Maharashtra is reviewing whether to repeal the 1963 Maharashtra Ownership Flats Act (MOFA). Builders push for scrapping, citing RERA, while housing federations warn that repeal could harm flat owners and over 2 lakh apartment units. Expert input is being collected
27 November,2025 09:31 AM IST | Mumbai | Vinod Kumar Menon
The new directive — issued under the guidance of the Bombay High Court — introduces strict measures to ensure that homebuyers receive timely compensation for builder defaults. MAhaRERA experts rue the fact that non-compliance applications are not dealt with sternly
24 November,2025 07:46 AM IST | Mumbai | Vinod Kumar Menon
The SOP mandates that developers who fail to pay compensation despite multiple opportunities will have their cases referred to the principal civil court of the area. Such defaulting developers may face imprisonment for up to three months under the provisions of the Code of Civil Procedure
22 November,2025 06:58 PM IST | Mumbai | A Correspondent
Adhiraj Samyana and Capital City was launched as a luxury township with multiple 55-storey towers at Kharghar. Buyers were promised possession as early as 2017-18, but the construction has been stalled since 2019
30 October,2025 08:35 PM IST | Navi Mumbai | Amarjeet SinghADVERTISEMENT
