Home / Mumbai / Mumbai News / Article / Maha RERA asks 13 districts to ensure home buyers get Rs 730 cr in compensations

Maha RERA asks 13 districts to ensure home buyers get Rs 730 cr in compensations

The body said in the last five years, it has issued 733 warrants in which developers have been asked to pay Rs 729.68 crore in compensation payments to home buyers who approached MahaRera after developers did not keep up their promises

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Maharashtra's real estate regulator has asked 13 district collectors to ensure that compensation payments totalling Rs 730 crore awarded to home buyers, who got duped by developers, reach the affected parties.

The Maharashtra Real Estate Regulatory Authority (MahaRera) has also appointed a retired additional district collector to follow-up in such cases where dues have been pending, an official statement said.

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