Conciliation pick for home buyers from Jan before MahaRERA plaints
The Maharashtra Real Estate Regulatory Authority (MahaRERA) will, from January 2018, provide consumers with the conciliation option on its website before they register complaints against developers.
For the consumers going for the new option, MahaRERA is planning to set up 15 conciliation benches – 10 in Mumbai and 5 in Pune. The benches will try to work out a compromise formula before a consumer files a complaint under the Real Estate Regulation Act (RERA) or before the authority starts hearing the case.
Two members each will be appointed for the 15 benches with representations from the developer’s body and the association of consumers. For the Mumbai bench, one representative will be from the National Real Estate Development Council and another from the Mumbai Grahak Panchayat (MGP). In Pune, the bench will be represented by a Confederation of Real Estate Developers Association of India (Credai) member and another from MGP.
Sources said the benches will be set up with effect from January and the MahaRERA website will provide all related details. “MahaRERA is working on the software and the details will be soon on the website to help the consumers select the option of the bench and other details,” a source said.