+917292009966 +917292006699 Whatsapp
Tasha Realty
 
 

News: Centre to form state committees for better execution of RERA orders-10-06-2022

https://realty.economictimes.indiatimes.com/news/industry/centre-to-form-state-committees-for-better-execution-of-rera-orders/92116714

A senior official from the ministry of housing and urban affairs told TOI on Thursday that a detailed note on the Centre's recent decision on the formation of the committees had been sent to all states.

PUNE: The ministry of housing and urban affairs will form committee s with stakeholde rs such as homebuyer s, developers and RERA officials from each state to examine cases, for which orders passed by the real estate regulatory authorities have not been complied with.

Five years have passed since the Real Estate (Regulation and Development) Act was implemented. But noncompliance of orders passed by the real estate authorities is a cause for concerns, particularly for several aggrieved homebuyers. The issue was raised by the homebuyers' forum at the Central Advisory Council meeting in April.

A senior official from the ministry of housing and urban affairs told TOI on Thursday that a detailed note on the Centre's recent decision on the formation of the committees had been sent to all states. He said the central officials were following up with the states on the order. "The states will provide the Centre with their inputs, Formation of the committees will help all stakeholders," the official said.

Homebuyers' representatives said while many states had issued the orders, the implementation aspect was poor. "It (formation of the committees) is a good initiative. It seems that the Centre is keen on taking the issue forward, as many states have not put out the data regarding the implementation of orders issued by the real estate authorities," said Abhay Upadhyay, president of the Forum for People's Collective Efforts.

In Maharashtra, which leads the states in terms of registration of projects, citizens often raise issues regarding non-implementation of recovery warrant orders by the revenue department. These orders were supposed to be implemented within a specific time. "Justice delayed is justice denied. There are rules in the Act to penalize the builders found at fault. But the rules are rarely implemented," said Ramesh Prabhu, chairman of the Maharashtra Societies Welfare Association.

Arun Seth, a homebuyer, said a recovery warrant order worth nearly Rs76 lakh issued by MahaRERA in 2019 against the developer from whom he had bought a property was yet to be executed. "The state revenue secretary recently directed all collectors to ensure that the orders were implemented. I hope that the collectors will ensure execution of the orders," he said.

DISCLAIMER: This website and the Information contained is in the process of being updated and the contents are under review/revision in terms of the Real Estate Regulation Act, 2016 and Rules there under (RERA), and will be reviewed from time to time. Till the time that the contents are fully updated, the same shall neither be construed to be any kind of advertisement, solicitation, marketing, Booking, offer for sale, invitation to offer within the purview of RERA and shall have no binding effect on the Company and nor constitute any offer and/or acceptance and/or contract and/or agreement and/or transaction and/or any intention thereof and/or a disclosure under any statute of any nature whatsoever. Please call to check the updated pricing, status etc. The photographs contained herein may be actual/stock/standard photography or rendered images used for the purpose and have been taken at a location other than the project site and are used to indicate a conceptual lifestyle. Actual product may vary/differ from what is indicated herein. The location info shown are indicative and selective representation of certain elements present/that may be present in and around the city/project site. No representations are made regarding existence/continuity of existence of any landmarks/locations shown. The landmarks/locations may be subject to change from time to time and such changes are completely outside our control. No representation or warranty is made or intended as to the accuracy or completeness of information under this website or as to its suitability or adequacy for any purpose. Before making a decision to purchase, you are requested to independently, either directly or through your legal/financial consultants, thoroughly verify all details/documents pertaining to the respective project as available on the respective RERA sites.The Company is not liable for any consequence of any action taken by the viewer relying only on such material/ information that is presently displayed on this website.