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MahaREAT orders builder to refund Dubai NRI over Rs 1.15 crore for cancelled flats

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A Dubai-based Indian homebuyer won a case before the Maharashtra Real Estate Appellate Tribunal (MahaREAT) on July 1, 2026, after a dispute with a builder over two cancelled flats. The builder had claimed deductions following the cancellations, which the buyer contested. The tribunal ruled in favour of the homebuyer, directing the builder to refund Rs 48.73 lakh and Rs 66.56 lakh respectively for the two properties. Both refunds are to be paid along with interest calculated at SBI's Marginal Cost of Lending Rate plus 2%.

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