Browsing Tag

MahaRERA

388 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 Appellate Tribunal Orders Developer to Refund Buyers, Rejects Cancellation Fee

The MahaRERA Appellate Tribunal has directed a developer to refund the outstanding payment with interest, rejecting cancellation charges. This verdict highlights the commitment to safeguarding homebuyers’ rights under the RERA Act.
Maharashtra Real Estate Appellate Tribunal upholds RERA exemption for projects on land under 500 sq m, even with over 8 units, denying buyers access to authority remedies for possession delays. Discover the key provisions and what options remain for affected flat owners.

HDIL Insolvency Proceedings Stall MahaRERA Complaint – Homebuyers Left in Limbo

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has adjourned complaints filed by homebuyers against HDIL sine die due to the insolvency moratorium mandated under the Insolvency and Bankruptcy Code (IBC). The decision was held by Ravindra Deshpande on August 20, 2019, leaving homebuyers in uncertainty as they await resolution through the ongoing Corporate Insolvency Resolution Process (CIRP).
MahaRERA has announced the de-registration of five real estate projects in Maharashtra

Buying a House? Beware! These Real Estate Projects Are Up for De-registration

If you’re looking to buy a home in Maharashtra, you need to be cautious! MahaRERA has announced the de-registration of five real estate projects, potentially affecting homebuyers and investors. If you have concerns, you have only 30 days to submit objections. Find out which projects are affected and how you can act to protect your investment.
Based on the provided news article, here is an excerpt that captures the essence of the ruling: "In a significant legal victory for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaRERA Tribunal) has delivered a detailed order affirming the retroactive power of the Real Estate (Regulation and Development) Act, 2016 (RERA Act). The ruling came in the appeals of two allottees from an incomplete project in Malad, solidifying the protection RERA offers to consumers even for agreements made before the law was enacted.

Possession Without an Agreement for Sale? MahaRERA Cracks Down on Builder

In a shocking turn of events, homebuyers in Gagan Nulife Phase 1 took possession of their flats without an Agreement for Sale. MahaRERA has now stepped in, ordering Gagan Lifespaces to execute the agreement within 60 days, ensuring buyers’ legal rights.
625 Day Delay Costs Homebuyers Their Appeal

625-Day Delay Costs Homebuyers Their Appeal: MahaRERA Tribunal Refuses to Budge

In a landmark decision, the Maharashtra Real Estate Appellate Tribunal (MREAT) dismissed two appeals due to a shocking 625-day delay in filing. The tribunal ruled that mere miscommunication with legal counsel does not justify missing statutory deadlines. This verdict serves as a warning to homebuyers and litigants—time is of the essence in real estate disputes.