From January 1, 2023, liasoning agents shall not be permitted to attend MahaRERA olfice, for updates/enquiries in the matter regarding real estate project registration extension and correction.

MahaRERA has come with a circular that has now prohibited Liasoning agents from entering the MahaRERA office for certain activites.

In the matter of real estate project registration, extension and correction, documents as most specifically mentioned in various provisions of the Act, the Rules and the Regulations made thereunder as amended up-to-date are required to be submitted by promoters.

The circular reads, whereas, on scrutiny of the documents as submitted it is noticed that the documents is/are not submitted in compliance and in consonance or in the formats or timelines prescribed under the various orders and circulars issued by the Authority.

The ciruclar claims that the above necessitates issuance of scrutiny remarks and sending back to the promoters the application forms for undertaking necessary corrections. Even after issuance of scrutiny remarks it is noticed that the applications are resubmitted without complying with the scrutiny remarks or after partly complying with the scrutiny remarks resulting in delay in the
matter of real estate project registration, extension and correction.

Hence, MahaRERA has laid procedure that shall be Iollowed from January 1, so as to enable expeditious process of application received for real estate proiect registratiory extension and correction.

Self-Regulatory Organizations (SROs) registered with MahaRERA shall nominate 2 (two) persons who shall attend MahaRERA Office and the names of such nominated persons shall be given to Secretary/MahaRERA within 7 days.

If there is any change in this regard, such change shall be intimated immediately.
The persons so nominated by SRO’s shall be given the following information:
(i) SRO registration number of the promoter
(ii) The number of the application submitted by the promoter
(iii) The scrutiny remarks issued by MahaRERA The above information shall be given only to the nominated persons of such of the SRO’5 with whom the promoter is registered.

The nominated persons shall then follow up with such of the promoters registered with the respective SRO’s and ensure that the scrutiny remarks are complied.

MahaRERA concerned staff shall lend all necessary help, assistance and guidance to the nominated persons so as to enable the nominated persons to understand and get the scrutiny remarks resolved as per the requirement of MahaRERA

From the date of coming into force of this circular, liasoning agents shall not be permitted to attend MahaRERA office (or updates/enquiries in the matter regarding real estate project registration extension and correction.

Only in exceptional and complex cases shall promoter be permitted personally or through a representative duly authorized to attend MahaRERA office for resolving issue however, in that event also the concerned nominated person shall be present along with the promoter.

Self-regulatory Organizations (SRO) – includes six bodies, they are NAREDCO, CREDAI-MCHI, CREDAI-Maharashtra, Builders Association of India Maharashtra State, Marathi Bandhkam Vyavsayik Association, Brihanmumbai Developers Association. These bodies represent the developer community in the state of Maharashtra.

Also Read: MahaRERA cancels registration of 15 projects in KDMC

You May Also Like

Anu Malik, Along With His Wife Anju Malik, Sells Property Worth Rs 14.49 Crore in Mumbai

Bollywood composer Anu Malik and his wife, Anju Malik, have sold two luxury apartments in Santacruz West, Mumbai, for Rs. 14.49 crore, according to property documents.

Century Real Estate Secures ₹450 Crores in Pre-Launch Sales for Codename Built Rare

Century Real Estate has reported ₹450 crores in pre-launch sales for its ultra-luxury project, Codename Built Rare, situated in Indiranagar. Spanning 8.5 acres and featuring 347 high-end residences, the project aims to capitalize on the rising demand for luxury housing in Bengaluru. With construction underway, it is projected to generate total revenue of ₹2,200 crores across two phases.

Know How Much your Housing Price will Increase?

A Reuters poll forecasts a 7.8% rise in India’s house prices for 2024, primarily driven by luxury real estate demand. The CREDAI Housing Price Tracker reveals substantial price hikes in Bengaluru, Hyderabad, and Delhi NCR, while Mumbai’s prices remain stable.

PMAY (U) achieves milestone;1 crore houses sanctioned.

Prime Minister Narendra Modi’s Dream Project PMAY (U) has reached a record.…