Delay Excused: Developer’s Appeal Against MahaRERA to Proceed

In a significant ruling for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaREAT) has allowed a developer’s delayed appeal to proceed. The developer, Runwal Developers Pvt. Ltd., successfully argued that a long delay in challenging a MahaRERA order was due to their “bonafide” pursuit of a review application. While the court recognized the delay , it concluded there was no negligence or intentional prolonging of the matter. The appeal was allowed on the condition that the developer pays a cost of ₹10,000 to the homebuyers.

Sandeep Runwal takes charge as the new NAREDCO Maharashtra President

Sandeep Runwal, Managing Director of Runwal Group, took over as a President…

Stamp Duty Paid for Napean Sea Flat is Rs 3 Crore, Imagine its Cost

A flat in Napean Sea road was sold recently, the stamp duty…