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MAHARERA has wide jurisdiction over all the projects

Dated on: Monday 13th May 2019

The jurisdiction of the MAHARERA Authority is not lost just because of the receipt of the Occupancy Certificate or on completion of the project or when the possession is offered. The RERA provisions are applicable to agreements executed even before its effectiveness and also the authority can adjudicate despite an arbitration clause in the agreement. The ruling came when MAHARERA ruled in the favour of the homebuyer directing the developer L&T Ltd. to pay Simple Interest at 10.75% on Rs.4.69 crore from October 1, 2017, for delayed possession.

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