Under Section 40 (1) of the RERA Act 2016, the authority can issue recovery warrants against developer who failed to comply with its order to refund home buyers.
The RERA authority of Maharashtra ordered a builder to refund an amount of Rs. 1.8 Crore to a homebuyer because after the passage of two years the builder failed to register agreement to sale and had already charged 30% of the price.
While dismissing the complaint the authority observed that both the Section i.e. 12 and 18 operate at two separate times of the transaction.
Maha-RERA issued a revenue recovery warrant and sent it to the Thane collector. And was forward to the Tehsildar of the area for property sealing and auctioning to recover the money.
The Maha-RERA has dismissed the complaints filed by the homebuyer multiple times with respect same issue.
Goa has written to the MahaRERA Authority with the proposal to its appellate tribunal to hear appeal cases on behalf of Goa RERA.
MahaRERA which completed a year on May 1 this year is the most progressive authority in India. The authority beyond giving remarkable orders is also trying its best to play the role of regulator.
The Maha RERA authority has ordered builder cannot take the defense of force majeure clause for financial crisis and lack of approvals in any project.
The newly formulated UPRERA bench at greater Noida will become functional from 4th September and already has 4000 complaints filed with them for adjudication. The four members of the authority will look at the Maharashtra RERA authority for example in order to ensure speedy resolution of complaints. Maharashtra RERA authority ranks first in the country … Continue reading “UPRERA to take clues from MahaRERA model in order to ensure speedy resolution”
Maharashtra RERA Authority has brought a sigh of relief for the homebuyers of PADMANABH which was being promoted and developed by the Darode Jog.