Browsing Tag

Section 18 interest

4 posts
Homebuyer Gets Interest From 2020 Despite Builder Taking Over The Project in 2023

New Builder Must Pay Interest From 2020 Despite Taking Over the Project Only in 2023: MahaRERA

MahaRERA Rules New Promoter Liable for Delay Interest From 2020 Even After…
Shock For Homebuyers MahaRERA Cannot Force Builder to Give NOC

MahaRERA Says It Cannot Force Builders to Issue Flat NOCs to Homebuyers

MahaRERA Says Law Gives It No Power to Force Builders to Issue…
In a setback to the housing society, the Maharashtra State Co-operative Appellate Court has allowed renovation work for a nursing home to continue on the first floor of Mahatma Phule Bhavan CHS in Vashi, citing current UDCPR provisions that permit such facilities in residential zones. The main dispute remains pending.

Soft possession without OC is not lawful possession: MahaREAT rules in favour of homebuyer

In a major win for homebuyers, MahaREAT has ruled that “soft possession” without an Occupation Certificate does not count as lawful possession under RERA.
MahaRERA

“Because of Greed of Promoter to Construct More Floors”: RERA Tribunal Dismisses Marathon Nexzone Appeal, Upholds Interest to Buyers

Because of greed of promoter to construct more floors above the originally sanctioned 27 floors, the building could not be completed in time” — Maharashtra RERA Appellate Tribunal’s stinging remark