Builder Can’t Use COVID Excuse If Possession Was Due Before Pandemic
MahaREAT holds that promoters already in default before COVID cannot claim moratorium benefit to reduce interest for delayed possession under Section 18 of RERA.
MahaRERA Orders Real Estate Agent to Pay 1% Refund to Homebuyer
MahaRERA directs real estate agent Aman Yadav to pay 1% of transaction value to homebuyer Anil Agarwal for breaking written promise, citing Section 10(c) RERA.
Realty Stocks Open Steady as RERA Force Majeure Shield Protects Developers; Hormuz Deal Awaited
Realty stocks hold steady August 20 as MoHUA’s RERA force majeure shield protects developers from war delays. The Hormuz joint statement is being drafted.