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Godrej Properties: A homebuyer booked a flat with Godrej Properties near Mumbai in 2019 by paying Rs 5 lakh as earnest money. Due to personal reasons he cancelled the booking and as a result the property developer forfeited the entire earnest money of Rs 5 lakh. Maharashtra RERA tribunal deems this action as 'not legal'.
Earlier, the deadline to sign and complete the revised locker agreements was December 31, 2022. But on January 23, 2023, the central bank extended the deadline, saying they noticed that many customers still haven't signed the new agreement.
The RBI had asked banks to assist their clients in the execution of fresh/supplementary stamped agreements with their customers by taking measures
RBI has asked banks to facilitate execution of the fresh/supplementary stamped agreements with their customers, by taking measures such as arranging stamp papers, franking, electronic execution of agreement, e-stamping, etc. and provide a copy to the customer.
