Maharashtra REAT Cancels MahaRERA’s Possession Date Extension
MUMBAI: The Maharashtra Real Estate Appellate Tribunal (MREAT) has overturned a prior ruling by MahaRERA that had extended the possession deadline for a Navi Mumbai project. In its updated decision, MREAT underlined that such unapproved extensions from the developers, without the homebuyers’ consent, are illegal. This case involves homebuyers Neha and Nitin Walavalkar, who have been expecting possession of their flat since December 2017. In a modification of MahaRERA’s February 2024 order, MREAT clarified that the unilateral extension of the possession date had effectively changed the conditions of the original sale agreement, which is not permissible by law. MREAT ordered…