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Rajasthan RERA Springs Into Action As Four Builders Violates The Law In Jaipur

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Rajasthan RERA

The Real Estate Regulatory Authority (RERA), Rajasthan has issued advisory against the four developers, who were found to be violating the rules. Two of the developers were issued show cause notices for advertising their projects without getting registered under the RERA (Rajasthan), while a fine was imposed on the other two developers for not depositing required documents. As the developers in Rajasthan are allegedly missing the deadlines and not keeping up to their promises, this action by RERA on the technical grounds might be a good beginning to rein them in.

The Real Estate Regulatory Authority (RERA) is taking action against the developers, who failed to submit the documents for registration of their ongoing construction projects under the RERA Act. According to the RERA official, the authority is planning to issue notices and provide final seven days’ time to these defaulters. There are nearly 200 ongoing projects, where the respective builders have not deposited complete documents. Now these builders will have to deposit the remaining documents along with penalty. If the required documents are not provided, then the project will be cancelled and termed as ‘illegal’.

Builders of two housing projects, Galaxy Manglam Grand City and Ginni Homes, were imposed with penalty of four times project fee for failing in submitting the required documents, even after registering the project online with RERA. It was later informed that these two developers have violated section 3 of RERA Act 2016. A 15 days’ time period has been provided by the authority. In case, the builders fail to stick to the given deadline, RERA will order a cancellation of the project registration and take appropriate action in accordance to the rules.

Similarly, two other notices were issued under Section 35(1) under the RERA Act 2016 to Manglam builders and Shubham Group for advertisement of their projects without prior registration. On January 9, the notice was issued by RERA, exercising its powers taken by the u/s 35(1) of the Real Estate (Regulation and Development) Act, 2016 for contravention of section 3 and 11 of the Act. In which any kind of violation committed by the builder by advertising in market, or offering for sale or inviting persons to purchase in any manner, any apartment or building in the real estate project prior to registration of the sale, will be prohibited.

The authority has instructed these developers to stop such illegal action immediately and explain in writing within seven days. A penalty would be imposed if the developers are found guilty. If no explanation is provided within the given time, the authority may pass necessary decision in accordance with the law. Shubham Group was allegedly found guilty for publishing advertisement in newspaper inviting booking for Shyam Vatika, a residential township, which is coming up on Diggi Road. Similarly, Manglam Build Developers Ltd allegedly published advertisement of invites for booking in Manglam Aroma project in Patrakar Colony. The buyers are encouraged to register their complaints with the regulatory authority. In case of a fraud, the consumers can go forward after checking the registered project profile on the RERA online portal. Even if they have booked a flat in a residential complex, they can inform the authorities about their developers not registering on portal.

The builders also believe that this ‘Act’ will bring a transparency in the system, which would definitely benefit the customers. As most of the genuine developers have already registered their ongoing projects with RERA. This new system has eradicated non-serious developers from the market, hence protecting the interest of the home buyers.

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