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HOMEBUYER RIGHTS MAHARASHTRA
Homebuyer booked flat for Rs 18 lakh in 2010, later finds builder sold the flats to third party: Mumbai man wins full refund with interest, penalty on developerHomebuyer wins full Rs 18 lakh refund in Mumbai: While the developer issued an allotment letter dated August 16, 2010, it failed to provide...- Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
- Man booked 11 shops for Rs 25 lakh in Mumbai in 1995 but didn't get possession even after 30 years; he fights back and wins full refund with 12% interestOver 30 years ago in 1995, Amish Anantrai Modi had booked some shops in a project for a total consideration of Rs 25 lakh. In his complaint...
- RBI holds repo rate, but for how long will relief for home loan borrowers continue?The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...
- Builder denied proper parking? Know your rights under RERA & key court rulingsHomebuyers facing parking disputes with builders now have legal recourse. Judicial precedents and RERA guidelines offer clarity on issues l...
- Homebuyer to get Rs 1.28 crore refund with interest as MahaRERA raps builder for prolonged delay in getting OCA homebuyer will receive a Rs 1.28 crore refund with interest from a builder. MahaRERA ordered the payment after the project failed to get ...
- SC ropes in ex-IB chief Rajiv Jain to examine Supertech insolvency case amid fund diversion allegationsThe Supreme Court is seeking assistance from Rajiv Jain to investigate Supertech Realtors' insolvency, following allegations of fund siphon...
- RERA: Son fights against builder for property possession delay; wins Rs 37 lakh interest compensation in NCDRCRERA: A father from Panvel, Navi Mumbai purchased a flat for his family legacy however the developer despite taking about 97% of the money ...
- RERA: Real estate agent's fee included MahaRERA's model property sale agreement; How will it impact home buyers and sellersMahaRERA: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced clause 15A in the model agreement for sale. This claus...
- MahaRERA to set framework for quality assurance of real estate projectsThe Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to introduce a comprehensive framework for quality assurance in real est...
- MahaRERA plans mechanism to monitor housing projects’ qualityThe Maharashtra Real Estate Regulatory Authority (MahaRERA) is planning to implement rules to monitor the quality of housing projects in or...
- Maharashtra RERA to start grading of real estate projects, promotersMahaRERA, the Maharashtra Real Estate Regulatory Authority, aims to grade real estate projects based on a set criterion to help homebuyers ...
- Homebuyers seek compensation from MahaRERA over developers’ non-complianceIn January, MahaRERA had issued show cause notices to 19,500 projects that had not updated the mandatory project information as per Section...
- Over 1 lakh homebuyers’ disputes resolved under RERA in 5 years, reportAcross these states and union territories nearly 1 lakh projects and 71,514 agents have been registered to date under the authorities set u...
- Homebuyers’ body urges Housing Ministry to act against realty projects’ timelines extensionIt has urged the ministry to direct these states to withdraw their notifications granting such extensions provided to developers arbitraril...
- Rights of investors as homebuyers valid: Maharashtra RERAIn a landmark ruling, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has refused to differentiate between an investor in a hou...
- Maharashtra realtors told to reveal credit claims while striking dealsAs per the rules, developers are not allowed to transfer their majority stakes in projects without obtaining prior consent of two-thirds of...
- Maharashtra homebuyers reach out to Fadnavis, want to revoke diluted RERA rulesThe group, 'Fight for RERA' has sought CM Fadnavis' intervention to revoke the Maharashtra Real Estate Rules and notify new ones.
- Pressure group wants March 10 as Homebuyer’s DayIn a letter to Union minister for housing M Venkaiah Naidu on February 27, the homebuyers’ group has asked the minister to announce awards ...
- SC interim order on VAT on sale of properties a relief for developers and buyersThe interim decision taken by the Supreme Court on Value Added Tax (VAT) on sale of properties provides breathing space for developers and ...
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