PUNE: Citizens’ groups have called for the swift resolution of cases and the recruitment of additional adjudicating members to hear the backlog of cases at the earliest opportunity due to the over 6,000 complaints that are now pending with the Maharashtra Real Estate Regulation Authority (MahaRERA). This week, citizen groups issued a message to the […]
Pune residents demand that MahaRERA matters be resolved quickly.more
PUNE: According to a government resolution (GR) issued by the urban development department (UDD) on Thursday, all local planning authorities must display the commencement certificate (CC) and occupancy certificate (OC) granted for new and upcoming real estate projects on their websites and notify the Maharashtra Real Estate Regulatory Authority (MahaRERA) regarding the sanctions. It also […]
Real estate papers must now be displayed on the websites of Maharashtra’s local bodies.more PUNE: The MahaRERA will approach the state’s urban development department (UDD) to establish a dedicated portal for all commencement and occupation certificate approvals. There is currently no portal that displays such permissions. One of the mandatory requirements for registering a project under the Act is that the promoter submits an application for a commencement certificate. […]
MahaRERA will approach UDD for a portal that displays approvals.more
PUNE: The state’s revenue officials have cited difficulties in enforcing Maharashtra Real Estate Regulatory Authority (MahaRERA) recovery warrant orders, with developer properties to be auctioned either on lien or rent or already mortgaged to financial institutions. Authorities are working hard to ensure that nearly 751 recovery warrant orders are carried out and that homebuyers receive […]
Revenue officials cite obstacles to carrying out MahaRERA orders.more
The Real Estate (Regulation and Development) Act currently has 37,823 projects registered in the state. According to a Maharashtra Real Estate Regulatory Authority (MahaRERA) official, applications for 1,096 projects are being finalized. PUNE: For the benefit of consumers, builders who register their projects with MahaRERA will now face stricter scrutiny. The state currently has 37,823 […]
MahaRERA increases the number of checks required to register projects.more
The Maharashtra Real Estate Regulatory Authority (MahaRERA) may enable you to withdraw from a project if the developer has already delayed possession and you wish to leave. In a dispute between a flat buyer, Surajkumar Rajendra Rai, and Ekta Housing over the delayed Virar project Brooklyn Park Phase IV, MahaRERA chairperson Ajoy Mehta has ordered […]
MahaRERA asks Ekta Housing to repay the buyer after the project is completedmore
On August 6, the Maharashtra Real Estate Regulatory Authority granted builders a six-month extension to complete projects by approving their request to invoke the ‘force majeure’ clause due to the second wave. This is the second time the authority has provided such a relief to the state’s builders during the pandemic. “All MahaRERA registered projects […]
MahaRERA offers builders a six-month extension to complete projects.more Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed the developer’s argument that, since home buyers continued to pay even after the promised date of occupancy had passed, they had “acquiesced” and agreed to the delay in possession. In three separate orders, MahaRERA’s Bhalchandra Kapadnis has advised developer CCI Projects Ltd, to pay interest on deferred possession […]
CCI Projects Ltd will have to pay interest on late possession says MahaRERA.more
The coronavirus disease has had a crippling impact on the real estate sector with approximately 65% flat buyers defaulting on installments since last week, said Credai -MCHI, the apex body comprising more than 1,400 builders in the Mumbai metropolitan region (MMR). Worse, there are also reports of the closing down of malls that retail stores will […]
Credai –MCHI reports about 65% of home buyers defaulting on installments.more
Maharashtra Real Estate Regulatory Authority (MahaRERA) lawyers decided to provide home buyers with free legal consultancy and support in court from February 1. The Bar Association-run Legal Aid Cell advocates will serve those in need of help in the logjam between builders and homebuyers. The members have held several seminars to raise awareness about the […]
Lawyers will provide legal assistance to the distressed homebuyers for free.more