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MahaRera: “During the course of the audit, the auditors had multiple follow-up visits, sent emails and held multiple rounds of discussion, requesting the data required for audit, but the information was not provided for review,” said a senior official.
There is a spike in applications for registrations of projects during the festive season, according to the real estate regulator.
A homebuyer found that a project developed by listed developer Puravankara Ltd was under litigation only after paying a booking amount of Rs 5 lakh. He sought a refund and received it after a delay
In a recent case, the Maharashtra regulator allowed the developer to cancel the allotment to the homebuyer with riders
Developers are obliged to provide a parking lot of the dimensions promised in the agreement of sale for the property. Homebuyers can seek redressal from MahaRERA in case this condition has not been met.