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real estate news

229 posts
In a sharp rebuke to one-sided builder clauses, the Appellate Tribunal has ordered Omkar group to refund nearly ₹1.15 crore with interest to an NRI allottee in the Omkar Meridia project, holding that making refund conditional on selling the flat to a new buyer is unconscionable and against RERA.

Delayed Possession Claim Fails After Accepting Flat – Key MahaRERA Ruling

In a notable ruling, MahaRERA rejected a homebuyer’s claim for delay interest after they took possession of the flat and filed the complaint 10 months later, citing inbuilt limitation under Section 18.
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.
Maharashtra forms a new panel to speed up approval of land acquisition awards involving compensation above ₹100 crore.

Maharashtra Issues Fresh Guidelines on Regularising Multiple Transfers of Ceiling Land

Maharashtra now allows only the latest unauthorised ceiling land transfer to be regularised, easing burden on owners.
Appellate court awards ₹2 lakh to senior citizen after society failed to resolve years of terrace leakage complaints.

Housing Society Ordered to Pay ₹2 Lakh to Member Over Terrace Leakage

Appellate court awards ₹2 lakh to senior citizen after society failed to resolve years of terrace leakage complaints.
MahaRERA

Builder Drags Homebuyers to MahaRERA for Non-Payment, Gets Flats Cancelled & Money Forfeited

Pune developer Gera Developments dragged two homebuyers to MahaRERA for non-payment of installments. The authority cancelled both agreements but allowed the builder to forfeit only 2% instead of the demanded 10% plus charges.