Transit Rent Default Can Cost Builders Their Personal Assets, Bombay HC Signals in Strong Order

The Bombay High Court has ruled that developers who default on paying transit rent to slum dwellers can now have dues recovered from their personal assets, thanks to the newly inserted Section 33B. Calling for strict implementation, the Court directed SRA to decide transit rent complaints within 15 days and ensure immediate disbursal with interest.

Homebuyers Come Before Banks: MahaRERA Pulls Bank For Ignoring Homebuyers While Lending Money to Builder

In a landmark ruling in the Ashish Sea View case, MahaRERA has declared that homebuyer rights take precedence over banks’ SARFAESI claims. The authority criticised lenders for failing to verify third-party rights and directed them to conduct thorough due diligence before granting project loans. The order significantly strengthens protections for Maharashtra homebuyers.

Can Developers Sell Parking to Homebuyers?

MahaRERA has clearly defined which types of parking developers can legally sell. Open parking is a common area and cannot be sold, while covered parking and garages are saleable. This guide explains what every homebuyer must know before buying a flat.

Homeowners Alert! Builders Legally Bound to Fix Major Defects Within 5 Years – RERA Section 14(3) Explained

Under RERA Section 14(3), builders must repair major defects within five years of possession or compensate buyers. A landmark shift in homebuyer protection.

MahaRERA Appellate Tribunal Allows CCI Projects’ Delayed Appeal, Says Time Spent in Review Process Must Be Excluded

The MahaRERA Appellate Tribunal has condoned the delay by CCI Projects in appealing against an order awarding interest to homebuyers, holding that time spent on review and writ proceedings cannot be counted toward limitation.