September 05, 2018

The government representatives of six states — Goa, Gujarat, Uttar Pradesh, Telangana, Chhattisgarh and Karnataka — have sought a detailed outline from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for implementing RERA in their states.

The state housing department confirmed the development. MahaRERA Secretary Vasant Prabhu said the representatives of the states had discussions with the MahaRERA officials. A workshop would be arranged for these states on September 10 at Yashwantrao Chavan Academy of Development Administration to showcase the functioning of MahaRERA. The minister of housing and urban affairs Hardeep S Puri would attend it.

With over 17,000 projects having been registered with MahaRERA, the other states are drawing flak from the Union government for the non-implementation of RERA.

Prabhu said, "In the past two years, we have been able to not only get more than 17,000 projects registered but also issued several orders, mainly for delay in completion of projects. The appellate tribunal and the counselling helped the customers."

The ratio of registrations and addressing grievances is much higher and more effective in Maharashtra than other states. "No wonder our model has turned out to be very successful," said an official of the housing department.

He said the developers in Maharashtra were also displaying their MahaRERA registration numbers in their projects' advertisements and more than 80% of the buyers were being addressed at the primary-level.

The Confederation of Real Estate Developers' Association of India (Credai), Maharashtra, President Shantilal Kataria said many other states should take a leaf out of how Maharashtra initiated the rules in time. "In two years, several credits go to the authority," he said.

The software for putting up all the details on the MahaRERA website should be an added attraction.

A recent report of Anarock property consultants stated that out of all the states and Union Territories in India, Maharashtra takes the first place when it comes to proactive RERA adoption, its implementation and integration, followed by Uttar Pradesh, Gujarat and Madhya Pradesh.

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Source:magicbricks.com