Summary:
It has been more than five months since the warrant was issued but no action has been taken against the developer. And this why even after obtaining orders from RERA, homebuyers have failed to get refunds. On January 16, 2019, the RERA wrote to the Thane tehsildar for taking action against the developer, but till now, Veer has failed to get his refund. Even so, the homebuyers have failed to get refund on amounts paid to the builder. MAHARASHTRA REAL Estate Regulatory Authority (RERA) has issued 174 warrants of property seized in different cases against builders..