Karnataka Tribunal sets aside KRERA order, grants relief to senior citizen after 12-year delay in villa possession

The appellate tribunal in Karnataka has overturned an order previously issued by the Karnataka Real Estate Regulatory Authority (KRERA), granting relief to a senior citizen who had faced an inordinate delay of 12 years in receiving possession of their villa. KRERA had earlier dismissed the senior citizen's complaint, but the tribunal, upon review, set aside this dismissal. The tribunal's ruling underscores the strict obligations of real estate developers to ensure timely delivery of properties to homebuyers, particularly in cases involving significant delays that cause undue hardship to the buyers.