Showing posts with label flat buyer. Show all posts
Showing posts with label flat buyer. Show all posts

Consumer Forum directed a builder to pay Rs. 11.50 Lakhs for failure to provide OC.

The Mumbai Consumer Disputes Redressal Forum recently held the builders guilty for deficiency in services and ordered them to pay to a Housing Society at Borivali an amount of more than Rs. 11.50 Lakhs for failure to fulfil the Statutory and contractual obligations. In this matter the Consumer Court have also considered compensation of a sum of more than Rs 2 Lakhs towards Legal and other expenses for causing a deficiency of services.

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To have Clean and Clear Property Title ensure that the documentation is done in a proper manner

In cities like Mumbai, Thane, Navi-Mumbai, Pune etc., where the property prices have Sky rocketed, it is very important that you should examine the titles deeds of the property very carefully and the most important part is the drafting of Agreement of Sale & other documentation.
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The Maharashtra Housing (Regulation and Development) Bill 2012 a farce or reality examines Adv. R. P. Rathod.


Shri. Sachin. Ahir., Minister of State for Housing, had reintroduced "The Bill", along with the recommendations given by the 19-member committee, in the legislative assembly on Monday the 16th July 2012. After discussions finally the Bill has been passed by both houses of the Maharashtra Legislative Assembly and was supported by the opposition, however only a handful of legislators were present in the House when the bill was approved. As the Bill involves punitive actions like imprisonment, hence the bill will have to be sent for the President’s assent.
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A Home buyer's Simple Guide to Short-List a Financing Option

Buying a home is one of the most important decisions a person makes in his life. Weeks, months and sometimes even years are spent searching for that Dream House that a person would like to call a Home.

It is a very important decision not only because of the emotional value attached to it but also due to the enormous financial impact that this decision has on one's life.
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Single Buildings are devoid of Complex Issues



        In the last decade, instead of going for a flat in a Single /Stand alone building, most home buyers opted for a flat in a Big Complex considering the surge of amenities provided by builders/ developers. Adv. R. P. Rathod says that it's important for the home buyers to realize the Legal ramifications of living in a Housing Complex which are no doubt unique in nature. Incidentally, all the flat buyers in Maharashtra, whether buying a house in a single building or in a big Complex, are covered by the Maharashtra Flat Ownership Act 1963.

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