Mumbai: Nearly 550 flat owners of Mira Road project—Tanvi Eminence, finally gets a relief. Recently, MahaRera passed an order asking the promoter (one of the promoters in the project) Dayabhai Sutariya to handover the units by December 2019.
Despite, the on-going dispute of the promoters— Tanvi Constructions private Limited, Dayabhai Sutariya and Bhupat Ravijbhai Lukhi in the Bombay High Court, MahaRera passed an order. “This is a milestone judgement. Despite the court case, MahaRera decided to address the issues faced by the flat owners due to the delay of project,” said Ramesh Prabhu, who represented Tanvi Eminence Owners Welfare Association.
It was argued that the project registration be revoked as per section 7 of RERA and the Association was ready and willing to take over the completion of the project and appropriate the profit. “Due to this, the promoters decided to settle their difference and enter into consent terms with the Association. The project deadline was also fixed,” added Prabhu.
Prabhu stated, “MahaRera, Chairman, Gautam Chatterjee asked the promoters to come in terms with the flat owners or face cancellation of the project. This forced the promoters to set aside the dispute and resolve the issue.”
Adding to it, Kishore Manyal, one of the flat owners said, “Everyone is very happy. For a while now, the flat owners have been waiting for this verdict. I am happy that all the flat owners came together for this and made it happen.” Manyal revealed that one of the promoters, Sutariya decided to take over the said project by acquiring stakes of other two promoters. This saved the promoters from facing cancellation of the project and giving the project to Owners Welfare Association.
Some level of activity has already started at the site. The promoter will have to give the flat owners the possession letter and occupancy letter by 2019. “As per the agreement, the promoter will have to update the flat owners every six months,” added Manyal.