Home buyers find order barring them from exiting project confusing, Real Estate News, ET RealEstate

MUMBAI: Home buyers find order barring them from exiting project confusing Home buyers like IT engineer Nikhil Sable, who initiated a recovery process to get their money when the developer failed to honour MahaRERA‚Äôs refund order for three years, are confused after the regulator allowed the same developer to continue with 51 per cent consent […]

MahaRERA directs Shapoorji Pallonji’s subsidiary to restart ‘US Open’ project, Real Estate News, ET RealEstate

File photo MUMBAI: An ambitiously-branded residential project, the US Open Apartments in Mulund West, is set to recommence after a long wait of ten years. The Maharashtra Real Estate Regulatory Authority (MahaRERA), in an interim order, has directed Ricardo Constructions Pvt ltd, a subsidiary of the Shapoorji Pallonji group, to transparently share information with nearly […]

Despite MahaRERA directions, Virar flat owners left in the lurch by developer, Real Estate News, ET RealEstate

File photo MUMBAI: A group of home buyers from Bhoomi Acropolis project in Virar West are complaining that despite accepting possession on MahaRERA directions in March 2019, more than a year later, developer Bhoomi Arcade Associates have not provided them basic amenities like proper electricity meters, potable water connections, and formation of their society. Acropolis […]

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