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real estate regulation

53 posts
MahaRERA Approves 435 Projects for Dussehra, Covering 32,981 Flats Worth ₹23,719 Crore

MahaRERA Approves 435 Projects for Dussehra, Covering 32,981 Flats Worth ₹23,719 Crore

Maharashtra’s real estate regulator, the Maharashtra Real Estate Regulatory Authority (MahaRERA), approved…
MahaRERA Recovers ₹369 Crore for Homebuyers, Recovery Rate Stands at 45%

MahaRERA Recovers ₹369 Crore for Homebuyers, Recovery Rate Stands at 45%

Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered ₹369.45 crore in compensation…
Bombay HC rules flat agreements don’t give land ownership to societies, sets aside decades-old Thane dispute.

Homebuyers Beware: Unregistered MOU + Project Change = Zero Rights in MahaRERA

MahaRERA has dismissed a complaint seeking interest on ₹1.53 crore paid in 2011, ruling that an old unregistered MOU offers no protection when a project undergoes major changes through a Joint Development Agreement.
In a major victory for homebuyers, MahaREAT has overturned MahaRERA's order in the Cavansite project case, ruling that the possession date in a registered agreement is sacrosanct and cannot be changed by any authority without mutual consent.

Builder Skips RERA Hearings, Homebuyers Win Ex-Parte Refund Order

Despite repeated notices and opportunities, the promoter neither appeared nor filed any reply, forcing MahaRERA to pass an ex-parte order granting relief to the homebuyers.
MahaRERA

Lease Deed, No Sale Agreement: MahaRERA Hears Case Anyway

In a significant ruling, MahaRERA heard a complaint based on a Lease Deed (not a sale agreement) despite the promoter’s jurisdiction challenge, but ultimately dismissed it citing a binding settlement of ₹6.25 lakhs executed in 2019. The order serves as a cautionary tale for homebuyers on the finality of settlements and the importance of documentation.