Builders in Maharashtra shortens completion deadline of projects due to pressure from MahaRERA Authority

Dated on: Monday 6th November 2017

A couple of builders in Maharashtra agreed to change their project deadlines and pull them closer as to what was initially put while registering with the RERA Authority. Recently, in a complaint filed by buyers against a builder for a refund of the booking amount due to the completion being too long, the builder agreed to bring the completion closer. The promoter of project ‘Ektaworld’ was directed to change the completion deadline from 30 June 2020 to 31 October 2018. In a similar case, the promoter of the project Neptune Eleve was directed to change the possession date from 31 December 2025 to 31 December 2020.

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