With just about 20 registrations and about 44 projects lined up for registration, of which 42 are ongoing projects, the pace of registration has been slow ... as on 12th June, 2o17.
For Registration visit www.GoRERA.com (Only 11 days left) Circular No. 3/ 2017 No.MahaRERA/Secy/File No .27 /79/2017 Date : 0 7 th June 20 1 7 . Self Declaration to be submitted by Promoters to the Bank. Whereas the MahaRERA Authority, under section 37 of the RERA Act, 2016 and Regulation 38 of the MahaRERA (General) Regulations 2017 is vested with the powers to issue directions and orders to promoters, real estate agents and allottees from time to time for effective implementation of the Act and to achieve the underlying object behind the Real Estate (Regulation and Development) Act, 2016. Whereas the promoter under section 4(2)(l)(D) of the Real Estate (Regulation and Development) Act, 2016 is required to deposit seventy per cent of the amounts realised for the real estate project from the allott ees in a separate account to be maintained in...
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