N.KIRUBAKARAN, P.VELMURUGAN
Adinath Srinivasa Foundations LLP, Rep. by Managing Partner, Chennai – Appellant
Versus
Secretary, Serene Kshetra Owners Association, Rep. by its Secretary Shekar Murthy – Respondent
JUDGMENT :
P. Velmurugan, J.
Prayer: Civil Miscellaneous Appeal filed Under Clause 58 of the Provision of the Real Estate (Regulation and Development) Act, 2016, against the order passed by the Real Estate Appellate Tribunal for Tamil Nadu, Puducherry, Andaman and Nicobar Islands dated 11.01.2019 in Appeal No.5 of 2018.
1. This Civil Miscellaneous Appeal is filed against the order passed by the Real Estate Appellate Tribunal (TNREAT) for Tamil Nadu, Puducherry, Andaman and Nicobar Islands dated 11.01.2019 in Appeal No.5 of 2018.
2. The appellant is in the field of development and construction of housing and commercial properties. The appellant wanted to develop a Housing project for the benefit of senior citizens. Accordingly, the appellant identified land in Kancheepuram District. The appellant entered into an agreement of sale with the owner of the land for a total extent of 13.20 acres and a Memorandum of Understanding dated 21.03.2013 with M/s. Serene Senior Living Private Limited to develop an integrated residential project for senior citizens termed as ‘Serene Kshetra’. The project consisted of 175 units - 99 Row houses, 15 Villas, 40 Twin Houses and 21 Studio Villas.
3. The owner
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