Bombay High CourtM/S. Dosti Corportion vs Sea Flama Co-Operative Housing … on 7 April, 2016Bench: R.D. Dhanuka 1. MOFA not Repealed by RERA2. Even if land is not conveyed to Housing Society, the Addl. FSI would belong to the Housing Society. 88. It is held that the additional FSI cannot be claimed by the Developer…
Consumer Protection Act 2019 The new Consumer Protection Act 2019 has been notified and will take effect from 20 July 2020. The old Act will stand repealed. However, pending cases will not be effected. The new Act, Rules and other Govt. notifications are available at he following site: https://consumeraffairs.nic.in/acts-and-rules/consumer-protection
NO AGREEMENT FOR SALE, NO REFUND, RULES MAHARERA Brief Facts A group of 15 persons who had booked flats in JVPD Properties Pvt. Ltd. (commonly known as Bhagtani group) Serenity project in Powai filed a complaint with the MahaRERA, Mumbai claiming refund of the amounts paid by them to the builder together with…
MOFA – No conveyance for 21 years – Director of Satellite Developers sentenced to two years jail Builders violate the provisions of the Maharashtra Ownership of Flats Act (MOFA) with impunity. But MOFA contains harsh punishments which aggrieved purchasers of flats do not resort to for fear of retaliation or ignorance or both. The…
Maharashtra Real Estate Regulatory Authority (Maha RERA) RERA has effectively started functioning in Maharashtra. Maharashtra Government had established Maha RERA on March 8, 2017 for regulation and promotion of real estate sector in the state, with its headquarters in Mumbai. The RERA act, lays rules and regulation for the real estate sector. It is…
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