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In cases, where the promoter of a MahaRERA registered project is unable to complete the project in the extended time of one year, granted under Section 6, further extension may be given only in those cases where the concerned association of allottees resolve that instead of revoking the registration, the existing promoter be permitted to complete the project in a specific time period and on payment of same fees as prescribed under the Rules for extension.
Introduction: The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The Act establishes Real Estate Regulatory Authority (RERA) in each state for regulation of the real estate sector and also acts as an adjudicating […]
Article discusses Salient Features of Real Estate (Regulation and Development) Act, 2016, Registration under Real Estate (Regulation and Development) Act, 2016, Exceptions for registration, Process of Registration under RERA, Registration of Real Estate Agent, Functions, Duties and Obligations of Promoter, Rights of Allottee under RERA 2016, Penalties under Real Estate (Regulation and Development) Act, 2016, […]
1. Introduction The Real Estate (Regulation and Development) Act, 2016 (‘RERA’) has been enacted to establish the Real Estate Regulatory Authority for regulation and promotion of the real estate sector and to ensure sale of plot, apartment, building, or sale of real estate project, in an efficient and transparent manner and to protect the interest […]
Since the complainant is also a party to the said proceeding , he can not separately agitate this complaint before the MahaRERA, as it will amount to agitate multiple proceedings on the same issue, which is not permissible in RERA Act, 2016. In the present case since the MahaRERA has already given judgment in the proceeding filed by the complainant through the Rising City Ghatkopar Association, the same issue can not be agitated before the MahaRERA again.
When a complaint is being heard by MahaRERA or an Adjudicating Officer of MahaRERA and the said authority is satisfied that there is a possibility of settlement by way of conciliation, then with the consent of both the parties involved, it may refer the complaint to a designated bench of the Maharashtra Conciliation and Dispute Resolution Forum.
SOP for handling complaints against registered projects and for source information of projects, which ought to have been registered but have not registered.
Whereas based on inputs received from various stakeholders, it has been decided to simplify the procedure for Non-Registered Projects and provide an option for hearing with authority for the information provider to present his / her case.
Under MAHARERA with objective of increasing transparency, accountability and ease in accessibility of information, it is proposed to capture the following details of the project professionals for each project:
i. The Promoters who would register their project after 01.12.2018 should submit quarterly information in Form 2A annexed herewith. ii. The promoter shall upload the information in Form 2A on MahaRERA webpage. iii. The promoter shall upload Form 2A by end of every financial quarter.
