RERA and consumer forums can provide better relief to home buyers

RERA is still in the initial stage and is facing teething problems

When going through the legal documents of a developer for his client, Malav Virani, partner at MDP & Partners, asked for a copy of the sale agreement that was uploaded on the Maharashtra Real Estate Regulatory Authority’s website. The developer promised Virani’s client possession in December 2019. But, the documents submitted to the regulator stated 2021. “This is the most common challenge buyers are facing right now. In the sale agreement, the developer promises possession much earlier and when registering with the regulator gives a separate date,” says Virani.

Developers have also been doing this for under-construction projects that are already