Browsing Tag

Stalled Real Estate Projects

2 posts
MahaRERA Appellate Tribunal rules that settlement on possession & payment does not waive homebuyer’s right to RERA delay interest unless explicitly recorded.

MahaRERA Tribunal Bound to Hear Prayer to Change Developer in Stalled Projects: Bombay HC

Bombay HC allows homebuyers to seek Tribunal-appointed developer for completing Kandivali project at builder’s cost. Tribunal cannot refuse to hear such prayers citing absence of other allottees or Sec 7 RERA route.
Maharashtra simplifies 37A approvals, speeding up redevelopment and property deals on leasehold land, offering relief to homebuyers.

Your Stalled Dream Home Could Finally Be Yours: New IBBI Report Offers Lifeline to Lakhs of Trapped Homebuyers

Homebuyers trapped in over 553 stalled projects affecting 1.08 lakh families finally have real hope. The new IBBI report, submitted last week on Supreme Court orders, promises project-wise resolution, ring-fenced funds, and a completion-first approach instead of liquidation. Here’s exactly how it could change your wait for possession forever.