Bombay High Court says RERA provisions would apply to long-term lease agreement

By Accommodation Times Bureau

MUMBAI

The Bombay High Court on August 8 while giving a landmark judgment it said cases of a long-term lease agreement and compensation complaints can be heard by Maha RERA. An appeal was filed by the Lavasa Corporation, which is constructing a township project around Pune.

The single bench of Justice Shalini Phansalkar Joshi was hearing the case and  passed the ruling. The project is also registered with the authority.

The authority had the power to hear the case and law was applicable to the 3 apartments which were booked on an agreement of lease for 999 years and also 80% of the purchase price was paid, the bench said.





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