Browsing Tag

RERA Section 18

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A homebuyer paid in full for a flat in Kanakia Hollywood, Versova, took possession in 2019, and now cannot sell it because BEST is refusing NOC. MahaRERA has outright rejected his complaint, leaving him to fight alone. A classic case of “buyer beware” in leasehold projects.

MahaRERA Orders Interest for Delayed Possession in Kalyan’s Vrundavan Project

MahaRERA directs Shree Vasturachana Developers to pay interest for delayed possession in Vrundavan project, Kalyan, as physical handover without OC ruled invalid. Buyer wins compensation under Section 18.
The Rais booked a flat in 2013, paid ₹79 lakh, and were promised possession by December 2017. What followed was a developer collapse, a project takeover, a majority consent exercise they never agreed to — and a regulator that told them to cooperate. The tribunal disagreed.

MahaRERA Told Homebuyers to Cooperate. Tribunal Tells Builder to Pay Up

The Rais booked a flat in 2013, paid ₹79 lakh, and were promised possession by December 2017. What followed was a developer collapse, a project takeover, a majority consent exercise they never agreed to — and a regulator that told them to cooperate. The tribunal disagreed.
MahaRERA Order

Builder Couldn’t Pay ₹2,000 Cost, MahaRERA Orders ₹25 Lakh+ Refund to Homebuyer

In a telling case, MahaRERA ordered SSK Realtors to refund over ₹25 lakh plus interest after the builder failed to pay even ₹2,000 cost imposed for setting aside an ex-parte order. The homebuyer had booked two flats in the delayed “Tulsi Darshan” project in 2015; the project remains incomplete even in 2026.
While a homebuyer battled in MahaRERA for his flat, the builder handed it over to someone else. The Authority has now ordered possession with OC and heavy interest from 2018.

“You Stayed in It — So Stop Complaining”: How MahaRERA Let a Builder Off the Hook After 35 Months of Illegal Delay

MahaRERA ruled a buyer who accepted fitout possession 49 days late — with no OC — forfeited 35 months of delay interest. A devastating precedent.
In a major win for homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed CCI Projects to pay delay interest at SBI MCLR + 2% to two allottees in the Rivali Park Winter Green project, setting aside the MahaRERA order that had rejected their compensation claim. The Tribunal ruled that unilateral extensions of possession dates by the promoter are invalid and that buyers do not waive their rights by continuing payments.

MahaRERA Order Overturned: Homebuyers Win Delay Interest from CCI Projects in Rivali Park’s Winter Green Project

In a major win for homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed CCI Projects to pay delay interest at SBI MCLR + 2% to two allottees in the Rivali Park Winter Green project, setting aside the MahaRERA order that had rejected their compensation claim. The Tribunal ruled that unilateral extensions of possession dates by the promoter are invalid and that buyers do not waive their rights by continuing payments.