MREAT revoked MAHARERA orders of penalty

Dated on: Tuesday 23rd July 2019

Invoking Section 3 of the RERA Act, 2016, where a project registration is not required if either the developable area of the project is less than 500 sq meter or the number of units are less than 8, the MREAT (Maharashtra Real Estate Appellate Tribunal) has quashed 2 MAHARERA orders penalizing a developer for not registering his project. The MREAT order exempted the developer Geetanjali Aman Constructions from registering the project with the MAHARERA and also set aside the Rs. 30 Lakhs penalty imposed on the firm.

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