33. We may now consider the effect of the registration of the Project under the RERA Act. In the present case the apartments were booked by the Complainants in 2011-2012 and the Builder Buyer Agreements were entered into in November, 2013. As promised, the construction should have been completed in 42 months. The period had expired well before the Project was registered under the provisions of the RERA Act.
Merely because the registration under the RERA Act is valid till 31.12.2020 does not mean that the entitlement of the concerned allottees to maintain an action stands deferred. It is relevant to note that even for the purposes of Section 18, the period has to be reckoned in terms of the agreement and not the registration. Condition no. (x) of the letter dated 17.11.2017 also entitles an allottee in same fashion. Therefore, the entitlement of the Complainants must be considered in the light of the terms of the Builder Buyer Agreements and was rightly dealt with by the Commission.
M/s. Imperia Structures Ltd. Vs. Anil Patni and Anr.
[Civil Appeal No. 3581-3590 of 2020 @ Civil Appeal Diary No. 9796/2019]
[Civil Appeal No. 3591 of 2020 @ Civil Appeal Diary No. 9793/2019]
Source: https://www.advocatekhoj.com/library/judgments/announcement.php?WID=13253