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GST Review December-2024

Updates on Real Estate (Regulations & Development) Act, 2016

Ashwin Shah
Whether Developer is justified in forfeiting about booking amount for voluntary cancellation done within 15 days ? “Social Welfare Legislation.” is core objective behind enactment of RERA law – Maharera gives new dimension to the underlined provisions under the Act, Rules & Regulations. Facts of the Case Complainant is senior citizen and has booked apartment with Godrej Properties Ltd for the project “The Trees, Origin.” situated Mumbai. The apartment was booked on 24-04-2017 just immediately after the enactment of law from 1st May 2016 though many of the provisions were notified on 1st May 2017. The apartment was booked for the consideration of Rs.4,39,11,500/- by making booking amoun.......