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Homebuyers Don’t Lose Delay Interest Claim After Accepting Possession, Rules MahaREAT
MahaREAT ruled that homebuyers do not lose their right to claim interest for delayed possession merely by accepting a delayed flat. The tribunal dismissed Kanakia Spaces Realty’s appeal, holding that Section 18 RERA rights arise when developers miss agreed timelines. The case involved a Malad project where possession was handed over after the scheduled deadline.
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