Browsing Tag

homebuyer protection

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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.
Should capital gains on a flat be calculated from the allotment letter date or registration date? ITAT Mumbai says allotment letter date prevails, giving major relief to homebuyers in a key order.

MahaRERA’s Landmark Decisions in 2025 Strengthen Homebuyer Protection and Industry Accountability

In 2025, MahaRERA delivered a series of landmark reforms—disposing of a record 6,945 complaints, integrating all planning authorities, tightening compliance norms, and strengthening enforcement—marking a decisive shift toward faster justice, transparency, and stronger protection for homebuyers across Maharashtra.
India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

MahaRERA Cannot Decide Issues Relating to Eviction or Recovery of Flat

MahaRERA has ruled that eviction, flat recovery, and agreement-cancellation fall outside its jurisdiction. In the Amity Apartments case, the Authority dismissed the promoter’s complaint — clarifying that such civil-property disputes must be addressed in civil courts, not through RERA.
MahaRERA rules builder's one-sided termination — issued 4 years after homebuyers' complaint — cannot cancel statutory delay interest rights under RERA while project incomplete, granting interest from Jan 2022 till possession with OC in Ruparel Skygreens I case.

RERA Can’t Guarantee Delivery: MahaRERA Orders Justice After 5-Year Delay

A MahaRERA order highlights that RERA registration does not ensure timely possession. After a five-year legal fight, a homebuyer secured a refund with interest as the authority found the developer guilty of defaulting even after signing the agreement post-RERA implementation.
In a key ruling, MahaRERA held that even when an Agreement for Sale is silent on the possession date, the builder must hand over the flat within a reasonable period of three years from the agreement date — failing which, interest is payable for the delay period. The order in the Mauli Omkar project case awarded interest from March 2019 to April 2023 to complainant Sabirali Tufhel Shaikh.

MahaRERA Orders Full Refund with Interest to Homebuyer for Possession Delay

In a significant win for homebuyers, MahaRERA has ruled in favor of a complainant against Viijcon Properties for failing to deliver possession in the Viijcon Cellandine project. The authority ordered a full refund with interest, while dismissing three other complaints due to lack of valid promoter-allottee relationships or incomplete documentation.