Representative image MUMBAI: The MahaRERA has received applications for deregistration of another 19 projects, including a Lokhandwala project at Worli Naka and a Dombivli project of Lodha, across the state. So far, the MahaRERA had received applications for deregistration for about 400 projects. The promoters seek...
File photo MUMBAI: Bombay High Court on Tuesday directed all municipal corporations, councils and urban local authorities to link their websites with Maharashtra Real Estate Regulatory Authority's (MahaRERA) portal within three months. "This integration would enable RERA to conduct real-time verification of...
Representative image PUNE: MahaRERA has put the grading of registered real estate projects in the state on hold as the Real Estate Regulatory Act, 2016, does not authorise regulators to grade projects.The Maharashtra Real Estate Regulatory Authority (MahaRERA) had planned to start the grading system based on four...
Representative image MUMBAI: The MahaRERA issued an order mandating the inclusion of a clause in the model form of agreement for sale, where the transaction is facilitated by a registered real estate agent, the agreement must document the commission, brokerage, charges, etc, which the promoter or allottee has...
Representative image The Conciliation Forums set up by the Maharashtra Real Estate Regulatory Authority (MahaRERA) has resolved over 1,749 matters between homebuyers and real estate developers across the state.With this, of the 5,958 complaints filed with MahaRERA, around 32% have been resolved through these 52...
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...
MUMBAI: A recent Maharashtra Maharashtra Real Estate Appellate Tribunal (MREAT) judgment set aside a MahaRERA order and directed the ITMC developers, promoters of the Sai Sapphire project at Vikhroli, to pay interest on an amount of about Rs 94 lakh, paid by the home buyers towards part consideration of a flat. The...
Representative image PUNE: Maharashtra Real Estate Regulatory Authority (MahaRERA) has switched temporarily to its old Information Technology (Maha IT) website due to technical challenges faced by users on the newly launched MahaCRITI platform.The decision is aimed at avoiding inconvenience to homebuyers and other...
Representative image The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cautioned homebuyers against buying any properties in a total 314 projects registered with the authority that are undergoing proceedings at the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) of...
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...