LITIGATION UNDER RERA

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When a real estate project registered under Maha RERA becomes subject to litigation, it typically means that there are legal disputes or court cases concerning various aspects of the project. These disputes could involve issues like delays in project completion, quality of construction, possession delays, or financial matters between the builder and home-buyers.

Maha RERA provides a platform for resolving such disputes through its regulatory authority and adjudicating officers, aiming to ensure transparency and timely resolution for the benefit of all parties involved. Homebuyers and developers can approach MahaRERA to seek resolution and redressal of their grievances in a more streamlined and efficient manner compared to traditional legal proceedings. Here are some common situations where complaints might occur.

Delays in Delivery of Projects: 1.his is the most troubling problem for home-buyers since it causes them a lot of hassle. RERA has made it easy for purchasers to submit a complaint while making it difficult for builders to deviate from the project's delivery schedule.

No Delivery At All: There have been several incidents when the builder accepted the booking fee and other instalments but did not provide possession. There are also a number of lawsuits pending against builders in which the builders enticed purchasers with enticing promises and fraudulently received the money but did not even begin building.

Delivery Not As Promised: It is common practice in the real estate industry for builders to entice customers by making a slew of extravagant promises that they do not keep when it comes to handing over the keys. The buyer is forced to go from pillar to post in order to obtain delivery of their apartment, and when it is ultimately delivered, it lacks all of the amenities promised by the builder in the beginning, such as a clubhouse and a swimming pool.

Diverting Funds: Builders have long been accused of diverting and abusing monies earned from property bookings. There have also been several infamous examples when builders failed to deliver projects after collecting payments from consumers.

Non-Disclosure of Carpet Area: Another modification brought about by the RERA Act is the disclosure of carpet area to homebuyers by builders. Prior to the establishment of RERA, this was not a requirement for builders. Because of the Act, purchasers are more mindful of various factors, one of which is plainly carpet area. Builders may face significant difficulties if the exact carpet area is not disclosed.

LITIGATION UNDER RERA

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