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

7 months ago 2

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MahaRERA directed Lodha Developers to refund a homebuyer's Rs 7 lakh booking amount with interest 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.

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

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