In a significant ruling on October 30, 2025, the Maharashtra Real Estate Regulatory Authority (MahaRERA) ordered promoters to refund Rs1.28 crore with interest to a homebuyer trapped in a stalled housing project that failed to obtain its Occupation Certificate. The case highlights RERA's commitment to protecting homebuyers from indefinite delays and financial strain. The dispute began when a homebuyer purchased an apartment for Rs2.05 crore in February 2018, securing a home loan of Rs1.28 crore by January 2019. The builder had promised possession by June 2020, but failed to deliver. Making matters worse, the original landowner terminated the development agreement with the builder during 2023-24 due to extensive delays, effectively causing the project to lapse without the mandatory Oc

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