Browsing Tag

builder default

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In a significant win for homebuyers, MahaRERA and the Appellate Tribunal upheld a 2005 booking despite the handling director's death and promoters' denial of knowledge, directing execution of agreement for an equivalent flat or refund with interest — a reminder of RERA's buyer protections even in legacy cases.

Big Relief for Homebuyers: Tribunal Says Banks Can’t Chase You for Loan If Builder Fails to Deliver Flat!

DRAT Allahabad has delivered huge relief to homebuyers in delayed projects: If your bank paid the loan directly to the builder and you never got the flat, you may not have to repay the loan. A must-read case for anyone facing builder delays!
In a landmark ruling, the Bombay High Court has cleared the path for the BMC to take direct control of a Malad East slum rehabilitation project, rehabilitating eligible dwellers at its own expense after cancelling a private developer's NOC for non-compliance. The decision prioritizes public amenities on civic land and highlights landowner rights in Mumbai's redevelopment landscape.

Transit Rent Default Can Cost Builders Their Personal Assets, Bombay HC Signals in Strong Order

The Bombay High Court has ruled that developers who default on paying transit rent to slum dwellers can now have dues recovered from their personal assets, thanks to the newly inserted Section 33B. Calling for strict implementation, the Court directed SRA to decide transit rent complaints within 15 days and ensure immediate disbursal with interest.