MahaRERA Issues Landmark Order Against Shree Tirupati Builders for Multiple Failures

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a landmark order against Shree Tirupati Builders and Developers for failing to meet numerous commitments and statutory obligations under the RERA Act.

MahareraShree Tirupati BuildersRera ActSaffalya ChslReal EstateReal Estate MumbaiMay 27, 2025

MahaRERA Issues Landmark Order Against Shree Tirupati Builders for Multiple Failures
Real Estate Mumbai:The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a landmark order in favor of Saffalya Co-operative Housing Society Ltd. (CHSL) against Shree Tirupati Builders and Developers. The order mandates the developer to immediately fulfill various statutory obligations under the Real Estate (Regulation and Development) Act, 2016 (RERA Act).

The society accused Shree Tirupati Builders and Developers, a joint venture, of failing to meet numerous commitments. The complaint detailed a series of grievances, including the developer's failure to execute a deed of conveyance for the land and a deed of lease/assignment in favor of the society as required by Section 17(1) of the RERA Act. The society also sought directions for the developer to obtain the building completion certificate and hand over necessary documents under Section 17(2) of the Act.

Further allegations included the developer's failure to provide proof of lease rent paid to MCGM, a statement of accounts for the society, and the corpus fund. The society claimed reimbursement for Rs. 13,69,836 paid by members towards maintenance and other charges. Structural issues were also highlighted, with demands for repairs to the entire tower, including the roof over the car lift entrance and terrace garden, as well as addressing leakages throughout the building, all at the developer's cost.

Other significant issues raised by Saffalya CHSL included the need for a suitable platform for drainage pipe maintenance, replacement/repair of defective stack parking, provision of adequate car lifts, a roof cover on podium level 4 parking, and removal of illegal partition walls on the terrace. The society also sought reimbursement of Rs. 2,98,181 for expenses incurred in completing the fire-fighting systems.

Additionally, the developer was asked to install a signboard for the building and complete pending project amenities and utilities such as the society office, security guard cabins, pipe gas connection, gymnasium, and rainwater harvesting.

The MahaRERA noted that the proposed and revised completion dates for the 'AVENUE 14' project were both December 31, 2018. Despite repeated communications and complaints to authorities, the developer failed to address the issues. The respondent, Shree Tirupati Builders and Developers, was absent from all hearings, leading the Authority to proceed ex-parte.

Advocate Anil D’Souza, hon secretary of the Bar association, MahaRERA, represented the Dadar-based Saffalya CHSL. Advocate Anil, while speaking to FPJ, said, “This is a landmark order and the first one from RERA on sections 11, 14, and 17 combined. It casts full and total responsibility on the builder on three fronts: statutory documentation handover, financial documents handover, and liability under the defect liability clause for structural damage in the first five years. Further, it says that the builder has the responsibility of giving proper handover of all statutory documents. Under the five-year defect liability clause, it is the builder's responsibility to maintain the building free from structural defects and liable for repairs and bear costs if the society had to undertake the refund in the first five years.”

“This order is the first of its kind and is a refresher and a welcome break from a consumer-centric outlook of Maha RERA, even after possession is handed over. Now we will file a detailed monetary claim before the Adjudicating Authority as directed by the Chairman of RERA Authority,” said Advocate Anil.

Frequently Asked Questions

What is the RERA Act?

The Real Estate (Regulation and Development) Act, 2016 (RERA Act) is a law in India designed to protect home buyers and regulate the real estate sector. It mandates developers to fulfill statutory obligations and ensures transparency and accountability in real estate transactions.

What were the main grievances of Saffalya CHSL?

The main grievances of Saffalya CHSL included the developer's failure to execute a deed of conveyance, obtain a building completion certificate, provide necessary documents, and address structural issues. The society also sought reimbursement for maintenance charges and expenses incurred in completing project amenities.

What is the significance of the MahaRERA order?

The MahaRERA order is significant as it is the first of its kind, combining sections 11, 14, and 17 of the RERA Act. It holds the developer fully responsible for statutory documentation, financial handover, and defect liability for structural issues in the first five years.

What are the key responsibilities of the developer under the RERA Act?

Under the RERA Act, the developer is responsible for providing statutory documents, financial transparency, and maintaining the building free from structural defects for the first five years. They must also complete all project amenities and utilities as promised.

What happens if the developer fails to comply with the RERA Act?

If a developer fails to comply with the RERA Act, they can face legal consequences, including monetary penalties, legal actions, and orders from regulatory authorities like MahaRERA to fulfill their obligations.

Related News Articles

Ahmedabad Property Market Anticipates 25% Price Surge
Real Estate

Ahmedabad Property Market Anticipates 25% Price Surge

The Ahmedabad real estate market is on the brink of a significant transformation, with experts predicting a 25% increase in property rates. This surge is driven by various factors, including economic growth, infrastructure development, and increased deman

November 21, 2024
Read Article
Madhu Mantena Buys Three Apartments in Mumbai's Juhu for Rs 25.75 Crore
Real Estate Mumbai

Madhu Mantena Buys Three Apartments in Mumbai's Juhu for Rs 25.75 Crore

Real estate tycoon Madhu Mantena has made a significant investment by acquiring three apartments in the prestigious Juhu area of Mumbai for a total of Rs 25.75 crore. The deal, facilitated by Square Yards, highlights the ongoing interest in luxury real es

December 20, 2024
Read Article
Ashiana Housing’s Sales Surge: A Sign of Resilient Real Estate Market
Real Estate

Ashiana Housing’s Sales Surge: A Sign of Resilient Real Estate Market

Ashiana Housing, a leading real estate firm, has reported a significant 2.5-fold increase in sales to Rs 454.31 crore in Q3 of 2024-25, fueled by robust demand in the market. This surge underscores the company’s strong market position and the growing trus

January 10, 2025
Read Article
Deputy CM Eknath Shinde Inaugurates 22nd CREDAI MCHI Thane Property Expo
Real Estate Mumbai

Deputy CM Eknath Shinde Inaugurates 22nd CREDAI MCHI Thane Property Expo

The 22nd Property Expo, organized by CREDAI MCHI Thane, was inaugurated by Deputy Chief Minister Eknath Shinde. The event is set to showcase a wide array of properties in the Mumbai Metropolitan Region (MMR), catering to diverse needs and preferences of p

February 7, 2025
Read Article
Mumbai's Iconic Laxmi Nivas Bungalow Sold for Rs. 276 Crores: A Legacy Continues
Real Estate Mumbai

Mumbai's Iconic Laxmi Nivas Bungalow Sold for Rs. 276 Crores: A Legacy Continues

Mumbai's legendary Laxmi Nivas bungalow, nestled on the prestigious Nepean Sea Road, has recently changed hands for a staggering Rs. 276 crores. This iconic property, a symbol of grandeur and heritage, continues to captivate the city.

March 21, 2025
Read Article
Kajol Sells Mumbai Property for Over Rs 3 Crore: Inside the Sale
Real Estate Mumbai

Kajol Sells Mumbai Property for Over Rs 3 Crore: Inside the Sale

Bollywood actress Kajol, known for her iconic roles and impressive real estate portfolio, has recently sold one of her Mumbai properties for over Rs 3 Crore. Here’s what you need to know about the lucrative deal.

March 26, 2025
Read Article