MahaRERA receives 2 complaints against builders over last one week

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[Until the midnight of July 31, the regulator has received total 10,852 applications for registration of ongoing projects across Maharashtra]
The Maharashtra Real Estate Regulatory Authority has received two complaints from homebuyers against developers over the last one week. However, the regulator has not received any complaints on first day after the deadline for registering ongoing projects came to an end on July 31, said an official from MahaRERA.

Until the midnight of July 31, the regulator has received total 10,852 applications for registration of ongoing projects across Maharashtra.

The regulator is expected to take at least a month to process all the applications that have come so far and register all the projects. While these complaints have been made against the developers of ongoing projects, only after these projects are registered, the authority will be in a position to initiate any action on valid complaints, the official said.

The government enacted the Real Estate (Regulation & Development) Act 2016 and all the sections of the Act have come into force with effect from May 1 this year. Maharashtra was one of the first states to notify its rules under the Act and establish MahaRERA.

Courtesy: ET

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