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property law

19 posts
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.
The Bihar RERA has fined a developer ₹1 lakh for displaying "Coming Soon" posters and online ads for an unregistered project, holding that even minimal promotions violate Section 3 of the RERA Act and defeat buyer protection goals.

Homebuyers Win Big: Tribunal Nixes Builder Moratorium, Orders Compensation for Delays

In a landmark decision, the Maharashtra Real Estate Appellate Tribunal has ordered developer Sheth Infraworld to compensate homebuyers for significant project delays, specifically disallowing the use of the pandemic-related moratorium as an excuse. This ruling marks a crucial victory for allottees seeking timely possession and fair compensation.
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

Ex Parte MahaRERA Ruling Put on Hold

The Maharashtra Real Estate Appellate Tribunal has temporarily halted an ex parte MahaRERA order against Siddhitech Developers. The ruling, which previously mandated the developer to execute sales agreements and pay interest for delayed possession, is now stayed pending appeal, though the developer is barred from creating third-party rights on the subject flats.
Based on the provided news article, here is an excerpt that captures the essence of the ruling: "In a significant legal victory for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaRERA Tribunal) has delivered a detailed order affirming the retroactive power of the Real Estate (Regulation and Development) Act, 2016 (RERA Act). The ruling came in the appeals of two allottees from an incomplete project in Malad, solidifying the protection RERA offers to consumers even for agreements made before the law was enacted.

MahaRERA Updates Guidelines for Hearing Complaints, Prioritizes Seniority

MahaRERA has issued a new circular revising the guidelines for hearing complaints filed under Section 31 of the RERA Act. The circular emphasizes that complaints will generally be heard based on the seniority of their filing date, with exceptions for cases involving serious illness, order reviews, settled disputes, and other specific circumstances.  
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

MahaRERA Appellate Tribunal Rejects Developer’s Appeal Over Delay in Filing

The Maharashtra Real Estate Appellate Tribunal has dismissed an appeal by developer Nitin Navgire, citing an unjustified 23-month delay and failure to comply with RERA’s legal requirements.