Maharashtra: Take action against developers who delay possession, HC to government - News Summed Up

Maharashtra: Take action against developers who delay possession, HC to government


The circular further reads that most of the developers do not give possession of the flat on time to buyers. "The police should refer to the Maharashtra Ownership Flat Act (MOFA) 1963 and the Maharashtra Regional and Town Planning (MRTP) ACT 1966. Before giving possession of the flat, the OC of the building has to be obtained by the developers. "If the market goes down, then the customer suffers badly and developers delay the project citing a funds crunch. The Maharashtra government's home department has directed all its police stations to register cheating cases promptly against errant developers who are delaying handing over possession of apartments to buyers.


Source: dna July 03, 2016 23:51 UTC



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