RERA: Maharashtra to notify final rules in March

RERA: Maharashtra to notify final rules in March

The Maharashtra government is ready to publish final rules for the real estate act this month.

A senior official stated that "There will be no dilution of the act from our side. There were concerns from consumer bodies after the draft rules were published and hearings were held by the department. After the hearing, necessary amendments have been incorporated in the rules, which are in accordance with the central act. We are working towards implementing RERA from May 1st 2017."

Further, the official told the reporters that the file was submitted last month but due to municipal corporation elections, it was not cleared.

The Maharashtra government published the draft rules in December and asked for suggestions from consumer bodies. Total 650 suggestions and objections were heard, many of which were prescribed by central government but was not drafted in state government's rules.

According to Advocate Shirish Deshpande from Mumbai Grahak Panchayat, if the new rules for the RERA by the state government is undiluted then it will be acceptable by the people. He also added that we have been told that our suggestions were incorporated, however, until I see the printed rules I won't be assured.

Ashutosh Limaye, national director of research in JLL stated that "The fly-by-night operators will definitely be affected after the implementation of RERA," Limaye said.


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Old Comments :

    shanker pai

    ADV SHANKER PAI FOR RERA MATTERS ===================================== ALL TO NOTE 1) RERA IS A LEGISLATION IN THE INTEREST OF ALL 2) HOUSING IS A BASIC NECESSITY 3) WITHOUT HOUSING IT IS DIFFICULT TO MAKE USE OF FUNDAMENTAL RIGHTS UNDER THE CONSTITUTION 4) LET US TRY TO USE THE LAW FOR THE BENEFIT OF THE COMMON MAN SINCE IS A PROBLEM FOR POOR , MIDDLE CLASS AND THE RICH AND TH IN DUSTRIALIST AS SEEN BY THE LITIGATION FOR THE FALT BUNGLAS 5) LET THE LAW BE IMPLEMENTED IN THE RIGHT SPIRIT AND LAWYERS NOT TO ALLOW ANYBODY TO EXPLOIT THE LOOPHOLES SO THAT THE COMMON MAN AND THE COMMUNITY SUFFERS

    Usman Baig

    My flat is not ready yet. We are in touch with builder but work is stopped. Pls suggest

      NarayPandey

      you waited till now. Now you wait for 2 more months for RERA .. Lodge your complain concern.

        Usman Baig

        Dear Pandey, will they take compliant individual or group?

    Domb Consult

    How can we register with RERA ? When the registration starts? What are the charges and requirements? I am real estate broker in Thane and Navi Mumbai.

      Deepa Kulkarni

      I am channel partner for Hiranadani and some of the know builders. For registration wait till final notification You can check in RERA office in Mumbai

    Jade Kokkar

    Jai Maharashtra!!! :) Live long RERA…. Awaiting for new chapter in Maharashtra real estate !!

    Narayan Pandey

    any dilution in the rules !!! Which is favouring developer??

      J P Borivili

      RERA cannot wait for further clarification from the public. As per my knowledge I hope state draft is like central govt with some minor changes which will not effect common buyers like us.

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