India, Nov. 7 -- The Maharashtra government is considering repealing the Maharashtra Ownership of Flats Act (MoFA), which aims to safeguard the interests of homebuyers and housing societies in the state of Maharashtra, according to a Hindustan Times report.

According to real estate developers, since the implementation of RERA, many provisions in the MoFA and RERA have overlapped, leading to complexities.

MOFA includes a provision relating to unilateral deemed conveyance, which legal experts say should continue to apply to societies not registered under RERA. For projects registered under RERA, the society can approach the RERA Authority for execution of the conveyance. To that extent, the repeal of MOFA would create a vacuum, as RERA do...