MahaRERA Clarifies: Possession Without an OC is Not Legally Recognized

MahaRERA has clarified that possession of a property without an Occupancy Certificate (OC) is not legally valid. In a case involving the LEO Group Housing Complex, the regulatory body ruled that homebuyers living in such properties do not hold legal possession. The authority has imposed penalties on the developer and allowed affected buyers to claim compensation for delayed possession.

Homebuyers Alert: MahaRERA Invites Objections on De-Registration of 12 Real Estate Projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has published a list of real estate projects for which promoters have applied for de-registration. Homebuyers and stakeholders are urged to review the list and submit objections if they have concerns. The deadline for objections is thirty days from the date of the notice.

MahaRERA Orders Refund with Interest in Serenity Project Case, Dismisses Premature Complaints

In a crucial ruling, MahaRERA has directed JVPD Properties Private Limited to refund homebuyers of the delayed Serenity – BLDG 1 project with interest as per Maharashtra RERA Rules. While two complaints were upheld, four were dismissed as premature, including an attempt to hold Xander Finance Pvt. Ltd. responsible for project completion. MahaRERA has given the developer 60 days to comply with the refund order, reinforcing its stance on protecting homebuyers from undue delays.

Developers Updating Project Details on MahaRERA Website Increases from 0.02% in Jan 2023 to 62% Now

Developers updating project details on MahaRERA have surged from 0.02% in January 2023 to 62% now, thanks to strict enforcement and compliance measures. This initiative has improved transparency and reduced complaints from homebuyers, ensuring better accountability in Maharashtra’s real estate sector.

6,755 Clear MahaRERA Exam: 84-Year-Old Mumbai Man Among Top Achievers

The results of the 6th MahaRERA real estate agent exam are out, with a record-breaking 6,755 candidates clearing the test. Pune’s Praveen Kamble topped with 98%, while 84-year-old Daulatsinh Gadhvi from Mumbai proved age is no barrier to success. This certification is now mandatory for agents under MahaRERA’s regulations, ensuring better guidance for homebuyers.