In an important judgment, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered a builder to pay interest to homebuyers for the delayed possession of their flat, despite the builder obtaining the occupancy certificate (OC) within the stipulated time period mentioned in the agreement for sale. Background The case (Complaint No. CC005000000106834) was filed by
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.