[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Chi Yun In staff of Kamaindia Pvt. Ltd.
Here I have an important Indian real estate news to share with you which is as undermentioned.
The Bombay High Court has ruled that provisions of the Maharashtra Real Estate Regulatory Authority would apply in cases of long-term lease agreements and that compensation complaints can be heard by it.
A single bench of Justice Shalini Phansalkar Joshi passed the ruling yesterday while hearing appeals filed by the Lavasa Corporation, which is developing a township project near Pune, registered under the Maharashtra Real Estate Regulatory Authority (RERA).
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