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  Metros   Mumbai  05 Aug 2018  ‘Developers seek to delay execution’

‘Developers seek to delay execution’

THE ASIAN AGE.
Published : Aug 5, 2018, 2:14 am IST
Updated : Aug 5, 2018, 2:14 am IST

The developers get a time period of 60 days to file an appeal challenging the MahaRERA order, post that the case will be heard at the tribunal.

Picture used for representational purpose only
 Picture used for representational purpose only

Mumbai: The developers get a time period of 60 days to file an appeal challenging the MahaRERA order, post that the case will be heard at the tribunal. According to homebuyers, the developers are taking advantage of the RERA act to purposely delay the execution of MahaRERA order, by filing an appeal.

In case of Allaudin Shaikh v/s Skyline Construction, the regulatory authority had passed the judgment, ordering the developer to refund the amount paid by Mr Shaikh with 10.5 per cent interest rate under section 18 of the RERA act. In addition to this, Rs 1,00,000 was also directed to be paid, since developer not only failed to give possession but also changed the promised view from the flat. The case is related to Goregaon based project RNA corp, wherein the developer was denied permission to construct till 39 floors and had to bring down the structure to five floors.

 

“We had purchased an apartment on the 39th floor which will never be constructed, but yet he has gone for an appeal.  I had paid 70-80 per cent of amount and he is entitled to give me interest as per the judgment,” said Mr Shaikh.

Tags: rera act, maharera