Maha-Rera initiates actions against 120 developers in Pune and Mumbai

Maha-Rera initiates actions against 120 developers in Pune and Mumbai
23/10/2018 , by , in News/Views

We are hearing cases against 120 out of the 300 developmental projects that was identified by the Maha-Rera. Hearing for the rest will also begin soon. It is mandatory for all developers to come under the purview of the Rera act,” said Gautam Chatterjee, chairman, Maha-Rera.

Maharashtra real estate regulatory authority (Maha-Rera) identified 300 projects in Pune and Mumbai, as of May 2018, which were under development but had not got the required approvals from the agencies concerned.

Despite repeated requests from Maha-Rera, the developers refused to register the projects under the Maha-Rera Act even though it is mandatory under law. Consequently, action was initiated.

“Strict action will be taken against developers who fail to abide by the Act and continue to work without seeking proper sanctions and approvals,” Chaterjee said, adding that Rera courts will announce verdicts on these 120 cases in the next two months.

As per the Rera act, the court has to complete the cases in a given time frame of 60 days from the date of filing. Chatterjee refused to reveal the breakdown of how many of the 120 projects were in Pune or to name any at this stage.

A senior official from the Pune Rera office requesting anonymity said ,“The authorities have written to the district collectors and municipal commissioners of both the regions where these projects are being developed. We will examine all the documents and sanctions that the developers must possess before commencement of work.”

We will ask the concerned government agencies to act against such developers under the Maharashtra regional town Planning Act, the official said.

About admin