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The buyers had paid under Rs 20 lakh each so far. MUMBAI: Is the development manager who signs an agreement with a builder for exclusive rights to sell flats liable to pay compensation to the buyer in case of delay or does liability rest only with the builder? A RERA order on March 5 said both were liable in a Mulund project, reports Swati Deshpande. MahaRERA directed the development manager, a subsidiary of Shapoorji Pallonji Group, and Nirmal Developers, to refund the money paid by four flat purchasers with 9% interest for delay in construction and possession of flats. MahaRERA member B D Kapadnis said the DM would be considered a ‘promoter’ of the project along with the builder Nirmal Developers. It directed that the SP subsidiary be added as promoter on the web page of the project within 30 days of the order.Four flat purchasers who had booked apartments in ‘Mumbai Dreams Olympia C & D’ in Mulund west moved RERA last year alleging delay in construction. ....
MahaRERA Asks Developer to Pay Rs60 Lakh as Penalty for Delay in Possession Moneylife Digital Team 1 In a recent order, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Conoor Builders to pay a home-buyer in its Gateway project at Andheri (West), interest at marginal cost lending rate (MCLR) of SBI plus 2% for a three-year delay in possession. According to the home-buyer’s lawyers, the total penal amount is estimated to be around Rs60 lakh.
MahaRERA member, Vijay Satbir Singh, in his order, clarified that the builder cannot transmute its statutory liability to the land owner as there is no privity of contract between the complainant and the land owner (AH Construction) since land owner is not party to the registered sale agreement executed between the complainant and the respondent. ....
Representative image MUMBAI: MahaRERA in a recent order directed Conoor Builders to pay the owner of a flat in its Gateway project at Andheri west interest at marginal cost lending rate of SBI plus 2% for a nearly three-year delay in possession. The flat buyer’s lawyers pegged the amount at around Rs 60 lakh. MahaRERA member, Vijay Satbir Singh, in his order has also stated the builder cannot shift its statutory liability to the land owner as there is no privity of contract between the complainant and the land owner since it is not party to the registered sale agreement executed between the complainant and the respondent. ....
MahaRERA asks Conoor builder to pay buyer Rs 60 lakh for delay BySanjeev DevasiaSanjeev Devasia / Updated: Jan 9, 2021, 09:44 IST money rep - Copy MUMBAI: MahaRERA in a recent order directed Conoor Builders to pay the owner of a flat in its Gateway project at Andheri west interest at marginal cost lending rate of SBI plus 2% for a nearly three-year delay in possession. The flat buyer’s lawyers pegged the amount at around Rs 60 lakh. MahaRERA member, Vijay Satbir Singh, in his order has also stated the builder cannot shift its statutory liability to the land owner as there is no privity of contract between the complainant and the land owner since it is not party to the registered sale agreement executed between the complainant and the respondent. ....
CBS 13 s Cody Lee and News 11 s Adonis Albright get exclusive access inside the clinic YUMA, Ariz. (KYMA, KECY) - It s another day in the history books for Yuma Regional Medical Center (YRMC). On day two of administering COVID-19 vaccines, the hospital is moving full-speed ahead to fully vaccinate its frontline workers. On Tuesday, the hospital vaccinated over 600 of its frontline workers, with more gearing up to roll up their sleeves in the coming days as the clinic remains open for the next week excluding Christmas Day. Yuma Regional has about 2,200 employees with an additional 400 contracted staff members. That means over half of its staff will be vaccinated with this first allocation of the vaccine. ....