26/11/2025
𝐇𝐈𝐆𝐇𝐋𝐈𝐆𝐇𝐓𝐒 𝐎𝐅 𝐒𝐎𝐏 -
𝙄𝙢𝙥𝙧𝙞𝙨𝙤𝙣𝙢𝙚𝙣𝙩 𝙛𝙤𝙧 𝙙𝙚𝙛𝙖𝙪𝙡𝙩𝙚𝙧𝙨:
Developers who fail to pay compensation within 60 days of a MahaRERA order may face civil imprisonment for up to three months. This penalty aims to deter non-compliant builders and protect homebuyers from prolonged delays.
𝘼𝙨𝙨𝙚𝙩 𝙙𝙞𝙨𝙘𝙡𝙤𝙨𝙪𝙧𝙚 𝙧𝙚𝙦𝙪𝙞𝙧𝙚𝙢𝙚𝙣𝙩:
Developers who do not comply with compensation orders will be required to submit an affidavit detailing their movable and immovable assets, bank accounts, and investments. Failure to do so could lead to further legal action.
𝙁𝙖𝙨𝙩-𝙩𝙧𝙖𝙘𝙠𝙚𝙙 𝙧𝙚𝙘𝙤𝙫𝙚𝙧𝙮:
Homebuyers can file applications if compensation is not received within 60 days. MahaRERA will hear these cases within four weeks and take swift action to recover the amount, including asset seizure if necessary.
𝘾𝙤𝙪𝙧𝙩 𝙧𝙚𝙛𝙚𝙧𝙧𝙖𝙡 𝙛𝙤𝙧 𝙥𝙚𝙧𝙨𝙞𝙨𝙩𝙚𝙣𝙩 𝙙𝙚𝙛𝙖𝙪𝙡𝙩𝙚𝙧𝙨:
If developers continue to evade compliance, their cases will be referred to the principal civil court of the respective area, where further actions, including imprisonment, may be pursued.
The new SOP aims to streamline the process of compensation recovery and provide quicker relief to homebuyers facing issues like delayed possession or substandard construction. MahaRERA’s stringent measures are designed to hold developers accountable, ensuring homebuyers’ rights are respected and enforced, said MahaRERA insiders.
Source : https://www.mid-day.com/mumbai/mumbai-news/article/new-maharera-sop-cracks-down-on-builders-ignoring-compensation-orders-23604574
