Overview
- Homebuyers are expected to receive ordered compensation within 60 days, after which they must file a non-compliance application if unpaid.
- MahaRERA will hear non-compliance applications within four weeks and may grant a reasonable time before escalating enforcement.
- Developers who still default can be required to file an affidavit disclosing movable and immovable assets, bank accounts, and investments.
- A recovery warrant may then be sent to the district collector to attach or seize assets and bank accounts to recover dues.
- Persistent non-payment can be referred to the principal civil court, where defaulting developers may face imprisonment for up to three months, while legal experts flag vague timelines and weak portal tracking.