MahaRERA denies relief to buyers stuck in stalled Santacruz project

The complainants said the construction of the Avenue 54 project by Sumer Radius Realty Private Ltd in Santacruz is incomplete and it is far from completion even on December 30, 2024

When four home buyers of a stalled ultra-luxury project in Santacruz approached MahaRERA to exit the project and sought a full refund from the developers, who failed to execute an agreement for sale, despite being paid 75% of the total flat consideration, the authority denied them relief on grounds of lack of documents proving possession date specified by the developer

https://www.hindustantimes.com/cities/mumbai-news/maharera-denies-relief-to-buyers-stuck-in-stalled-santacruz-project-101674414614195.html

Source: Hindustan Times

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