Browsing Tag

MahaRERA

372 posts
MahaRERA has placed 200 projects in abeyance for using shared bank accounts across developments, violating RERA's project-specific fund segregation rule. This freezes accounts and blocks new sales to prevent fund misuse. Check the full list with PR numbers on the official site and verify status before investing.

Buying a Home? Then Check This List: MahaRERA Has Prohibited These Builders from Selling Flats

MahaRERA has placed 200 projects in abeyance for using shared bank accounts across developments, violating RERA’s project-specific fund segregation rule. This freezes accounts and blocks new sales to prevent fund misuse. Check the full list with PR numbers on the official site and verify status before investing.
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.
In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.

Investor Turned Flat Purchase Qualifies as ‘Allottee’ – Builder Ordered to Refund ₹20 Lakh + Interest

In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.
MahaRERA has ordered the promoter of the Godrej 24 project in Hinjawadi to permanently rectify seepage defects under Section 14(3) of RERA, reinforcing that builders remain responsible for structural defects even after possession and that temporary repairs do not fulfil statutory obligations.

Builder of Godrej 24 Project Directed by MahaRERA to Permanently Repair Seepage Defects

MahaRERA has ordered the promoter of the Godrej 24 project in Hinjawadi to permanently rectify seepage defects under Section 14(3) of RERA, reinforcing that builders remain responsible for structural defects even after possession and that temporary repairs do not fulfil statutory obligations.
The Maharashtra Real Estate Appellate Tribunal has ruled that RERA does not allow homebuyers to return a flat and seek refund after taking possession, holding that acceptance of possession closes the exit route under Section 18 of the Act.

Big Win for Housing Society: Appellate Tribunal Overturns MahaRERA Status Quo in Chembur Project

The Maharashtra Real Estate Appellate Tribunal has overturned a MahaRERA order imposing status quo on the redevelopment of Building No. 22 in Chembur’s Subhash Nagar, delivering a major win for Chembur Shivsmruti Cooperative Housing Society and allowing progress with new developer Adityaraj Housing Corporation.