Karnataka RERA Orders Refund To Homebuyer After Builder Refuses To Register Sale Agreement Despite Receiving Over 10% Of Flat's Cost

In a recent Karnataka RERA case, a homebuyer sought a refund from a builder after the latter failed to register a sale agreement for 10 flats. The buyer demanded a refund of ₹26,22,055 paid as advance. The Karnataka Real Estate Regulatory Authority ruled in favor of the homebuyer, ordering the builder to refund the amount with interest. The decision underscores RERA's role in protecting consumer rights and ensuring compliance with registration norms to prevent unfair practices in the real estate sector.