Browsing Tag

MahaRERA

372 posts
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.

MahaRERA Orders Full Refund with Interest to Homebuyer for Possession Delay

In a significant win for homebuyers, MahaRERA has ruled in favor of a complainant against Viijcon Properties for failing to deliver possession in the Viijcon Cellandine project. The authority ordered a full refund with interest, while dismissing three other complaints due to lack of valid promoter-allottee relationships or incomplete documentation.
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

Ex Parte MahaRERA Ruling Put on Hold

The Maharashtra Real Estate Appellate Tribunal has temporarily halted an ex parte MahaRERA order against Siddhitech Developers. The ruling, which previously mandated the developer to execute sales agreements and pay interest for delayed possession, is now stayed pending appeal, though the developer is barred from creating third-party rights on the subject flats.
In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.

Redevelopment May Cost You Your Flat! MahaRERA Dismisses Buyer’s Claim in Tagore Nagar Project

In a critical ruling, MahaRERA has dismissed a homebuyer’s claim to flats promised by an earlier builder in Mumbai’s Tagore Nagar redevelopment. The case underlines the risks buyers face in projects where developer control has changed. Experts urge caution and legal checks before investing in such ventures.
The Bihar RERA has fined a developer ₹1 lakh for displaying "Coming Soon" posters and online ads for an unregistered project, holding that even minimal promotions violate Section 3 of the RERA Act and defeat buyer protection goals.

Not Just Developers! Tribunal Says Society is Also a Promoter Under RERA

In a major ruling, the Maharashtra Real Estate Appellate Tribunal held that a society redeveloping its own property after terminating the builder is also a “promoter” under RERA — making it liable to compensate flat buyers and requiring it to deposit funds before appealing.
MahaRERA has redesigned its registration certificate to include detailed housing project information such as built-up area, number of units, floors, and parking.

Homebuyers Alert: MahaRERA Certificate Now Comes with Full Project Details

In a major move to protect homebuyers, MahaRERA has upgraded its registration certificates to include all crucial project details in bullet points, such as total built-up area, unit count, approved floors, and parking availability. This pro-consumer step ensures easier access to accurate project information at a glance.