THE MAHARASHTRA OWNERSHIP OF FLATS (REGULATION OF THE PROMOTION OF CONSTRUCTION, SALE, MANAGEMENT AND TRANSFER) (AMENDMENT) ACT, 2008

(MAH.ACT NO.23 OF 2008)

[12^TH May 2008]

            An Act further to amend the Maharashtra Ownership of Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963, for the purposes hereinafter appearing, it is hereby enacted in the Fifty-ninth Year of the Republic of India as follows-

            1. Short title – This Act may be called The Maharashtra Ownership of Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) (Amendment) Act, 2008.

            2. Amendment in section 3 of Mah. XLV of 1963 – In section 3 of the Maharashtra Ownership of Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (Mah. XLV of 1963), in sub-section (2), after clause (m), the following clause shall be added namely:-

           

                “(n) sell flat on the basis of the carpet area only:

            Provided that, the promoter may separately charge for the common areas and facilities in proportion of the carpet area of the flat.

            Explanation – For the purpose of this clause, the carpet area of the flat shall include the area of the balcony of such flat.