I booked a flat in Imphal but the builder abandoned the project midway, what are my remedies under RERA?

Detailed Legal Analysis

If the builder has abandoned the project midway in Imphal, you have several remedies under the Real Estate (Regulation and Development) Act, 2016 (RERA). The act aims to protect home buyers and promote transparency in the real estate sector.

Here are the steps and options available to you:

• File a Complaint with RERA: You can lodge a complaint with the Real Estate Regulatory Authority of Manipur against the builder for abandonment of the project under Section 31 of RERA, which allows aggrieved buyers to file a complaint for violation of the provisions of the act.
• Seek Refund: Under Section 18 of RERA, if the builder fails to complete the project within the stipulated time, you are entitled to a refund of the amount paid along with interest. You can also claim compensation for any losses incurred due to the delay.
• File for Compensation: If you have suffered financial losses due to the builder's failure to deliver the project, you may also seek compensation under Section 12 of RERA, which deals with the right of the buyer to claim compensation for unfair trade practices.
• Request for Completion: If you prefer to get the project completed, you can request the RERA authority to direct the builder to complete the project, as per the provisions under Section 14, which mandates that the builder must adhere to the timeline for completion.
• Engage a Legal Professional: It is advisable to consult a lawyer who specializes in real estate and consumer protection laws to guide you through the process and help you file the necessary documentation.

Additionally, ensure that you keep all records of your payments, agreements, and any communication with the builder, as these documents will be crucial in supporting your claims. You can also approach the Consumer Forum under the Consumer Protection Act, 2019 if you believe your rights as a buyer have been violated.

Overall, RERA provides a robust framework for protecting the interests of home buyers, and acting promptly can help you recover your investment or ensure the completion of your flat.