MAHARERA orders auction to compensate to the homebuyers

Dated on: Friday 12th July 2019

The accusations and nicknames like toothless tiger awarded to the RERA authorities have been proved wrong when it has initiated the process of auction of the clutch of properties belonging to Ravi Developers in Kandivali which will be carried out by the Suburban Collector’s office on August 6, 2019. The auction will give heart to thousands of home buyers who were not given timely possession of their apartments by the builders who were thereby paying EMI’s for housing loans for years beyond the date of possession.

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