Mumbai: The Maharashtra Real Estate Authority (MahaRERA) has established its jurisdiction over agreements registered under the Maharashtra Ownership of Flat Act (MOFA) that existed before RERA’s implementation in May 2017.
In a matter related to delay in delivery and compensation for the same, a Mumbai-based realty developer had challenged the authority’s jurisdiction claiming that the homebuyer had entered into an agreement in 2014 under MOFA.
But MahaRERA, establishing its jurisdiction, stated that there was enough time for the developer to complete the project before the provisions of the RERA Act came into force on May 1, 2017, and will now fall under the authority’s ambit as it is an incomplete project that is yet to receive an occupation certificate.
A homebuyer had approached MahaRERA against the developer PG Enterprises for delay in delivery of his flat in the building Om Palace in the Malad suburb of Mumbai.