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Goa RERA Directs Aansav Realty to Hand Over Flat to Buyer, Pay ₹15 Lakh Penalty

  • by- Zaid
  • Apr 27, 2026
The Goa Real Estate Regulatory Authority has directed Margao-based developer Aansav Realty and Infrastructure Pvt Ltd to execute a sale deed and hand over possession of a 137 sq m flat to a Gurugram-based buyer within 60 days.
Goa RERA Directs Aansav Realty to Hand Over Flat to Buyer, Pay ₹15 Lakh Penalty

Panaji, April 27: The RERA found that the developer unlawfully cancelled the allotment and failed to deliver the apartment more than seven years past the stipulated deadline.

Key Details

  • Project: Aansav Verde, Varca

  • Flat size: 137 sq m (first floor, Block P)

  • Booking year: 2015

  • Total consideration: ₹53 lakh

  • Stipulated possession deadline: July 2018

  • Completion certificate obtained: November 21, 2025

  • Occupancy certificate obtained: December 4, 2025

Penalties Imposed

  • Penalty under RERA Act: ₹10 lakh

  • Costs to complainant: ₹5 lakh

  • Total: ₹15 lakh (payable within two months)

RERA's Observations

  • The developer's cancellation of allotment in March 2023 was illegal and without basis

  • WhatsApp messages as late as February 2025 confirmed outstanding balance of only ₹8.9 lakh

  • The developer's claim that the woman was an investor (not a genuine homeowner) was rejected

Additional Directive

The RERA asked the woman to pay outstanding dues so that handover can be completed. Failure to comply with the order will lead to further legal proceedings.