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In cases where the developer has not transferred ownership of the land and buildings to the housing society, the government is considering issuing deemed conveyance.
54 home buyers have complained to police saying that the developer took money from them in 2010-11 in the name of selling flats in a Mulund (West) project, but till date have not handed over the flats.
The commission has set the refund amount at ₹9.76 lakh, including 18% interest
EOW's housing fraud unit–2 on Thursday arrested Dharmesh Jain, 55, and Rajiv Jain, 50, directors of Nirmal Lifestyle Ltd, for allegedly duping 34 flat buyers to the tune of Rs 11 crore.
Cutting trees is a punishable offence under the Maharashtra (Urban Areas) Protection and Prevention of Trees Act, 1975.