Afternoon D & C Dedicated To Mumbai
Home > City news > RERA receives more than 90% complaints from homebuyers

RERA receives more than 90% complaints from homebuyers

Friday, March 09, 2018
By Manjiri Chitre

Nearly 2,000 complaints have been received by MahaRERA

In a recent finding, the Maharashtra Real Estate and Regulatory Authority (MahaRERA) has received around 2,000 complaints since the time of its inception from homebuyers as well as developers. Official RERA sources claimed that more than 90 per cent of the complaints are coming from homebuyers.

The Maharashtra Real Estate and Regulatory Authority (MahaRERA) came into force on May 1, 2017. Since its inception, all the developers are bound to be registered under the Real Estate (Regulation and Development) Act, 2016. The authority had given a specific period of time for the developers and agents to register themselves under the MahaRERA act. However, those who missed the deadline, are now paying a penalty for the same.

Apart from that, the Real Estate authority has started an online portal recently which lets the developers as well as the homebuyers to register their complaints. The authority further scans the complaints, and calls the complainant and the respondent for a hearing. Recently, the real estate authority has appointed two adjudicating officers to decide on the penalty while hearing the cases against developers. “Till now, we have almost 2,000 complaints in our hands. However, some of the complaints that we receive are related to civic disputes. Hence, we dismiss them. If we keep on hearing all the cases, including the ones which are not even in our hands, then we will never be able to solve anything in time”, said Gautam Chhaterjee, Chairman, Maharashtra Real Estate and Regulatory Authority (MahaRERA).

According to official sources, more than 90 per cent of the complaints registered are from the homebuyers for cases such as compensation, delay for possession of their houses, completion of the project and so on. “The most common issues we receive, are of allottees, delay for the possession, omission and commissions. And most of the complaints we receive are pertaining to homebuyers”, said Vijay Satbir Singh, a member of the Maharashtra Real Estate and Regulatory Authority (MahaRERA).

So far, around 15,000 projects have been registered under the MahaRERA and more than 13,000 agents have been registered.

No Comments Posted
People participated in a procession on the occasi
People are raving about Sri Sri Ravi Shankar’s ...
Fashion icon and exporter Rita Dhody’s lovely you
My sex organ becomes hard very often nowadays and
Dr. Rajan B. Bhonsle, M.D. (Bom)
Consulting Sex Therapist & Counsellor
Dr. (Mrs.) Minnu R. Bhonsle, Ph.D.
Consulting Psychotherapist & Counsellor
Select Sun sign:
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)Stick to routine work where there are better chances of good profits. A quick turnover in finances will make you look for new areas of investment. It is not a time to bring about any changes. Build assets through saving for the long term. With certain developments in your life today you will be content. Your mate will be happy for your chance to live your dreams for real and share them.
- Advertising -
Global events will be crucial in deciding the tre
Demonetised Rs 500 and Rs 1,000 notes, which have
As the electric vehicle markets stand on the brin
Read More