Browsing Tag

MahaREAT

21 posts
Paid Before Agreement? Can A Builder Call It Earnest Money And Can’t Keep It All?

Your Booking Money Isn’t Earnest Money: MahaREAT Rejects Full Forfeiture

A homebuyer who paid a little over ₹4 lakh before any Agreement…
Physical possession, not OC, ends builder’s duty. MahaREAT orders interest till keys are handed over in Oasis Tower case.

Physical Possession, Not OC, Ends Builder’s Duty: MahaREAT Orders Interest Till Keys Are Handed Over

Physical possession, not OC, ends builder’s duty. MahaREAT orders interest till keys are handed over in Oasis Tower case.
MahaREAT holds that promoters already in default before COVID cannot claim moratorium benefit to reduce interest for delayed possession under Section 18 of RERA.

Builder Can’t Use COVID Excuse If Possession Was Due Before Pandemic

MahaREAT holds that promoters already in default before COVID cannot claim moratorium benefit to reduce interest for delayed possession under Section 18 of RERA.
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.
“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.

Builder vs 40 Homebuyers: Mumbai Tribunal Delivers Epic Smackdown to Promoter in 40-vs-1 RERA War!

In a stunning 40-vs-1 rout, the Maharashtra Real Estate Appellate Tribunal has dismissed every appeal filed by CCI Projects against 40 homebuyers, ordering the promoter to pay delayed possession interest plus costs in the Wintergreen project at Rivali Park, Borivali.