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Soon, realtors will have to display 'approved plans' on construction sites

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From now on, realtors will have to display approved building plans on the site of their project. In a Supreme Court order, it has been made mandatory, and Consumer forum in Mumbai claims that MahaRERA has agreed to their demand on the same. This they say will help a home buyer in knowing where is he putting his money. 
A section in the order stated that, "...keeping in mind the provisions of RERA and their objective, the developer should mandatorily display at the site the sanction plan. The provision of sub-section (3) of Section 11 of the RERA require the sanction plan/layout plans along with specifications, approved by the competent authority, to be displayed at the site or such other places, as may be specified by the Regulations made by the Authority. In our view, keeping in mind the ground reality of rampant violations and the consequences thereof, it is advisable to issue directions for display of such sanction plan/layout plans at the site, apart from any other manner provided by the Regulations made by the Authority. This aspect should be given appropriate publicity as part of enforcement of RERA."
Advocate Shirish Deshpande, chairman of Mumbai Grahak Panchayat, a consumer body, "MahaRERA agreed to our demand to  issue instructions to Developers to display approved building plans on the site as per SC order. Such display will prevent deception of home buyers and false /misleading promises by unscrupulous builders."
At present, it is mandatory for a developer to submit the sanctioned plans on the MahaRERA website and it is available to common public too. Anybody can visit the website and check the details on the website pertaining to any of the projects that are registered with the authority. 
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Sanctioned plans means the plan that is approved by the local planning authority, which includes Municipal corporation, when implemented, it will give buyer an upper hand, as they will be aware about the exact plan even when they visit the site of the construction.


Source:dnaindia.com





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  2. Real Estate Company14 October 2022 at 02:24

    An informative and engaging article, investors may find this property a boon. Maharera consent is the opportunity for the real estate company in Mumbai to make a hay while the sun shines.

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