Delhi REAT Holds Homebuyer Who Booked Flat Under Buy-Back Scheme As Allottee, Remands Matter To Delhi RERA

The Delhi RERA remanded a case to reconsider whether a homebuyer who booked a flat under a buy-back scheme is an allottee. The case centered on a homebuyer’s right to be considered an allottee under the buy-back arrangement. Delhi RERA’s decision to remand the matter reflects the complexity of such schemes and the need to clarify whether the buyer qualifies as an allottee under RERA rules. This ruling ensures that homebuyers involved in similar schemes are treated fairly under the law. The remand order aims to ensure that the legal rights of homebuyers in such schemes are properly addressed.