A recent MahaRERA order has highlighted an important issue for homebuyers in redevelopment projects: what happens to a buyer’s refund claim when the original developer is removed and a new developer takes over the project? In a significant order dated 1 September 2026 , the Maharashtra Real Estate Regulatory Authority (MahaRERA), Mumbai, directed both the outgoing promoter and the incoming developer of a Mumbai redevelopment project to jointly and severally refund ₹38 lakh , along with applicable interest, to three homebuyers. The case concerns Kam Ganesh Co-operative Housing Society Ltd. , registered under MahaRERA as P51900008403 . The order was passed by Shri Ravindra Deshpande, Member II , following a hearing held on 17 February 2026. The Case at a Glance Particular Details MahaRERA Complaint No. CC006000000303575 Project Kam Ganesh Co-operative Housing Society Ltd. MahaRERA Registration P51900008403 Complainants Deepak Kanhaiyalal Shimpi, Vandana Deepak Shimpi & Nikhil ...
