MOFA – No time specified for handing over possession of the Flat to purchaser in Sale Deed as required under Section 4 of Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963
I have come across several cases where Builders take money from purchasers of flats, even execute the mandatory sale agreement, but do not specify any time frame for handing over possession of the flat.
In the following case, by its order dated 7 November 2017, the National Consumer Commission has held 30 months as a reasonable period (Para 10 of the order)
NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION
NEW DELHI
CONSUMER CASE NO. 1394 OF 2015
VIKRAM JAIN & ANR. IRANI BUILDING, 128 BAZAR ROAD, 1ST FLOOR, BANDRA(W) MUMBAI-400050 ………..Complainant(s)
This is a very important decision and is available on line.
