Browsing Tag

Flat Possession

4 posts
Revenue Minister Bawankule proposes capping builder payments at 75-80% before agreement for sale, with final registration.

Builders Can’t Collect Full Flat Payment Before Possession

Revenue Minister Bawankule proposes capping builder payments at 75-80% before agreement for sale, with final registration.
MahaRERA rejected a review filed after four years, highlighting why delay and weak legal grounds can defeat your case.

Builder Sells Flat, Later Says It Belongs to MHADA, Asks Homebuyer to Take Refund and Leave the Flat

MahaRERA rejected builder’s attempt to cancel a 2014 flat deal after claiming the unit was MHADA-reserved, and ordered possession.
The Rais booked a flat in 2013, paid ₹79 lakh, and were promised possession by December 2017. What followed was a developer collapse, a project takeover, a majority consent exercise they never agreed to — and a regulator that told them to cooperate. The tribunal disagreed.

🏠 Possession Refusal Considered Buyer’s Default: MahaRERA Sends Strong Message to Homebuyers

In a landmark ruling, MahaRERA held that homebuyers who refuse possession of ready flats cannot claim refunds or compensation. Once the project is complete and OC is obtained, the buyer must take possession — or risk being held in default.
The Bihar RERA has fined a developer ₹1 lakh for displaying "Coming Soon" posters and online ads for an unregistered project, holding that even minimal promotions violate Section 3 of the RERA Act and defeat buyer protection goals.

Homebuyers Win Big: Tribunal Nixes Builder Moratorium, Orders Compensation for Delays

In a landmark decision, the Maharashtra Real Estate Appellate Tribunal has ordered developer Sheth Infraworld to compensate homebuyers for significant project delays, specifically disallowing the use of the pandemic-related moratorium as an excuse. This ruling marks a crucial victory for allottees seeking timely possession and fair compensation.