Section 8: Refund of amount paid with interest for failure to give possession within specified time or further time allowed

Q: What does Section 8 of The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA) deal with?

Section 8 MOFA pertains to "Refund of amount paid with interest for failure to give possession within specified time or further time allowed". It is part of the The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963, a legislation enacted by the Parliament of India. Section 8 of The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA) governs refund of amount paid with interest for failure to give possession within specified time or further time allowed. As verified on 22 May 2026.

Q: Is Section 8 MOFA still in force?

Yes, Section 8 of the The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 is currently in force across the Republic of India.

Q: What is धारा 8 MOFA?

धारा 8 MOFA is the Devanagari Hindi reference for Section 8 of the The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963. Section 8 of The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA) governs refund of amount paid with interest for failure to give possession within specified time or further time allowed. As verified on 22 May 2026.

Q: What is Dhara 8 MOFA?

Dhara 8 MOFA is the Roman Hindi reference for Section 8 of the The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963. "Dhara" means "Section" in Hindi. Section 8 of The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA) governs refund of amount paid with interest for failure to give possession within specified time or further time allowed. As verified on 22 May 2026.

Q: How to cite Section 8 of The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963?

Cite as: "Section 8, The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 (MOFA)" in legal briefs. For academic writing, use the BlueBook format: The Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963, 1963, § 8 (India).

Law on Tips Editorial Board

- If -

the promoter fails to give possession in accordance with the terms of his agreement of a flat duly completed by the date specified, or any further date or dates agreed to by the parties, or
the promoter, for reasons beyond his control and of his agents, is unable to give possession of the flat by the date specified, or the further agreed date and a period of three months thereafter, or a further period of three months if those reasons still exist,