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Mumbai: MahaRERA directs ace builder to pay interest to homebuyers for delayed possession

Mumbai: MahaRERA directs ace builder to pay interest to homebuyers for delayed possession Nirmal Lifestyle also ordered to pay additional Rs 20,000 as cost of complaints Mumbai: In a major relief to the homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed a builder to pay interest on amount received from them over the delayed possession of flats. In addition, it has ordered to pay additional Rs 20,000 each to complainants as cost of complaints. The matter is about seven hombuyers who purchased flats in Zircon Building at Mulund, a project by Nirmal Lifestyle Ltd. The homebuyers filed complaint in MahaRERA seeking interest on the amount they paid as a compensation for the delay in possession of the project under Section 18 of RERA Act. The complainants were represented by Godfrey Pimenta.

Shrey hospital fire: How was a residential building used as hospital, HC asks AMC

The Indian Express had reported on August 8 that Shrey Hospital ran as an unregulated health facility till 2016 though it was largely permitted for residential and commercial use. It started operations as a hospital in 1999, and illegal constructions were also made which were regulated only in 2016. The building’s original ownership was with Panchratna Apartments Owners’ Association, which was leased to Bharat Mahant and other proprietors of Shrey Hospital in 1999. Initially, the building’s ground and part of the first floor were permitted for commercial use specified for shops and offices and the remaining floors for residential use. Subsequently, additional illegal constructions were made which they sought to regularise for the first time in 2001.

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