In a relief to homeowners in Malad East, the Debts Recovery Appellate Tribunal has stayed Khush Housing Finance’s attempt to take possession of three properties at Atharva Landmark CHS, citing procedural lapses under the SARFAESI Act

A ruling by the Maharashtra Real Estate Appellate Tribunal has spotlighted the vulnerabilities faced by homebuyers in redevelopment projects, especially when developers default. In a case from Mumbai, the tribunal allowed a housing society to appoint a new promoter but left buyers to seek remedies from the original developer