Mumbai: Model builder-flat buyer agreement will bring in uniformity, say experts
Two-part draft put together by Devashish Bharuka contains mandatory clauses that cannot be altered by states or UTs
Source: mid-day.com
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Maharashtra govt should make MOFA even more stringent, says MahaRERA
MahaSeWA, Watchdog Foundation and Maha RERA Bar Association flay proposed dilution of Maharashtra Ownership of Flats Act
Ramesh Prabhu Godfrey Pimenta Bar Association Watchdog Foundation Maharera Bar Association Housing Federation
Source: mid-day.com
Mumbai: Accused of cheating flat buyers, builder Deepak Sakharam Kulkarni gets bail after 4 years
This is the first of over five cases registered against Kulkarni, who is the director of DSK group of companies, in which he has been granted bail.
Aashutosh Srivastava Ritesh Yeolekar Deepak Sakharam Kulkarni Himanti Kulkarni Maharashtra Ownership Flats Act
Source: freepressjournal.in
Mumbai: MahaRERA allows homebuyer to withdraw from project over false representation made by builder in brochures
The case was that of homebuyers Jignesh R Khemani and Gulab R Khemani, who booked a flat in a project named ‘Ruparel Skygreens I’, located at Borivli. The project was registered by the builder with MahaRERA.
Vijay Satbir Singh Ruparel Skygreens Navneet Rana Godfrey Pimenta Jigneshr Khemani Maharashtra Real Estate Regulatory Authority Maha
Source: freepressjournal.in
Mumbai: Homebuyer gets relief despite blank possession date in agreement
The developer had issued an allotment letter on October 8, 2012, and an agreement for sale was executed on June 28, 2013, in which possession delivery date was not mentioned by the developer and had remained blank. Shaikh, who filed the appeal, claimed that the developer had verbally promised to hand over possession of the flat on or before April 2014.
Andhra Pradesh Ishaque Qasimali Shaikh Kunal Maskar Justice Indira Jain Sumit Kapure Yashwant Jadhav
Source: freepressjournal.in
MahaRERA Asks Nirmal Lifestyle to Pay 9% Interest Since 2006 to Homebuyer for Delayed Possession
MahaRERA Asks Nirmal Lifestyle To Pay 9% Interest Since 2006 to Homebuyer for Delayed Possession Moneylife Digital Team 1 Maharashtra Real Estate Regulatory Authority (MahaRERA) recently passed an order directing a developer to pay interest since September 2006 (when the project ought to have been completed) on the total amount paid by a home-buyer for a flat in a high-rise at Kurla for failure to mention the date of possession in a 2003 agreement for sale. The developer, Nirmal Lifestyle...
Andhra Pradesh Atharva Dandekar Yojana Shinde Vaishali Mohite Supreme Court Maharashtra Real Estate Regulatory Authority Maha
Source: moneylife.in
Tribunal stays MahaRERA order on forfeiture clause
Tribunal stays MahaRERA order on forfeiture clause BySatish NandgaonkarSatish Nandgaonkar / Updated: Dec 12, 2020, 14:02 IST The masterplan of The Trees project in Vikhroli Appellate tribunal will delve into the legal question on whether MahaRERA can tinker with forfeiture clause under RERA provisions. Maharashtra Real Estate Appellate Tribunal (MREAT) has stayed a MahaRERA order of August 2020 asking Godrej Properties Ltd to refund Rs 39 lakh forfeited by the developer from a home buyer from ...
Source: indiatimes.com