Browsing Tag

Payment Default

3 posts
MahaRERA rejected a review filed after four years, highlighting why delay and weak legal grounds can defeat your case.

MahaRERA Upholds Builder’s Termination of 7 Office Units Over Payment Default

MahaRERA has upheld the termination of seven office unit agreements by Raveshia Realtors in The Metropole project, ruling that the allottees failed to pay as per the registered agreements.
India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

Payment Default by Homebuyers: MahaRERA Upholds Builder’s Right to Cancel Allotments

MahaRERA has ruled that homebuyers who repeatedly default on payments risk losing their flats, upholding a builder’s right to cancel allotments under Section 11(5) of the RERA Act.
MahaRERA Order

Homebuyer Loses Flat, Payment Forfeited After Ignoring MahaRERA Order to Clear Dues

A recent MahaRERA order highlights the severe consequences for homebuyers who default on property payments and disregard regulatory directives. In a notable case, a homebuyer lost his flat and forfeited a significant amount already paid, serving as a critical warning for all property aspirants.