Your Society Is Going for Redevelopment? Read This Before You Count on RERA
The owners of many old buildings have a notion that they can always refer to RERA in case something fails in the redevelopment process. According to a recent decision of MahaRERA, this assumption is not always true. In one of the landmark decisions, MahaRERA dismissed an objection by members of a housing society and indicated that conflict concerning the rehabilitation aspect of the redevelopment projects might not amount to RERA. This sends a grave caution to thousands of the society members in Maharashtra. The case was of members of a Pune housing society whose building was in redevelopment. As it is the norm in such projects, the old building was demolished, members relinquished their flats and the developer assured them new flats in the new building. Subsequently the members claimed that they were to get certain new flats of a particular size but the developer had altered the allotment. They claimed that one of the promised flats was sold to some third party and that the space they...
