Browsing Tag

Real Estate Compliance

7 posts
In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.

Carpet Area Changes: What MahaRERA Rules Actually Say — A Simple Explainer for Homebuyers

A new MahaRERA order reiterates key rules on carpet area variation, the 3% permissible limit, and refund obligations. Here’s a simple explainer on how builders must confirm final area after OC and what rights homebuyers can exercise if the area changes.
The ED has attached crypto worth ₹2,385 crore and properties worth ₹2,681 crore in the OctaFX scam case. With the mastermind arrested in Spain, this high-stakes investigation reveals how illicit funds are layered through real estate and global financial networks.

ED Attaches ₹2,385 Crore in Crypto Linked to OctaFX Scam; Properties Worth ₹2,681 Crore Seized Including 19 Assets & Luxury Yacht in Spain

The ED has attached crypto worth ₹2,385 crore and properties worth ₹2,681 crore in the OctaFX scam case. With the mastermind arrested in Spain, this high-stakes investigation reveals how illicit funds are layered through real estate and global financial networks.
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.
MahaRERA

MahaRERA Issues Guidelines to Ensure Safe Home Buying Practices

MahaRERA, Real Estate Guidelines, Home Buying Safety, Maharashtra Real Estate, Safe Property Purchase, RERA Rules, Real Estate Compliance, Property Investment Tips, Buyer Protection, Real Estate Transparency
MahaRERA

How Many Real Estate Projects Has MahaRERA Suspended In Your District?

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registration of 1,905 real estate projects across the state due to compliance and progress issues. Pune leads with 487 suspended projects, followed by Mumbai Suburban and Palghar. Additionally, 45 projects have voluntarily withdrawn their registrations, reflecting the ongoing challenges in Maharashtra’s real estate sector.