5 Reasons Homebuyers Are Concerned About Delays in MahaRERA Hearings

user Admin
  • 15th Sep 2024
  • 1175
  • 0
5 Reasons Homebuyers Are Concerned About Delays in MahaRERA Hearings
Never miss any update
Join our WhatsApp Channel

Homebuyers in Maharashtra are voicing their frustration over the growing delays in MahaRERA hearings, with some cases pending for years. These delays are undermining the very purpose of the Real Estate (Regulation and Development) Act, 2016, which was designed to provide swift justice in real estate disputes.

Here are 5 key reasons why homebuyers are concerned:

1. Prolonged Waits for Second Hearings

Homebuyers have raised concerns about the significant delays in second MahaRERA hearings, with some cases dragging on for over a year. These delays have led many to question the effectiveness of MahaRERA in delivering timely justice.

2. Delays Undermine RERA’s Purpose

The Real Estate (Regulation and Development) Act, 2016, was introduced to ensure the quick resolution of real estate disputes. However, homebuyers feel that the current delays undermine the spirit of the Act. They pointed out that waiting over a year and a half for a second hearing defies RERA's purpose.

3. Lack of Immediate Hearing Dates

In many cases, second hearings are delayed for 2-3 years under adjudicating members. Several writ petitions have been filed in the high court to address this anomaly, as many complaints are adjourned indefinitely due to a lack of timely hearing dates.

4. Ineffective Verdicts

Some complainants have experienced long delays, only to receive verdicts that have no tangible effect on the builder. For example, a homebuyer from Satara shared that it took two years to get a verdict that lacked any compensation or impact on the builder’s actions.

5. Failure to Meet RERA’s 60-Day Mandate

Under RERA, complaints are supposed to be resolved within 60 days of being filed. However, homebuyers claim that cases are now stretching to three years or more. This failure to adhere to the mandate has caused frustration among buyers, who feel that the appointment of more members could have prevented this backlog.


Related Topics / Tags

Admin

Author

Admin

...


Comments

Add Comment

No comments yet.

Add Your Comment

Relevant Blogs

Legal
Can Insolvency Code Reforms Transform Real Estate Resolutions for Homebuyers?

The proposed reforms to the Insolvency and Bankruptcy Code (IBC) by the Insolvency and Bankruptcy Board of India (IBBI) aim to tackle long-standing ch

Legal
5 Reasons Property Owners Must Stay Compliant with Capital Gains Tax in Builder Deals

1. Joint Development Agreements (JDAs) Under the Tax Lens The Income Tax (I-T) department is closely scrutinizing landowners who entered into Joint D

Legal
Bombay HC Orders Municipalities to Integrate Websites with MahaRERA for Real-Time Certificate Verification

The Bombay High Court has instructed all municipal corporations, councils, and urban local authorities in Maharashtra to integrate their websites with