MAHARERA penalised the developer for over Rs.1 crore

Dated on: Tuesday 18th June 2019

An ex-parte order was passed by MAHARERA’s Pune bench directing the realty company Yemul and Sancheti Associates to pay over Rs.1 crore along with the accrued interest to petitioner Manjusha Bhusari to whom he owed a flat for which the land was acquired by him for Rs. 3.75 crore and only Rs.25 lakhs had been paid so far to the owner. Neither had he completed the construction nor has he given some more amount of consideration.

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