RERA Maharashtra - Developers fined for delay in registering their projects

RERA Maharashtra - Developers fined for delay in registering their projects

As per the RERA Act, developers had to register their ongoing projects on or before 31st July, 2017. Those who have missed this deadline have been fined by Maharashtra RERA . Under MahaRERA approximately 2000 developers are at the risk of incurring fines for not submitting their projects for registration, before the deadline. Developers who have applied to register their projects between 31st July and 2nd August 2017, have already been fined with Rs. 50,000. This penalty has further been increased to Rs.1 lakh or the cost of registration of their project, whichever is higher, for those who have applied for the registration between 3rd August and 16th August. Meanwhile application received after 16th August, will be treated individually on a case to case basis and penalty will be decided by MahaRERA.

MahaRERA has warned Maharashtra developers with strict action if they fail to register their ongoing projects by August 31. A senior RERA official stated that, a total of 12,750 applications for project registrations have been received so far of which 8500 projects have been registered.

Developers, who have provided inaccurate information at the time of their project registration, have been contacted by MahaRERA . to rectify the wrongly provided details and have been asked to make the necessary corrections in the official RERA website. According to an official from RERA Maharashtra, all the project documents submitted by the developer will be thoroughly verified, before issuing the registration certificate.

Consumer’s complaint against developers:

Through the complaint window of MahaRERA website, 31 complaints have already been received from the consumers against developers. According to the Chairman of Maharashtra RERA, Gautam Chatterjee , most of the complaints are related to delayed project completion and delivery while others are concerning the lack of proper documents, like permissions and plans for developing the project. The Chairman has assured that appropriate action would be taken against the defaulters, as per the RERA rules.

The Maharashtra government notified the RERA rules on 1st May 2017. According to the rules, the projects which have not received the occupancy certificate before 1st May 2017 will come under the definition of ongoing projects and the developers have to register their ongoing projects with the RERA.

APNA RERA invites the developers of RERA registered projects to participate in our Campaign for RERA in India (CRAI) and help people know more about your RERA registered projects.

Click here to update your projects’ RERA registration details at APNA RERA.

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