Sunday, November 17, 2024
HomeNewsTop NewsMahaRERA fines Mahimkar Builders for not registering project

MahaRERA fines Mahimkar Builders for not registering project

The order of MahaRERA member BD Kapadnis, dated October 29, also directed the developer – Mahimkar Builders and Developers Pvt Ltd – to remove an alleged illegal construction on the 8th floor and keep the refuge area vacant.

Maharashtra Real Estate Regulatory Authority (Maha-RERA) has imposed a fine of Rs 1 crore on a developer for violating provisions of the Real Estate (Regulation and Development) Act. It has also directed the builder to refund Rs 11.87 lakh for providing 63 sq ft lesser area than promised to the home buyers in a Byculla housing project.

The order of MahaRERA member BD Kapadnis, dated October 29, also directed the developer – Mahimkar Builders and Developers Pvt Ltd – to remove an alleged illegal construction on the 8th floor and keep the refuge area vacant. The order also asked the developer to refund 4 per cent excess GST amount taken from a home buyer, provide covered car parking, and form a co-operative society within one month.

The order came on a complaint by home buyers Dayaram Shetty and Harinakshi Shetty in January 2019. The complaint said that the developer had constructed ground plus seven floors and alleged that there was a duplex flat illegally constructed on the 8th floor due to which the builder had failed to get the occupancy certificate (OC) from the municipal corporation. Since OC is yet to be obtained, it is an ongoing real estate project which needs to be registered with MahaRERA.

RELATED ARTICLES

Most Popular

Hot News