Mary Cummins, Investigative Reporter, Writer, Speaker, Activist In Los Angeles, California February 2020
2) How will Maharashtra RERA Rules give authorized authority to the builders to dominate, intimidate & victimize the flat consumers? Just imagine, how this details about Kumar Builders’ previous projects would have been priceless to the flat consumers! 2. More info sharing will likely be finished electronically than in person, particularly with regard to transactions in progress. Whereas, the RERA Rules of Union Territory demands more than the listing of initiatives. Still, I found CBRE Prop Fair more nice than the last property exhibition. The ‘Application for Registration of Project’ – 1 – VI – on the Page 23 of Maharashtra RERA Rules – only calls for the checklist of completed or under development tasks in the final 5 years. Maharashtra RERA Rules not solely protect the builders however their actual property agents too! In his 18 minutes Marathi Youtube Video Mr. Vijay Kumbhar, RTI Activist, claims that instead of defending flat consumers, Maharashtra RERA Rules give authorized authority to the builders to dominate, intimidate & victimize the flat buyers.
In short, as an alternative of eradicating unfair, illegal & exploitative current enterprise practices of the builders, Maharashtra RERA Rules give authorized standing to dominate, intimidate & victimize the flat buyers! This exhibits that Maharashtra RERA Rules usually are not for the protection of the flat consumers but for the safety of the builders. Many of the patrons who have booked the flats in Kumar Builders’ KUL Ecoloch & KUL Nation have instructed me that they did not know that Kumar Builders & Kumar Properties are two totally different companies! Any analysis consequence on Kul Nation ? Mr. Kumbhar has come to this conclusion after learning Maharashtra RERA Rules, the original Real Estate (Regulation and Development) Act 2016 of Central Government of India, and the principles of Real Estate Regulatory Authority (RERA) established within the Union Territories. Actually, if Maharastra RERA Rules are passed as it’s, the real property agents are going to get a license to cheat the flat buyers in Maharashtra!
Rules of Union Territories – don’t give this sort of license to the real property brokers. In accordance with above RERA Rules for Union Territories, while filing a complaint in opposition to the builder, a flat purchaser has to pay a charge of 1,000 rupees only. By eliminating the above clause about Discrimination current in Union Territory RERA, Maharashtra Government has proved the builders are the real authors of the RERA Rules. You can share the above link together with your classmates. Buying a luxury villa in the identical generally is a matter of proud for the proprietor. 1) Where any real estate agent who has been granted registration certificate number commits breach of any phrases and conditions specified underneath these guidelines or rules made thereunder, or where the Authority is glad that such registration has been secured by the real estate agent through misrepresentation or fraud, the Authority might, with out prejudice to some 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 interval because the Authority thinks fit and inform all of the promoters: Provided that, no such revocation or suspension of registration shall be made by the Authority unless an opportunity 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 software for grant of registration can’t be made once more inside a period of six months by such real estate agent. The Regulatory Authority could, resulting from reasons specified under sub-part (7) of section 9, revoke the registration granted to the real estate agent or renewal thereof, as the case could also be, and intimate the real estate agent of such revocation as per Form ‘I’. If the candidate wishes to join the real property trade as a salesperson, he/she must submit his/her salesperson’s registration application by way of a licensed property agent within 2 years from the month of the examination which he/she sat for and handed, failing which the examination outcomes will no longer be legitimate for salesperson registration purposes. This article was created with Công ty xây dựng.
Mr. Kumbhar feels that the builder lobby will need to have written these RERA Rules & Maharashtra Government may have just published them. Your kids will be pleased with you for elevating objections towards Maharashtra RERA Rules. If passed as it’s, Maharashtra RERA Rules will legalize the builder’s passion for discrimination! This omission in Maharashtra RERA Rules proves that the actual 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 usually are not going to get the whole observe report of the builder – full data in regards to the builder’s past tasks. You might even miss a very good opportunity. Even after RERA, công ty xây dựng the builders can take the flat patrons for a experience! 1) The flat buyers would have realized that Kumar Builders & Kumar Properties are two completely different construction corporations. Provided your budget can handle proudly owning Pre building condos, there are many advantages that can accompany your purchase. 1) Any aggrieved particular person, having interest within the mission, may file a complaint with the regulatory authority for any violation beneath the Act or the foundations and rules made thereunder, save as these offered to be adjudicated by the adjudicating officer, as per Form ‘L’ which shall be accompanied by a price of rupees Ten Thousand within the form of a demand draft drawn on a nationalized financial institution in favour of regulatory authority and payable at the primary department of that financial institution at the station where the seat of the stated regulatory authority is situated.