MahaRERA(The Maharashtra Real Estate Regulatory Authority)dismissed a complaint made by The homebuyer who is also a resident of a building named Lodha Dioro, part of the ‘New Cuffe Parade’ project against listed developer Macrotech Developers, also known as ‘Lodha’, for a New Cuffe Parade project in Wadala area of Mumbai.
The homebuyer had alleged that the developer had started construction on the open space without approval of a two-third majority of homebuyers.
So What is Section 14(2)?…..
Section 14(2) of the RERA Act brings about wherever larger changes such as alterations in plan, specification of the building or common area within the project come up, they cannot be taken up without the previous written agreement of two-thirds of the allottees. The Act lays out the condition precedent to permit substantial changes when they become necessary, according to several previous orders of the MahaRERA.
(MahaRERA) has said that RERA is not mandated to watch over construction beyond the limits of a registered project. The MahaRERA said that section 14(2) of RERA has no purview that directs the developer to get approval from two thirds of the allottees if construction extends beyond the area demarcated at the time of registration of a project.
