Maharashtra RERA Chairman Interview with the Times of India !!

Following is the interview the Times of India had with the Chairman of MahaRera Mr. Gautam Chatterjee. This interview appeared in the Times of India, Pune edition of 21st May 2017. The same is being appended to this blog for the information of readers, consumers, agents, and builders:

The MahaRera Chief says that fiscal discipline, transparency, accountability, customer centricity, and compliance were the main five pillars in the rule that will certainly empower consumers to invest in the right projects.

MahaRERA chief says to TOI that action will be taken for non-registration from 1st August 2017.#RERA #MahaRERA #Realty #RealEstate
— Avadhoot Dandekar (@Webtwits) May 22, 2017

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State rules can’t be in violation of RERA provisions, says the Central Government !!

The following news appeared in the Times of India, Pune edition of 22nd May 2017. The Central Government has again clarified that the States can not dilute the essence of the RERA provisions. It is a settled law that subordinate legislation such as rules, regulations, schemes etc. cannot be in violation of the provisions of the principal Act and any such provision inserted in the rules will be open to legal challenge and liable to be struck down by the courts, Minister of State for Housing, Rao Inderjit Singh said in a letter to Haryana chief minister Manohar Lal Khattar. Opinion: It has been in the news that many states are trying to dilute the RERA provisions by promulgating weak state rules which are inconsistent with the Central RERA legislation. This will result in an unnecessary litigation and go against the very objective of bringing RERA. The states are obliged to promulgate rules that are consistent with the central legislation and they should refrain from diluting th

RERA Authorities in India

Under Section 20(1) of the Real Estate Regulation Act 2016, the Appropriate Government will have to establish the Real Estate Regulatory Authority. Following is the status of all the Real Estate Regulatory Authorities of the States and the Union Territories:

RERA AND REALTY

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