Mary Cummins, Investigative Reporter, Writer, Speaker, Activist In Los Angeles, California February 2020
2) How will Maharashtra RERA Rules give legal authority to the builders to dominate, intimidate & victimize the flat consumers? Just imagine, how this details about Kumar Builders’ previous tasks would have been useful to the flat buyers! 2. More data sharing will probably be completed electronically than in particular person, especially with regard to transactions in progress. Whereas, the RERA Rules of Union Territory calls for greater than the checklist of projects. Still, I discovered CBRE Prop Fair extra pleasant than the last property exhibition. The ‘Application for Registration of Project’ – 1 – VI – on the Page 23 of Maharashtra RERA Rules – solely demands the checklist of completed or below development projects within the last 5 years. Maharashtra RERA Rules not only protect the builders but their real estate agents too! In his 18 minutes Marathi Youtube Video Mr. Vijay Kumbhar, RTI Activist, claims that instead of protecting flat consumers, Maharashtra RERA Rules give legal authority to the builders to dominate, intimidate & victimize the flat buyers.
In brief, instead of eradicating unfair, unlawful & exploitative current business practices of the builders, Maharashtra RERA Rules give authorized status to dominate, intimidate & victimize the flat consumers! This shows that Maharashtra RERA Rules will not be for the protection of the flat patrons however for the safety of the builders. Most of the consumers who’ve booked the flats in Kumar Builders’ KUL Ecoloch & KUL Nation have informed me that they didn’t know that Kumar Builders & Kumar Properties are two completely different corporations! Any evaluation consequence on Kul Nation ? Mr. Kumbhar has come to this conclusion after studying Maharashtra RERA Rules, the unique Real Estate (Regulation and Development) Act 2016 of Central Government of India, and the rules of Real Estate Regulatory Authority (RERA) established in the Union Territories. Actually, if Maharastra RERA Rules are handed as it’s, the actual estate brokers are going to get a license to cheat the flat consumers in Maharashtra!
Rules of Union Territories – don’t give any such license to the actual estate agents. According to above RERA Rules for Union Territories, while filing a complaint in opposition to the builder, a flat buyer has to pay a price of 1,000 rupees only. By eliminating the above clause about Discrimination present in Union Territory RERA, Maharashtra Government has proved the builders are the real authors of the RERA Rules. You may share the above link with your classmates. Buying a luxurious villa in the identical is usually a matter of proud for the owner. 1) Where any real estate agent who has been granted registration certificate quantity commits breach of any phrases and situations specified underneath these rules or laws made thereunder, or the place the Authority is satisfied that such registration has been secured by the real estate agent by misrepresentation or fraud, the Authority might, with out prejudice to every other provisions beneath the Act, both suo-moto or on an application or complaint from the promoter or allottee or revoke the registration or suspend the same for such period because the Authority thinks match and inform all the promoters: Provided that, no such revocation or suspension of registration shall be made by the Authority unless a chance of being heard has been given to the real estate agent.
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2) Where the Authority revokes the registration it shall intimate about the same to the involved real estate agent in Form ‘I’: Provided that, on the revocation of the registration by the Authority of any real estate agent; recent application for grant of registration cannot be made again within a period of six months by such real estate agent. The Regulatory Authority might, on account of reasons specified underneath sub-section (7) of section 9, revoke the registration granted to the real estate agent or renewal thereof, because the case may be, and thầu xây dựng intimate the real estate agent of such revocation as per Form ‘I’. If the candidate needs to hitch the actual estate industry as a salesperson, he/she must submit his/her salesperson’s registration application via a licensed estate agent inside 2 years from the month of the examination which he/she sat for and handed, failing which the examination results will not be valid for salesperson registration functions. This article was created with Công ty xây dựng.
Mr. Kumbhar feels that the builder lobby should have written these RERA Rules & Maharashtra Government could have just published them. Your youngsters will probably be proud of you for elevating objections in opposition to Maharashtra RERA Rules. If passed as it is, Maharashtra RERA Rules will legalize the builder’s ardour for discrimination! This omission in Maharashtra RERA Rules proves that the true intention of Maharashtra RERA is to give legal authority to the builders to dominate, intimidate & victimize the flat patrons in Maharashtra! Because, even after RERA, the flat consumers in Maharashtra aren’t going to get the whole track file of the builder – full data about the builder’s past tasks. You would possibly even miss an excellent alternative. Even after RERA, the builders can take the flat patrons for a trip! 1) The flat buyers would have realized that Kumar Builders & Kumar Properties are two different building firms. Provided your price range can handle proudly owning Pre development condos, there are various advantages that can accompany your purchase. 1) Any aggrieved particular person, having curiosity within the project, might file a complaint with the regulatory authority for any violation below the Act or the foundations and laws made thereunder, save as those offered to be adjudicated by the adjudicating officer, as per Form ‘L’ which shall be accompanied by a charge of rupees Ten Thousand in the form of a demand draft drawn on a nationalized bank in favour of regulatory authority and payable at the primary department of that bank on the station where the seat of the stated regulatory authority is situated.