Archive · 24 Nov 2025
MahaRERA Introduces New SOP to Expedite Homebuyer Compensation
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has created a new plan to help homebuyers get their compensation faster.
If a builder doesn't pay within 60 days, the authority can send the case to court or even put the builder in jail.
Lawyers think this is a good step, but they want to make sure it's done properly.
MahaRERA introduces new SOP to fast-track compensation for aggrieved homebuyers
New protocol aims to ensure homebuyers receive compensation within 60 days of order
MahaRERA gains enforcement powers, including court referral and imprisonment for non-compliance
Homebuyers must file non-compliance application if compensation not received within 60 days
Legal experts welcome move but caution about effective implementation
- Who
- MahaRERA, homebuyers, developers
- What
- Introduced a new Standard Operating Procedure for compensation recovery
- When
- November 22, 2022
- Where
- Maharashtra, India
- Why
- To expedite compensation for aggrieved homebuyers and strengthen consumer protection
MahaRERA and Homebuyers
Developers
Compensation Recovery
MahaRERA and Homebuyers
MahaRERA aims to recover compensation within 60 days
Developers
Developers may face imprisonment for non-compliance
- Authority
- Maharashtra Real Estate Regulatory Authority (MahaRERA)
- New Power
- Refer cases to Principal Civil Court for execution
- Penalty for Non-Compliance
- Imprisonment up to 3 months
- Compensation Deadline
- 60 days from order date
- Hearing Schedule
- Within 4 weeks of non-compliance application
