MUMBAI: The Maharashtra Real Estate Appellate Tribunal (MREAT) has overruled a previous order by MahaRERA, which had extended the possession date for a Navi Mumbai project. In its revised ruling, MREAT emphasised that such unilateral extensions without the homebuyers' consent are unlawful.The case involves homebuyers...
MUMBAI: The Maharashtra Real Estate Appellate Tribunal (MREAT), in a recent order, rejected miscellaneous applications seeking condonation of delay in filing appeals challenging a July 2024 order against Agile Real Estate (AREPL). MahaRERA had, in an order on Jul 29, 2024, directed AREPL to pay interest to home...
MUMBAI: The Maharashtra Real Estate Appellate Tribunal (MREAT) set aside a Maharashtra Real Estate Regulatory Authority (MahaRERA) order, passed in July 2022, where MahaRERA asked 36 complainants, who were allottees in a Borivli project, to take the recourse of arbitration as it was a clause in the sale...
Represwntative image MUMBAI: In a recent judgment, the Maharashtra Real Estate Appellate Tribunal (MREAT) directed Cidco to register itself as a promoter (Town Development) before MahaRERA within 30 days for its ongoing schemes, akin to a scheme from 2017-18, for the disposal of plots. It further directed Cidco to...
Representative image MUMBAI: Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside a MahaRERA order and directed the promoter of a Jogeshwari (East) project to refund Rs 13.5 lakh paid for booking a flat in 2019—along with interest at the rate of 2%– to the allottees. The developer had forfeited the...