In a landmark decision: MahaRERA Tribunal Upholds RERA Act’s Retroactive Power

Based on the provided news article, here is an excerpt that captures the essence of the ruling: “In a significant legal victory for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaRERA Tribunal) has delivered a detailed order affirming the retroactive power of the Real Estate (Regulation and Development) Act, 2016 (RERA Act). The ruling came in the appeals of two allottees from an incomplete project in Malad, solidifying the protection RERA offers to consumers even for agreements made before the law was enacted.

NAREDCO FINANCE CONCLAVE 2023 TO ADDRESS REAL ESTATE INDUSTRY’S FINANCIAL NEEDS

The National Real Estate Development Council (NAREDCO) is gearing up for the…

Failure of homebuyer to pay next installment in 15 days can lead to cancellation of allotment

Failure by a homebuyer to pay the next immediate installment after raised…

Tulip Infratech resurrects stuck Gurugram project

Tulip Infratech resurrects stuck Gurugram project. Launches Tulip Monsella- the tallest development…

Builder fined Rs 1 lac for RERA Violation

A builder was fined Rs 1 lakh for the violation of RERA…