organization · 2 records
Maharashtra Real Estate Appellate Tribunal
MahaREAT Rules Against Builder Over Unfair Flat Cancellation Deductions
The Maharashtra Real Estate Appellate Tribunal ruled that a builder cannot enforce one-sided cancellation clauses in allotment letters that override statutory refund rights.
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Tribunal directs Mumbai developer to pay 2% penalty, execute conveyance
The Maharashtra Real Estate Appellate Tribunal has ordered the developers of RA Residences in Mumbai to pay a penalty and fulfill conveyance obligations to the resident society.
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