
MahaRERA stops hearing home buyer complaints in NCLT cases
Dated on: Friday 4th April 2025MahaRERA has stopped hearing home buyer complaints related to real estate projects undergoing insolvency proceedings at the NCLT. This move affects 340 projects in Maharashtra, leaving buyers without a platform to address grievances. Legal experts argue that MahaRERA should continue offering relief despite NCLT involvement. Home buyers now face indefinite adjournments and limited recovery through insolvency resolution professionals. The decision has sparked concerns over the lack of protection for buyers amid financial distress of developers, as they struggle to secure refunds or possession of their homes.
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