World AffairsTimes of India1 min read9/24/2026 (2h ago)

Dubai-based Indian cancelled 2 flats, builder claims deductions; what MahaREAT ruled

Dubai-based Indian cancelled 2 flats, builder claims deductions; what MahaREAT ruled
60-Word AI Digest

On July 1, 2026, the homebuyer won the matter before the MahaREAT. In its ruling, the tribunal directed the builder to refund the homebuyer Rs 48.73 lakh and Rs 66.56 lakh, along with interest at the State Bank of India's Marginal Cost of Lending Rate (MCLR) plus 2%.

Key Takeaways

  • On July 1, 2026, the homebuyer won the matter before the MahaREAT.
  • In its ruling, the tribunal directed the builder to refund the homebuyer Rs 48.73 lakh and Rs 66.56 lakh, along with interest at the State Bank of India's Marginal Cost of Lending Rate (MCLR) plus 2%.
  • Full details and original dispatch available below.

On July 1, 2026, the homebuyer won the matter before the MahaREAT. In its ruling, the tribunal directed the builder to refund the homebuyer Rs 48.73 lakh and Rs 66.56 lakh, along with interest at the State Bank of India's Marginal Cost of Lending Rate (MCLR) plus 2%.

Original Publisher Attribution

This summary was curated from Times of India.

Read Original on Times of India
Dubai-based Indian cancelled 2 flats, builder claims deductions; what MahaREAT ruled — Loop60