Tribunal Overturns MahaRERA Order: Builder Hit with 19-Year Interest from Day 1 on Duped NRIs

In a fresh instance of MREAT overturning a MahaRERA order, the Tribunal ruled that buyers cannot be made to wait 19 years while the builder uses their money, directing full refund with interest from the original 2006-07 payment dates.

Architect’s Certificate Cannot Replace Occupation Certificate, Rules Authority

MahaRERA has ruled that uploading Form 4 does not amount to project completion without an Occupation Certificate, ordering refunds with interest to homebuyers after prolonged delay.

MahaRERA Orders Refunds & Interest for Homebuyers, Possession with Delay Penalty in “Town Centre” Project

In a major order, MahaRERA has directed refunds with interest for some buyers and possession with delay penalty for another in the stalled “Town Centre” project by Fannan Builders. The ruling highlights how RERA empowers homebuyers while penalising defaulting builders.