You Searched for: compensation
BMC to Follow Fair Compensation Procedure for Borivali Church Land - HC

The BMC must follow the Right to Fair Compensation and site Acquisition Act, 2013 to purchase part of a church-owned site in Borivali for a public park, according to the Bombay High Court. The BMC cannot seize the church until the process is followed.

By Admin

  • 27th Jun 2024
  • 1252 Views
Mumbai Developer Ordered to Compensate Homebuyer with INR 8,50,000

With a landmark verdict, a Mumbai consumer commission ordered a development company to pay purchaser Neela Pawar with INR 8.5 lakh and return INR 7.5 lakh for failing to get licences for a Kandivli redevelopment project. This ruling shows the consequences of unlicensed redevelopment.

By Admin

  • 31st Mar 2024
  • 1342 Views
Record-Breaking INR 410 Crore Recovery - MahaRERA Champions Homebuyers Rights Against Defaulting Realtors

MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank

By Admin

  • 27th Dec 2023
  • 1300 Views
MahaRERA - Developer Properties in Navi Mumbai to be Auctioned for Recovery

MahaRERA has issued recovery orders for approximately Rs 15 crore in Raigad district. Recovery orders are issued when promoters fail to pay MahaRERA interest, refund, or compensation.

By Admin

  • 20th Jan 2023
  • 1555 Views
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