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MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY
“Housefin Bhavan”, Plot No.C-21, “E”-Block. Bandra – Kurla Complex,
Bandra (East), Mumbai 400 051, Date 22nd December, 2021.
MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY (GENERAL) (AMENDMENT) REGULATIONS, 2021.
No. MahaRERA/Regulation/280/2021.—In exercise of the powers conferred on it under sub-sections (1) and clause (i) of sub-section (2) of Section 85 of the Real Estate (Regulations and Development) Act, 2016 and of all other powers enabling it in that behalf, the Maharashtra Real Estate Regulatory Authority, hereby makes the following regulations to amend the Maharashtra Real Estate Regulatory Authority (General) Regulations 2017, namely : —
1. Title and Commencement: –
(1) These regulations may be called the Maharashtra Real Estate Regulatory Authority (General) (Amendment) Regulations, 2021.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. Principal Regulations: – These regulations amend the Maharashtra Real Estate Regulatory Authority (General) Regulations, 2017 (hereinafter referred to as “the principal regulations”).
3. Regulation 3 of the principal regulations shall be substituted with:
“3. The certificates, issued by the project architect, project engineer, chartered accountant and submitted to the banks for getting release of money from the separate account shall he in Forms 1, 2 and 3 respectively. The certificate issued by the project architect on completion of registered real estate project shall be in Form 4.”
4. In regulation 3A of the principal regulations, the words “This form shall be submitted at end of every financial quarter.” shall be substituted with “This Form shall be submitted at end of every financial year.
5. In regulation 4, the words “statutory auditor” wherever appearing, shall be replaced by “annual auditor”.
6. In the principal regulations, “Form – 1” shall be replaced by Form – I appended as Annexure `A’ herein.
7. In the principal regulations, “Form – 2” shall be replaced by Form – 2 appended as Annexure ‘B’ herein.
8. In the principal regulations, “Form – 2A” shall be replaced by Form – 2A appended as Annexure ‘C’ herein.
9. In the principal regulations, “Form – 3” shall be replaced by Form – 3 appended as Annexure ‘IT herein.
10. In the principal regulations, “Form – 4” shall be replaced by Form – 4 appended as Annexure `E’ herein.
11. In the principal regulations, “Form – 5” shall be replaced by Form – 5 appended as Annexure ‘F’ herein.
DR. VASANT PRABHU, Secretary,
MahaRERA.
Download Maharashtra Real Estate Regulatory Authority (General) (Amendment) Regulations, 2021
