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Puzzle parking part of common areas in housing project: MahaRera | Mumbai News

p MahaRera logo used for representational purpose. (Picture credit: Official website of MahaRera) br /p MUMBAI: In a relief for flat buyers, Maharashtra Real Estate Regulatory Authority (MahaRera) has declared that puzzle parking is part of the common areas in a housing project. The order was passed on a complaint by Devarajan Swaminathan, a resident of Lodha Casa Royale at Balkum, Thane (West). The project comprises three towers of 432 flats with basement, stilt, open and puzzle parking. Puzzle parking is an automated system featuring combination pallets that enable horizontal and vertical movement of parking spots, just like a puzzle, to park and retrieve vehicles.

real estate: Mumbai: Builder told to pay 9% interest since 2006 for delayed flat | Mumbai News

Nirmal Lifestyle Blu Diamond One Edition in Kurla, the delayed project MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRera) recently directed a builder to pay interest for the past 14 years on the amount paid by a buyer for a flat in a high-rise in Kurla for failure to mention the date of possession in a 2003 agreement for sale. The builder, Nirmal Lifestyle Ltd, has to pay simple interest at 9% per annum since September 2006, when the project ought to have been completed, said MahaRera in its order on December 17. The interest has to be paid on the about Rs 28 lakh that was paid, and till the handing over of possession, directed MahaRera. The builder said the flat would be completed by December this year and MahaRera directed that possession should be given by then and no later than that.

Who ll be next MahaRERA chief?

Who’ll be next MahaRERA chief? ByYogesh NaikYogesh Naik / Updated: Dec 20, 2020, 06:00 IST With the post of Maharashtra Real Estate Regulatory Authority ( MahaRERA) chief falling vacant in February, two senior IAS officers - Chief Secretary Sanjay Kumar and MMRDA Commissioner RA Rajeev are in the race. Maharashtra was the first state to set up a real estate regulatory authority and had appointed 1982 batch IAS officer Gautam Chatterjee as the first head. Kumar, an IAS officer of the 1984 batch, is retiring in February 2021 and is said to be trying for the RERA chief’s post which has a term of five years.

Refund Rs 1 cr with interest over late possession: Rera tribunal directs builder, says cannot change date of possession unilaterally

Refund Rs 1 cr with interest over late possession: Rera tribunal directs builder, says cannot change date of possession unilaterally
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