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Mumbai Real Estate

491 posts
MahaRERA Appellate Tribunal rules that settlement on possession & payment does not waive homebuyer’s right to RERA delay interest unless explicitly recorded.

Delay in Approvals Not Force Majeure, Builder Told to Pay Interest to Homebuyer

Tribunal holds regulatory delays are not force majeure under RERA; Rare Townships directed to pay interest to homebuyer from 1 January 2019.
Virat Kohli and Anushka Sharma have bought an ₹18.29 crore luxury apartment in Godrej Skyshore, Versova, Mumbai.

Virat Kohli, Anushka Sharma Buy ₹18.29 Crore Luxury Apartment in Mumbai

Virat Kohli and Anushka Sharma have bought an ₹18.29 crore luxury apartment in Godrej Skyshore, Versova, Mumbai.
MahaRERA rejected a review filed after four years, highlighting why delay and weak legal grounds can defeat your case.

Unhappy With a MahaRERA Order? Avoid These Costly Mistakes or Your Review May Be Rejected

MahaRERA rejected a review filed after four years, highlighting why delay and weak legal grounds can defeat your case.
Ten X Realty South Ltd and Shanti Om Residency sign Rs 770-cr JDA for major Parel SRA project; stamp authorities fix duty at Rs 38.49 crore.

Ten X Realty, Shanti Om Seal Rs 770-Cr JDA for Parel SRA

Ten X Realty South Ltd and Shanti Om Residency sign Rs 770-cr JDA for major Parel SRA project; stamp authorities fix duty at Rs 38.49 crore.
In a sharp rebuke to one-sided builder clauses, the Appellate Tribunal has ordered Omkar group to refund nearly ₹1.15 crore with interest to an NRI allottee in the Omkar Meridia project, holding that making refund conditional on selling the flat to a new buyer is unconscionable and against RERA.

Delayed Possession Claim Fails After Accepting Flat – Key MahaRERA Ruling

In a notable ruling, MahaRERA rejected a homebuyer’s claim for delay interest after they took possession of the flat and filed the complaint 10 months later, citing inbuilt limitation under Section 18.