Families Held Hostage by Broken Promises
In 2009, Promila and Balraj Bansal dreamed of owning two office units at Oshiwara’s Morya Grand, booked from Nakta Investment Pvt. Ltd., part of the Morya group headed by Uttam Jhavar. Nearly 16 years later, they’re still waiting.
From Hope to Despair
They were promised possession within 3 years, but the building remains incomplete. Despite repeated follow-ups, the builder failed to execute the sale agreement. After years of uncertainty, MahaRERA finally intervened, ordering the builder to finalize agreements and hand over possession by December 31, 2020, failing which interest penalties would apply from January 1, 2021.
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Countless Families in the Same Boat
But the Bansals are just one among many families still fighting for their rightful homes and office spaces across Morya projects. Complaints are piling up from buyers in Kamothe, Khandeshwar, and other parts of Oshiwara, all describing the same ordeal: non-delivery, lack of communication, and financial strain.
Some families have turned to collective legal action, filing group complaints with MahaRERA and consumer courts. Others are fighting solo, burning through time and savings for justice.
The recurring factor? Uttam Jhavar’s leadership.
The Emotional Toll
For most, this isn’t just a real estate issue. It’s about broken trust, lost years, and financial stress. EMIs, rent payments, and legal fees are mounting. Buyers feel betrayed by a builder who once promised timely possession and professional delivery.
A Small Ray of Hope
The MahaRERA order provides some hope for these families, but real closure will only come when promises turn into possession—and when director-level accountability, including that of Uttam Jhavar, is finally enforced.
