Browsing Tag

RERA compliance

9 posts
MahaRERA

🚨 MahaRERA Cracks Down on 8,212 Projects for Non-Compliance, Threatens Cancellation & Bank Freezes

MahaRERA cracks down on 8,212 housing projects for failing to update QPRs, warning of cancellations, penalties, and bank freezes in a major regulatory push.
In a fresh instance of MREAT overturning a MahaRERA order, the Tribunal ruled that buyers cannot be made to wait 19 years while the builder uses their money, directing full refund with interest from the original 2006-07 payment dates.

MahaRERA Rejects Builder’s Deregistration Bid Over Massive Booking Discrepancies

MahaRERA has rejected Guardian Landmarks LLP’s bid to deregister Guardian Wind Shire Phase 1, citing wildly inconsistent booking numbers (83 vs 80 vs 34 remaining) and zero mandatory sold/unsold filings. Promoter fined ₹20,000 and ordered to fix records.
Should capital gains on a flat be calculated from the allotment letter date or registration date? ITAT Mumbai says allotment letter date prevails, giving major relief to homebuyers in a key order.

MahaRERA’s Landmark Decisions in 2025 Strengthen Homebuyer Protection and Industry Accountability

In 2025, MahaRERA delivered a series of landmark reforms—disposing of a record 6,945 complaints, integrating all planning authorities, tightening compliance norms, and strengthening enforcement—marking a decisive shift toward faster justice, transparency, and stronger protection for homebuyers across Maharashtra.
In a landmark relief for homebuyers, the Ministry of Housing and Urban Affairs has enforced the amendment to RERA Section 68 effective 7 May 2026. The provision for up to one year’s imprisonment has been completely removed and replaced with a civil penalty of up to 10% of the property cost. The change is part of the Jan Vishwas (Amendment of Provisions) Act, 2026.

Do You Know Homebuyers Can Face Jail Too for Disobeying MahaRERA Tribunal Orders?

RERA is not just about punishing builders. Under MahaRERA, even homebuyers can face penalties—and jail—for ignoring Tribunal orders. Here’s what the law actually says.
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.