IBC Laws

REAT-Haryana
Where no Builder Buyer Agreement was executed, the parties are bound by the allotment application form, and an offer of constructive possession made after grant of Occupation Certificate is a valid offer of possession; assured returns cannot be claimed in perpetuity absent a contractual clause

Read More: https://ibclaw.in/alok-gupta-and-anr-vs-advance-india-projects-ltd-haryana-reat/

Reported at: (2026) ibclaw.in 338 REAT

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REAT-Uttar Pradesh(UP)
Allotment of non-lockable or virtual office space carrying only a right to proportionate lease income and not identifiable physical possession does not fall within the ambit of RERA, and claims for possession, delay interest or assured returns in respect of such space are not maintainable before the Authority

Read More: https://ibclaw.in/diograzia-realcon-pvt-ltd-vs-bhutani-group-uttar-pradesh-reat/

Reported at: (2026) ibclaw.in 314 REAT

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