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Homebuyer eligible for interest on delay in possession: MahaRERA - Re-mumbai

Re-mumbai

Homebuyer eligible for interest on delay in possession: MahaRERA


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Godfrey Pimenta, the homebuyer’s advocate told The Free Press Journal that MahaRERA in its December 2019 order had denied the homebuyer to claim interest on delayed possession of the flat as the agreement of sale was              not registered.

In a landmark judgment passed by Maharashtra Real Estate Appellate Tribunal (MahaRERA), it accepted the contention that the homebuyer is eligible for interest on delay in possession of booked flat even if the agreement of sale is not registered.

https://www.freepressjournal.in/mumbai/homebuyer-eligible-for-interest-on-delay-in-possession-maharera

Source – Free Press Journal 

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