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Difference between MOFA and MAHARERA carpet area
Q: What is the difference in formula for calculation of Maharashtra Ownership of Flat Act (MOFA) based carpet area and Maharashtra RERA based carpet area with regards to new residential flat in Mumbai?

mofa
rera
maharera
how to calculate carpet area under maharera?
Latest Answer: According to the RERA, carpet area is defined as the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment. A similar provision exists in MOFA with the difference that the percentage prescribed is 20 percent in place of 10 percent in RERA.
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developers are not worrying about criminal action by the flat owners
Q: Delhi has raised the red flag for developers and hope among property buyers.

property buyers
mofa
delay possession of flats
arrest of builders in delhi
criminam action against builders in delhi
unitech case
Latest Answer: Though, it will be consider as a great step against the builders for their violations. The fear of criminal action will help so many suffering buyers.
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Delhi Real estate News Real estate News in Delhi
MMR Bulletin May-June, 2015
Q: Which are the most active market in May-June, 2015 in MMR? What was the percentage of luxury, mid segment and affordable projects launched in that period?

mmrda
mmr
flats for sale in dombivli east
maharashtra ownerships flats act
mofa
bombay high court
realty market of mmr
mumbai metropolitan region
realty market snapshot
regulatory updates
infrastructure update
industory buzz in mmr
major deals in mmr
key projects in mmr
Latest Answer: Hi Rajat, In Budget 2015, there had been lot's of infrastructural development promised by the Modi Govt. What about those infrastructural development? Have those development initiated or not?
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can a building go for redevelopment without conveyance in mumbai?

conveyance deed
deemed conveyance
redevelopment without conveyance
maharashtra ownerships flats act
mofa
Latest Answer: As per the provisions of section 11 of the Maharashtra Ownerships Flats Act (MOFA), the promoter is duty-bound to complete his title and convey the same to the organization of persons who had bought the flat. The Conveyance has to be executed and the promoter or builder has to deliver the title relating to the property. It is also the duty of the promoter to file a copy of the conveyance with the flat purchasers and the competent authority under section 11(2).
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