MahaRERA to take support of their citizens to eliminate the defaulters.
MahaRERA also known as Maharashtra Real Estate Regularity Authority comes with a great initiative where they are asking citizens to be their informers. Well, don’t be suspicious, the step is actually going to benefit them only. Upon implementation of this move any aware citizens of Maharashtra can complain of any unregistered projects on the MahaRERA portal without spending any money.
We all know any project or Act started by the government can only be a success when their citizens work along with it. Real Estate Industry is no different to others. Albeit, RERA has been impactful to eliminate the defaulter from the trusted developers, still one can’t deny the loopholes associated with it. The good thing is RERA, is working on it and the authority has been checking all the possible ways to make it 100% effective. The recent circular is one such example where citizens of Maharashtra will join hands with the MahaRERA to bring down the unregistered developers.
The entire process of registering a complaint has been kept simplified so that as many numbers of defaulters can be filtered out. Let’s see how the whole process works.
With more than 18,000 applications and 17,000 registered real estate agents it has already been a successful move from MahaRERA. This is why to facilitate the campaign the authority also thinking of starting a central email-id where citizens of Maharashtra can directly inform about such projects.