Kavya Mira Realty Archives - Square Feat India https://squarefeatindia.com/tag/kavya-mira-realty/ Real Estate News Website Mon, 10 Mar 2025 08:51:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://squarefeatindia.com/wp-content/uploads/2019/12/squrefeatindia_favicon.png Kavya Mira Realty Archives - Square Feat India https://squarefeatindia.com/tag/kavya-mira-realty/ 32 32 MahaRERA Restores Case Against Developer Over Delayed Possession in Mumbai https://squarefeatindia.com/maharera-restores-case-against-developer-over-delayed-possession-in-mumbai/ Tue, 11 Mar 2025 08:44:26 +0000 https://squarefeatindia.com/?p=8780 MahaRERA has reinstated a non-compliance case against Kavya Mira Realty for failing to hand over possession of a property as per its 2021 order. The February 12, 2025, ruling directs the case to the Adjudicating Officer, ensuring the developer fulfills its obligations. The decision underscores MahaRERA’s commitment to protecting homebuyers from project delays and non-compliance issues.

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]]> The Maharashtra Real Estate Regulatory Authority (MahaRERA) has reinstated a non-compliance case against Kavya Mira Realty, following a complaint by B.K. Finance Corporation Pvt. Ltd. regarding delayed possession of a property. The case, originally dismissed due to procedural issues, has now been restored and transferred to the Adjudicating Officer for further action.

Background of the Case

The case dates back to July 25, 2019, when the complainant filed a grievance under Section 18 of RERA, seeking compensation for the delay in possession of a property. MahaRERA issued a final order on December 14, 2021, instructing the developer to pay interest from February 1, 2015, until possession with an occupancy certificate was provided.

However, as the developer failed to comply, the complainant filed a non-compliance application on April 12, 2022, demanding enforcement of the order.

Dismissal and Restoration of the Case

On July 4, 2023, MahaRERA dismissed the non-compliance application, citing:

  • The complainant had already filed a civil suit in the Thane district court and a cheque dishonor case under Section 138 of the Negotiable Instruments Act.
  • The complainant failed to attend the scheduled hearing, leading to the assumption that they were not pursuing the case further.

However, the complainant later filed a restoration application, arguing that they were unaware of the hearing due to technical issues and had no deliberate intent to remain absent.

MahaRERA’s Latest Ruling

During a virtual hearing on November 28, 2024, MahaRERA observed that:

  • The respondent (Kavya Mira Realty) failed to appear for three consecutive hearings, leading to an ex-parte decision.
  • The complainant had genuine difficulties in accessing the hearing and should not be penalized on procedural grounds.

As a result, MahaRERA has restored the non-compliance case and directed its transfer to the Adjudicating Officer for further legal proceedings. The MahaRERA Registry has been instructed to facilitate the transfer.

Implications for Homebuyers

This ruling reaffirms MahaRERA’s commitment to protecting homebuyers’ rights and ensuring developers comply with their obligations. The decision highlights the importance of accountability in the real estate sector, giving hope to other buyers facing possession delays and non-compliance issues.

The MahaRERA order was passed on February 12, 2025, following a virtual hearing, after the matter was reserved for order on November 28, 2024.

📍 Stay tuned for further updates on this case and more real estate news!

Also Read: maharera exam

The post MahaRERA Restores Case Against Developer Over Delayed Possession in Mumbai appeared first on Square Feat India.

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