RERA Act

After taking possession, can homebuyers claim compensation for delayed projects?

According to MahaRERA, a complaint regarding delayed handover by the developer can trigger Section 18 of the RERA Act (compensation) only if the delay persists at the time of filing the complaint. In an order, the Maharashtra Real Estate Regulatory Authority stated that homebuyers cannot seek compensation or interest for delayed possession under Section 18 of the RERA Act once they've taken possession of...

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