News

August 14, 2019

Centre to direct Maharashtra to bring unregistered projects under MahaRERA


[ by Legal Era News Network ]

MahaRERA

Hardeep Singh Puri, Union Minister of housing and urban affairs would be directing the Maharashtra Chief Minister and the Maharashtra Real Estate Regulatory Authority (MahaRERA) to bring unregistered projects under the ambit of MahaRERA.

In a meeting of the ministry of housing and urban affairs in Delhi under the chairmanship of Union Finance Minister Nirmala Seetharaman, various issues were discussed concerning the real estate sector. In the meeting, Shirish Deshpande, the chairman of Mumbai Grahak Panchayat expressed that there was no need to amend Section 4(2)(c) of the Real Estate Regulatory Authority Act and projects could be registered with RERA without commencement certificate. According to Deshpande, this would help bring unregistered projects under MahaRERA.

The state real estate regulatory authority has proposed an amendment to the existing rules to bring the rehabilitation and sale components of redevelopment projects under the ambit of MahaRERA.

A letter has been sent by MahaRERA to Chief Minister Devendra Fadnavis for his approval on the amendment proposal.

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