Representative imageMUMBAI: In a recent order, the MahaRERA has granted relief to over 70 homebuyers who had booked flats in the Ruparel Skygreens project in Borivli. The promoter had failed to deliver possession to the allottees — including those who had booked the flats under the subvention schem, and the...
Representative image PUNE: Homebuyers have raised serious concerns over the significant delays in second MahaRERA hearings, with duration in some cases stretching beyond a year, raising questions on the authority's efficacy in delivering timely justice to the aggrieved parties.The aggrieved homebuyers had raised...
NEW DELHI: Homebuyers' association FPCE has questioned Maharashtra real estate regulator MahaRERA's decision to constitute and be part of a conciliation forum to settle dispute between builders and customers, saying the law does not give such power and the move can lead to possible conflict of interest.Forum for...
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it mandatory for realty developers to present a quality assurance certificate to the regulator at the end of every financial year and publish it on their respective websites.This certificate will be based on various factors that determine the...
MUMBAI: MahaRERA has issued an order making it mandatory for developers to specify the proposed date of delivery of all facilities and amenities and mention it in annexure-1 to the agreement for sale. It is now also mandatory to provide phase-wise information of the facilities and amenities.The developer will have...
Representative ImageMUMBAI: Former Maharashtra chief secretary Manoj Saunik has been appointed as the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA), the government said on Tuesday. Saunik will be able to take the charge only after incumbent MahaRERA chairman Ajoy Mehta retires from the...
Representative ImageDespite the Maharashtra Real Estate Regulatory Authority’s directive to realty developers to set up a complaint redressal cell for their respective projects, only 195 projects across the state have complied and established the grievance redressal cell.The regulator has undertaken a review of...
Representative ImageThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has kept the registration of 1,750 lapsed housing projects across the state in abeyance and has initiated measures to take similar action on additional 1,137 projects.Of these 1,750 projects, the Mumbai Metropolitan Region has the...