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arbitration

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MahaRERA orders refunds with interest to homebuyers in the Zeal Regency project due to delayed possession and lack of Occupation Certificate (OC), directing the builder to also provide pending amenities.

MahaRERA Appellate Tribunal Overturns RERA Order, Emphasizes Homebuyer Rights Over Arbitration Agreements

The Maharashtra Real Estate Appellate Tribunal has overturned a RERA order, clarifying that arbitration clauses in prior agreements do not override the jurisdiction of the RERA Act in homebuyer disputes. The tribunal’s decision reinforces the importance of RERA in protecting homebuyers and ensures cases are decided on their merits.