Delayed possession Archives - Square Feat India

Realty

MahaRERA Restores Case Against Developer Over Delayed Possession in Mumbai

MahaRERA has reinstated a non-compliance case against Kavya Mira Realty for failing to hand over possession of a property as per its 2021 order. The February 12, 2025, ruling directs the case to the Adjudicating Officer, ensuring the developer fulfills its obligations. The decision underscores MahaRERA’s commitment to protecting homebuyers from project delays and non-compliance issues.

SquareFeatIndia
March 11, 2025
2 minute read

Realty

MahaRERA Dismisses Complaints Due to Pre-RERA Contracts,

MahaRERA has ruled that homebuyers with pre-RERA contracts cannot seek relief under the Real Estate (Regulation and Development) Act, 2016, as the terms of these agreements remain binding. However, a homebuyer with a registered sale agreement has been awarded interest compensation for delayed possession.

SquareFeatIndia
March 3, 2025
2 minute read

Realty

MahaRERA Clarifies: Possession Without an OC is Not Legally Recognized

MahaRERA has clarified that possession of a property without an Occupancy Certificate (OC) is not legally valid. In a case involving the LEO Group Housing Complex, the regulatory body ruled that homebuyers living in such properties do not hold legal possession. The authority has imposed penalties on the developer and allowed affected buyers to claim compensation for delayed possession.