RERA vis-à-vis MOFA: The changing landscape of Real Estate Laws

MOFA belongs to such class of such legislation that were more regulatory in nature, instead RERA creates an environment for the functioning and development of real estate sector.

MahaRERA Chairman suggests to replace MOFA with some other Act

The acts will be in force, one way or the other they may source issue in the smooth working of each other. This probably one of the reasons for which MahaRERA Chairman has suggested to replace MOFA with some other act.