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Lease Deed, No Sale Agreement: MahaRERA Hears Case Anyway
In a significant ruling, MahaRERA heard a complaint based on a Lease Deed (not a sale agreement) despite the promoter’s jurisdiction challenge, but ultimately dismissed it citing a binding settlement of ₹6.25 lakhs executed in 2019. The order serves as a cautionary tale for homebuyers on the finality of settlements and the importance of documentation.
Maharashtra Releases ₹456.69 Crore for PMAY-U 2.0 BLC First Installments Across General, SC and ST Categories
The Maharashtra government has released ₹456.69 crore under PMAY-U 2.0 BLC for the first installment of already approved houses across General, SC and ST categories to speed up construction for beneficiaries.