Browsing Tag

Maharashtra RERA

7 posts
Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT restores case of Chembur society and directs fresh verification as per Supreme Court judgment.

Mumbai Court Backs Flat Owner’s Challenge to Cluster Redevelopment Election

In a major relief for homebuyers, the Maharashtra State Co-operative Appellate Court rejected the federation’s plea to dismiss a dispute filed by Goregaon flat owner Kajal Rajani challenging the cluster redevelopment election process.
In a major victory for homebuyers, MahaREAT has overturned MahaRERA's order in the Cavansite project case, ruling that the possession date in a registered agreement is sacrosanct and cannot be changed by any authority without mutual consent.

Builder Skips RERA Hearings, Homebuyers Win Ex-Parte Refund Order

Despite repeated notices and opportunities, the promoter neither appeared nor filed any reply, forcing MahaRERA to pass an ex-parte order granting relief to the homebuyers.
MahaRERA

Builder Drags Homebuyers to MahaRERA for Non-Payment, Gets Flats Cancelled & Money Forfeited

Pune developer Gera Developments dragged two homebuyers to MahaRERA for non-payment of installments. The authority cancelled both agreements but allowed the builder to forfeit only 2% instead of the demanded 10% plus charges.
In a major relief to homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed Parorch Developers to refund over ₹2.25 crore with interest, holding that an allotment letter is a valid enforceable contract under RERA even in the absence of a registered Agreement for Sale. The Tribunal overturned MahaRERA’s dismissal order in the Trinity Towers, Powai case.

MahaRERA Orders Interest for Delayed Possession in Kalyan’s Vrundavan Project

MahaRERA directs Shree Vasturachana Developers to pay interest for delayed possession in Vrundavan project, Kalyan, as physical handover without OC ruled invalid. Buyer wins compensation under Section 18.
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.

No Possession Date in Agreement? MahaRERA Rules: Builder Must Deliver in 3 Years

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.