MahaRERA Extends Godrej Skyline’s Mamurdi Project Deadline to March 2027
MahaRERA has granted an extension to Godrej Skyline's Mamurdi MHADA North project until March 2027 due to COVID-19 related delays. Learn more about the implications and updates.
MahaRERA Grants Extension to Godrej Skyline’s Mamurdi Project
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has officially extended the deadline for the Godrej Skyline Developers Limited's Mamurdi MHADA North housing project until March 30, 2027. This decision comes in light of significant delays attributed to the COVID-19 pandemic, which has disrupted construction timelines and operations.
Initially, the project was set to be completed by March 31, 2023. However, the developer faced multiple challenges, including prolonged lockdowns, supply chain issues, and labor shortages, which hindered progress. The project had already received three extensions due to these unprecedented circumstances, but further complications necessitated an additional extension.
Among the various factors contributing to the delays were construction bans imposed by local authorities due to poor air quality, labor strikes, and fluctuations in material prices. Despite these challenges, Godrej Skyline has assured stakeholders of their commitment to delivering quality residential units and maintaining open lines of communication with allottees.
Interestingly, the extension was granted without the required 51% consent from the allottees, raising concerns about the legal rights of buyers. MahaRERA has acknowledged these concerns and emphasized the importance of transparency and accountability in real estate projects.
Frequently Asked Questions
What is the new completion date for the Godrej Skyline Mamurdi project?↓
The new completion date for the Godrej Skyline Mamurdi MHADA North project is March 30, 2027.
What were the main reasons for the delays in the Mamurdi project?↓
Delays were primarily due to COVID-19 related disruptions, including lockdowns, supply chain breakdowns, labor shortages, and construction bans imposed by local authorities.
How can renters find suitable properties during these delays?↓
Renters can utilize rental apps like TheBrik, which helps users find available rental properties and streamline the renting process, making it easier to navigate the current real estate landscape.