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Mumbai: Possession date in RERA portal enough to collar builders

MahaRERA expressed dissatisfaction as the respondent, despite registering project under authority, chose not to engage in a Sale Agreement with the complainants

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The under-construction project by Sahajanand Developers at  SV Road, Goregaon West

The under-construction project by Sahajanand Developers at SV Road, Goregaon West

MahaRERA has decided to consider a developer’s possession date stated on the MahaRERA portal, especially in cases where possession date is absent in the allotment letter. This has given hope to flat buyers who only have allotment letters and no formal sale agreements.

According to the complaint filed before MahaRERA, allottees booked flats in an upcoming project by M/s Sahajanand Developers at SV Road, Goregaon, and found themselves in a predicament holding pre–MahaRERA allotment letters (pre-June 2017). These allotment letters did not specify possession dates, and each time allottees requested a registered agreement, the developer allegedly demanded additional payments. As of now, the building remains unfinished, and flat agreements have not been executed.

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