Mumbai: NCDRC Grants Limited Interim Relief To Alta Monte Developers, Orders ERA Realtors To Deposit Decretal Amount
Mumbai, September 22, 2026: The National Consumer Disputes Redressal Commission (NCDRC) has granted limited interim relief to Malad-based ERA Realtors Pvt Ltd and Omkar Realtors in appeals challenging orders of the Maharashtra State Consumer Disputes Redressal Commission concerning flats in the Alta Monte project. The NCDRC has directed ERA Realtors to deposit the entire decretal amount, after…
On September 22, 2026, the National Consumer Disputes Redressal Commission (NCDRC) in Mumbai granted limited interim relief to ERA Realtors Pvt Ltd and Omkar Realtors in appeals against orders made by the Maharashtra State Consumer Disputes Redressal Commission regarding flats in the Alta Monte project. The NCDRC has ordered ERA Realtors to deposit the full decretal amount after deducting any previously deposited sum, within four weeks.
The deposited funds will be placed in a fixed deposit with a nationalized bank. The case stems from a July 29, 2025 ruling by the State Commission on complaints filed by homebuyers, including Vivek Saxena, against ERA Realtors and others. The State Commission had ordered the developers to complete the registered Agreement for Sale, transfer possession along with the Occupancy Certificate (OC) and promised amenities, and had awarded interest and compensation.
The court had found the developers guilty of failing to provide possession within a reasonable time, lacking service and engaging in unfair trade practice. While admitting the appeals, the NCDRC has granted temporary protection against the execution of the possession-related directives, though the stay still stands pending the next hearing on October 29. The deposit of the full decretal amount is a condition for this protection.
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