As per, the Real Estate (Regulation and Development) Act, 2016 a significant emphasis is placed on the Quality of Construction. Section 14(3) of the Act stipulates that “In case any structural defect or any other defect in workmanship, quality or provision of services or any other obligations of the promoter as per the agreement for sale relating to such development is brought to the notice of the promoter within a period of five years by the allottee from the date of handing over possession, it shall be the duty of the promoter to rectify such defects without further charge, within thirty days, and in the event of promoter’s failure to rectify such defects within such time, the aggrieved allottees shall be entitled to receive appropriate compensation in the manner as provided under this Act.”.

While the Act does provide remedial measures for defect rectification, it is essential to recognize that the best approach to safeguarding the interests of homebuyers is not limited to offering remedies after defects have surfaced. Instead, the focus should be on establishing processes and standards that minimize the likelihood of defects occurring in the first place.

MahaRERA has now proposed a proactive approach centred on quality assurance as its primary objective. This approach supports preventing defects from arising initially, thereby obviating the need for costly rework. By ensuring rigorous standards of material quality and workmanship throughout the construction process, real estate projects can be executed with a defect-free outcome that adheres to strict quality standards.

This proactive stance not only benefits homebuyers by delivering high-quality homes but also contributes significantly to the sustainability and reputation of the real estate industry. It highlights the importance of quality assurance as a preemptive measure rather than just a reactive one, ultimately bolstering the trust and confidence of homebuyers in the real estate market.

In light of this, MahaRERA is desirous of developing Framework for Quality Assurance Reporting. It is proposed that developers should report on Quality of Materials used, Workmanship etc. on bi-yearly basis, which shall be displayed to homebuyers for informed decision making.

In this regard, we kindly request your valuable inputs for development of Framework for Quality Assurance for Real Estate Projects in Maharashtra. Please submit your input to suggestions.maharera@gmail.com by the deadline of October 31, 2023.

Also Read: 291 Real Estate Projects May lose MahaRERA registration on Nov 10

You May Also Like

Gudi Padwa is here & builders are back with festive offers

Gudi Padwa is one of the biggest festival when it comes to…

Metro corridors leads to an 8-10% rise in land prices

Metro rails have been the lifeline of many Indian cities and have…

Homebuyers here’s some bad news for you

Dear homebuyers here’s some bad news for all of you, and I…

Asia Pacific cities facing an unprecedented shortage of sustainable office buildings

Major cities in Asia Pacific will be faced with a demand-supply gap…