In a significant move to expedite the recovery process for homebuyers under the Maharashtra Real Estate Regulatory Authority (MahaRERA), the state government has appointed 12 officers. These officers have been tasked with the responsibility of speeding up the recovery of Rs 912 crore for homebuyers in Maharashtra. This initiative aims to provide relief to homebuyers who have faced delays or non-delivery of their properties by real estate developers. The appointed officers will work towards ensuring that the developers comply with the orders issued by MahaRERA and facilitate the refund process for affected homebuyers. This development comes as a welcome relief for many homebuyers who have been waiting for their refunds for a long time. By appointing these officers, the Maharashtra government is demonstrating its commitment to protecting the interests of homebuyers and ensuring that justice is served in cases of real estate disputes. The move is expected to bring much-needed relief to the affected homebuyers and streamline the recovery process under MahaRERA. This step is likely to have a positive impact on the real estate sector in Maharashtra and boost confidence among homebuyers.

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Maharashtra appoints officers to expedite Rs 912 crore MahaRERA recovery for homebuyers.
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