MahaRERA orders Lodha Developers to issue full refund of booking money after homebuyer’s bank loan application got rejected

MahaRERA directed Lodha Developers to refund a homebuyer’s Rs 7 lakh booking amount after their loan was rejected. The buyer booked a Rs 2.26 crore flat based on a sales agent’s assurance of a full refund upon loan rejection. Lodha refused, citing clauses in the booking form. Read more to know this RERA judgement impacts homebuyers.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *