MahaREAT Landmark Ruling: Housing Societies Not Automatically ‘Promoter’ for Erstwhile Developer’s Liabilities

The Maharashtra Real Estate Appellate Tribunal (MahaREAT) set aside a MahaRERA order, ruling that a cooperative housing society that terminates a developer and undertakes self-redevelopment is not a ‘Promoter’ under RERA and is not liable for the former developer’s debts or obligations to third-party allottees.

Since Jan, 32 Realty Projects saw Change in Promoter

SInce the start of this year 32 real estate projects in the…

Is your Builder Transferring his Rights in the Project to Third Party, then read this

If a builder is transferring his rights in a project to a…