Browsing Tag

Homebuyer

37 posts
In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.

Homebuyer Wins Relief: Developer Ordered to Fix Structural Issues in Flat

A Mumbai homebuyer, Palvinder Singh, has secured a partial victory against developer Mohan Lifespaces LLP, with MahaRERA ordering the rectification of structural defects in his flat. While a refund request was denied due to the timely issuance of the Occupancy Certificate and delayed possession by the buyer, the Authority mandated the developer to fix issues like wall cracks and tile problems within 30 days, upholding Section 14(3) of the RERA Act.
MahaRERA

After a Decade of Waiting, MahaRERA Orders Homebuyer to Settle Remaining Payment for Flat Booking

On October 17, 2024, MahaRERA issued a significant order in the case of Rajendra Bhabutmal Shah vs. Shatrughan Bhanudas Chavare, instructing the homebuyer to pay the outstanding balance for a flat booked nearly ten years ago. This decision emphasizes the need for adherence to contractual commitments in real estate dealings.
real estate approaches

Hope you are not dealing with these Real Estate Agents

In Mumbai and rest of Maharashtra it is mandatory that only those…
MahaRERA

One Stand-alone Project: One MahaRERA Number policy

Promoter should submit Declaration-cum-Undertaking stating no other MahaRERA number on full or…
GST

GST is applicable when a home buyer buys a home- everything you need to know about

 By Amit Gupta, MD, SAG Infotech The effects of GST (Goods and…