Skip to main content

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

flats

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. 
*Special OFFER
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





Comments

  1. Expenses Receipt9 January 2022 at 02:52

    Hi dear,

    Thank you for this wonderful post. It is very informative and useful. I would like to share something here too.Expenses Receipt: Best Online Receipt Maker / Receipt Generator for custom receipts, choose the simple receipt template and itemized receipt template to make a free custom receipt maker. Make a receipt that looks like original.

    make a receipt



    ReplyDelete
  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.

    ReplyDelete

Post a Comment

Popular posts from this blog

RERA Self Declaration to be submitted by the Promoters to the Bank

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...
2 comments
Read more

Deadline July 31, but only 350 of 9,000 Maharashtra builders sign up with RERA

MUMBAI: Around 9,000 builders  in the state are expected to register their projects under the  MahaRERA, but only 350 of them have done so since May 1, when the regulations came into effect, reveal MahaRERA authorities. The deadline for registration is July 31. If builders don't register their projects, they face fine under the RERA and even a jail term in case of repeat offence. Industry experts say the poor registration rate might be an effect of the slow pace of construction projects and absence of new launches. Around 80,000 residential units remain unsold in the Mumbai Metropolitan Region, which is second after the National Capital Region which has 1.6 lakh unsold units. Explaining the current situation, Ramesh Nair chairman of CII Realty and Infrastructure Conclave and CEO & Country Head, JLL India, said, "The number of new launches has come down and the focus has shifted to completion of existing projects. The profitability has f...
2 comments
Read more

Big boost for home buyers: Projects received part occupation certificate to come under MahaRERA

In an order that would set a precedent for future cases related to part occupation certificate, the MahaRERA (Maharashtra Real Estate Regulatory Authority) in an interim order dated September 12 has held that the project will come under its jurisdiction even though it has received part occupation certificate. In its order, MahaRERA implied that having part occupation certificate means the project is not completed. The ruling is very significant as getting part occupation certificate for the projects is quite a trend among the developers in Maharashtra. HIS-ERP.COM “This will be a welcome order for the home buyers. The projects with part occupation certificate will now be considered as ongoing projects. This means, they will now come under the purview of RERA,” said Apurva Kanvinde, senior associate, Juris Corp. The order was passed in a complaint filed by Haresh Jethmal Asher against Bellissimo Crown Buildmart, which is a subsidiary of Lodha Developers. The buyer ha...
3 comments
Read more