Home Regulations 2,500 Builders Have Registered Under MahaRERA In Maharashtra Till Now

2,500 Builders Have Registered Under MahaRERA In Maharashtra Till Now

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2,500 Builders Have Registered Under MahaRERA In Maharashtra Till Now

In order to ensure that all developers in Maharashtra duly register under RERA, the state Real Estate Regulatory Authority (MahaRERA) have insisted home-buyers to come forward and lodge complaints against developers who have failed to register their projects under RERA. This will put pressure on developers who are yet to register their projects before the deadline which is only 3 days away.

Vasant Prabhu, secretary of state RERA stated that anyone can file a complaint against developers and not necessarily home-buyers. He also stated that suitable action will be taken against developers who fail to register their project on or before 31st July. If developers are found guilty of non-registration of project(s) under RERA, they might be subject to penalty of up to 10% of the project cost. As of 27th July, 2500 developers have registered their projects across the state with most number of registrations in Pune, 853 in total. 103 developers have registered in Mumbai city while 487 developers have registered their projects in Mumbai’s suburbs.

Mr Prabhu added that complainants would not have to pay any kind of fees for filing complaints and requested citizens to email their complaints directly to sourcedetails@maharera.mahaonline.gov.in

According to the RERA Act, all ongoing projects in the state which has not received occupancy certificate till 30th April, 2017, needs to be registered on or before 31st July, 2017. As per Section 3 of the Act, developers cannot advertise, sell or market any projects which are not registered under RERA.

Shirish Deshpande of Mumbai Grahak Panchayat cited this as positive step by state RERA authority which will make sure that no developer can continue their projects without registering.

The state RERA authority has also issued a standard operating procedure for dealing with complaints registered by upset buyers of both residential and commercial properties. However, these complaints can be filed against registered projects, by people who have stake in the project and will have to pay a fee of ₹ 5,000 to register the complaint with respective authority.

If there are multiple complaints on certain common points against the same developer or promoter then these complaints will be clubbed and allotted to a specific bench for hearing. The authority will try to pass a judgement within 60 days from date of complaint.

Also Read: MahaRERA Cranks Up The Heat For Ongoing Project Registrations

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