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Mega Developers

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MahaREAT has ruled that homebuyers who file civil suits first for possession and interest cannot later file RERA complaints for identical reliefs, dismissing RERA complaints as non-maintainable due to forum shopping.

MahaREAT Orders Developer to Pay Interest and Upfront Payment Rebate to Homebuyers in Key RERA Ruling

A significant ruling by the Maharashtra Real Estate Appellate Tribunal has mandated a developer to pay both delayed possession interest and a promised upfront payment rebate to homebuyers, in addition to the refund amount. The judgment clarifies that these financial reliefs are a mandatory part of the allottee’s protection under the RERA Act.