India, May 23 -- The Maharashtra Real Estate Regulatory Authority (MahaRERA), in a recent suo motu order, has clarified that the original developer remains accountable for addressing the claims of existing homebuyers, even if the project is transferred to a new developer due to regulatory compliance issues.

The authority stated that the incoming developer bears no liability for past obligations towards earlier homebuyers.

This clarification was issued in relation to a stalled real estate project involving slum rehabilitation in Mumbai's Andheri area, where the Slum Rehabilitation Authority (SRA) appointed a new developer following the default of the original one.

The order pertains to a slum rehabilitation project in Mumbai's Andheri a...