Browsing Tag

homebuyers rights

29 posts
Bombay High Court dismisses developer’s challenge and holds that future additional FSI cannot be used to indefinitely delay deemed conveyance to housing societies.

Big Win for Homebuyers: No More Delaying Conveyance Over Additional FSI

Bombay High Court dismisses developer’s challenge and holds that future additional FSI cannot be used to indefinitely delay deemed conveyance to housing societies.
Mumbai Tribunal rules that once a developer exits a redevelopment project by terminating the agreement, RERA loses jurisdiction. Flat buyers who paid ₹50 lakh each were told to approach Civil Court instead. A must-read warning for all homebuyers in society redevelopment projects.

Society Redevelopment Gone Wrong: Why RERA Refused to Help Flat Buyers

Mumbai Tribunal rules that once a developer exits a redevelopment project by terminating the agreement, RERA loses jurisdiction. Flat buyers who paid ₹50 lakh each were told to approach Civil Court instead. A must-read warning for all homebuyers in society redevelopment projects.
In a major relief for homebuyers, MREAT has held that allottees can challenge only the unfavourable portions of a RERA order while simultaneously initiating recovery proceedings against the promoter. The Tribunal rejected the builder’s stay plea and imposed costs.

Homebuyers Can Challenge Only Unfavourable RERA Parts & Recover Simultaneously

In a major relief for homebuyers, MREAT has held that allottees can challenge only the unfavourable portions of a RERA order while simultaneously initiating recovery proceedings against the promoter. The Tribunal rejected the builder’s stay plea and imposed costs.
Maharashtra simplifies 37A approvals, speeding up redevelopment and property deals on leasehold land, offering relief to homebuyers.

Your Stalled Dream Home Could Finally Be Yours: New IBBI Report Offers Lifeline to Lakhs of Trapped Homebuyers

Homebuyers trapped in over 553 stalled projects affecting 1.08 lakh families finally have real hope. The new IBBI report, submitted last week on Supreme Court orders, promises project-wise resolution, ring-fenced funds, and a completion-first approach instead of liquidation. Here’s exactly how it could change your wait for possession forever.
In a major win for homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed CCI Projects to pay delay interest at SBI MCLR + 2% to two allottees in the Rivali Park Winter Green project, setting aside the MahaRERA order that had rejected their compensation claim. The Tribunal ruled that unilateral extensions of possession dates by the promoter are invalid and that buyers do not waive their rights by continuing payments.

MahaRERA Order Overturned: Homebuyers Win Delay Interest from CCI Projects in Rivali Park’s Winter Green Project

In a major win for homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed CCI Projects to pay delay interest at SBI MCLR + 2% to two allottees in the Rivali Park Winter Green project, setting aside the MahaRERA order that had rejected their compensation claim. The Tribunal ruled that unilateral extensions of possession dates by the promoter are invalid and that buyers do not waive their rights by continuing payments.