MahaRERA: Bought a shop for retirement income but found no tenants; here’s why the regulator rejected senior citizens’ plea
The Maharashtra Real Estate Regulatory Authority (MahaRERA) rejected a plea from senior citizens who bought a shop in Pune for retirement income, citing their inability to find tenants due to poor visibility and access. MahaRERA stated that no provisions under RERA allow for alternative showrooms or compensation. The couple had paid over 80% of the total cost and expected possession by December 2025.