Browsing Tag

real estate regulation

50 posts
The Supreme Court has ruled that earnest money cannot be forfeited when both the buyer and seller are at fault, offering vital clarity on homebuyer rights and equitable remedies in real estate disputes.

How Much Money Can a Builder Forfeit If a Homebuyer Cancels a Deal?

MahaRERA’s 2022 order limits how much developers can deduct when a buyer cancels a flat booking — capping forfeiture at 2% before the agreement is signed, ensuring fairness and faster refunds for Maharashtra homebuyers.
MahaRERA has ruled that a booking application form does not by itself create a binding sale contract and directed Mahindra Happinest Developers to refund ₹1.50 lakh to a homebuyer, holding that forfeiture was illegal as the booking was never completed.

MahaRERA Dismisses NRI Homebuyer’s Plea, Says It Cannot Enforce Consumer Court Orders

MahaRERA has dismissed an NRI homebuyer’s complaint seeking interest on refund from the DSK Anandghan project, ruling that it cannot enforce consumer court orders. The order brings clarity on RERA’s jurisdiction and guides buyers to approach the correct forum for execution.
MahaRERA has granted a project extension to S D Corporation’s Siennaa Wing F but imposed strict conditions — including milestone disclosures and monthly progress reports — to safeguard homebuyers.

🏗 MahaRERA Asks Builder to Submit Completion Milestones to Homebuyers While Granting Extension

MahaRERA has granted a project extension to S D Corporation’s Siennaa Wing F but imposed strict conditions — including milestone disclosures and monthly progress reports — to safeguard homebuyers.
A vibrant festive-themed illustration of Maharashtra real estate boom — showing buildings under construction, approval stamps, and festive Dussehra elements like a bow and arrow or decorative lights. Include a map outline of Maharashtra subtly in the background. Use warm festive colors (orange, yellow, red) blended with modern real estate visuals to reflect optimism and growth.

🏗️ MahaRERA Creates Festive Record: 405 New Projects Approved on Dussehra! Pune Tops, Mumbai Follows

MahaRERA has approved a record 405 housing projects on Dussehra 2025 — with Pune leading the way. This unprecedented wave of approvals sets the tone for a high-energy festive season in Maharashtra’s real estate market.
The Maharashtra Real Estate Appellate Tribunal has ruled that RERA does not allow homebuyers to return a flat and seek refund after taking possession, holding that acceptance of possession closes the exit route under Section 18 of the Act.

📝 Stalled Since 2017, This Real Estate Project Gets MahaRERA Green Light After Legal Knot Unravelled

Stalled since 2017, Pune’s Marvel Basilo project has received MahaRERA’s go-ahead to resume construction and sales after key legal battles were settled. The order brings long-awaited clarity and relief to homebuyers caught in delays for nearly a decade.