Telangana Real Estate Appellate Tribunal: developers cannot unilaterally extend possession dates even after RERA registration renewal
· Reported by RealtyPromoo
Telangana's Real Estate Appellate Tribunal ruled that renewing a project's RERA registration does not automatically push out the possession date promised to buyers, and on that basis dismissed 31 appeals by a builder trying to avoid delay-interest payments. A promoter cannot unilaterally shift the handover date just because the registration was extended, so a lawyer checking a project's RERA status must treat the registration validity date and the contractual possession date as two separate things.
We have not written our own note on this one yet. The source report and, where we found it, the primary document are linked below.
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