Browsing Tag
MahaRERA
456 posts
MahaRERA Mandates Prominent Display of Project Details in Advertisements, Warns of Penalties
MahaRERA has directed that all housing project advertisements must prominently display the MahaRERA registration number, website, and project’s QR code, in a font size equal to or larger than the project’s contact details. Violators will face penalties.
MahaRERA Directs Developer to Allocate Car Parking to Homebuyers, Warns of Penalty for Non-Compliance
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the developer of Suyog Nisarg Phase III to allocate promised car parking spaces to three homebuyers within 30 days. The ruling, delivered after the developer’s absence from the hearing, warns of penalties for non-compliance and highlights ongoing registration and compliance issues with the project.
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.
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).