Browsing Tag

Occupancy certificate

26 posts
Physical possession, not OC, ends builder’s duty. MahaREAT orders interest till keys are handed over in Oasis Tower case.

Physical Possession, Not OC, Ends Builder’s Duty: MahaREAT Orders Interest Till Keys Are Handed Over

Physical possession, not OC, ends builder’s duty. MahaREAT orders interest till keys are handed over in Oasis Tower case.
Maharashtra Appellate Court dismisses interim relief plea in Kandivali flat dispute, saying the core family property issues need Civil Court adjudication.

OC in 2020, Keys Only in 2023: Tribunal Forces Builder to Pay Interest Till Actual Possession

Tribunal rules interest runs till actual keys are handed over, not till OC. Builder also cannot charge maintenance for the period possession was withheld.
MahaRERA orders Shree Sanket Developers to execute conveyance deed forthwith and imposes ₹50,000 penalty for violating Sections 11 & 17.

MahaRERA Penalises Developers ₹50,000 for Failing to Execute Conveyance Deed

MahaRERA orders Shree Sanket Developers to execute conveyance deed forthwith and imposes ₹50,000 penalty for violating Sections 11 & 17.
BMC will table OC Amnesty Scheme draft in Standing Committee tomorrow

Exclusive: BMC OC Amnesty Scheme; Draft to be Presented in Standing Committee Tomorrow

BMC will table OC Amnesty Scheme draft in Standing Committee tomorrow
MahaRERA

Lease Deed, No Sale Agreement: MahaRERA Hears Case Anyway

In a significant ruling, MahaRERA heard a complaint based on a Lease Deed (not a sale agreement) despite the promoter’s jurisdiction challenge, but ultimately dismissed it citing a binding settlement of ₹6.25 lakhs executed in 2019. The order serves as a cautionary tale for homebuyers on the finality of settlements and the importance of documentation.