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 information about Kumar Builders’ past projects would have been priceless to the flat consumers! 2. More data sharing can be performed electronically than in particular person, particularly with regard to transactions in progress. Whereas, the RERA Rules of Union Territory calls for greater than the checklist of initiatives. Still, I found CBRE Prop Fair more pleasant than the final property exhibition. The ‘Application for Registration of Project’ – 1 – VI – on the Page 23 of Maharashtra RERA Rules – solely calls for thầu xây dựng the list of accomplished or beneath construction tasks in the final 5 years. Maharashtra RERA Rules not only protect the builders but their actual property brokers too! In his 18 minutes Marathi Youtube Video Mr. Vijay Kumbhar, RTI Activist, claims that as a substitute of defending flat patrons, Maharashtra RERA Rules give authorized authority to the builders to dominate, intimidate & victimize the flat consumers.
In short, instead of eradicating unfair, unlawful & exploitative present business practices of the builders, Maharashtra RERA Rules give legal standing to dominate, intimidate & victimize the flat consumers! This reveals that Maharashtra RERA Rules should not for the safety of the flat patrons however for the protection of the builders. A lot of the consumers who have booked the flats in Kumar Builders’ KUL Ecoloch & KUL Nation have told me that they didn’t know that Kumar Builders & Kumar Properties are two totally different firms! Any analysis final result 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 foundations of Real Estate Regulatory Authority (RERA) established within the Union Territories. The truth is, if Maharastra RERA Rules are handed as it’s, the actual estate agents are going to get a license to cheat the flat consumers in Maharashtra!
Rules of Union Territories – don’t give this sort of license to the true property agents. In response to above RERA Rules for Union Territories, whereas filing a complaint towards the builder, a flat purchaser has to pay a payment 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’ll be able to share the above hyperlink together with your classmates. Buying a luxurious villa in the same can be a matter of proud for the proprietor. 1) Where any real estate agent who has been granted registration certificate quantity commits breach of any terms and conditions specified below these guidelines or laws made thereunder, or the place the Authority is satisfied that such registration has been secured by the real estate agent via misrepresentation or fraud, the Authority could, without prejudice to another provisions under the Act, both suo-moto or on an application or complaint from the promoter or allottee or revoke the registration or suspend the identical 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 until a possibility 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 concerned real estate agent in Form ‘I’: Provided that, on the revocation of the registration by the Authority of any real estate agent; fresh software for grant of registration can’t be made once more within a period of six months by such real estate agent. The Regulatory Authority may, because of causes specified under sub-section (7) of part 9, revoke the registration granted to the real estate agent or renewal thereof, because the case could also be, and intimate the real estate agent of such revocation as per Form ‘I’. If the candidate wishes to affix the real estate trade as a salesperson, he/she should submit his/her salesperson’s registration software by means of a licensed property agent within 2 years from the month of the examination which he/she sat for and passed, failing which the examination outcomes will no longer be legitimate 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 simply revealed them. Your kids can be happy with you for raising objections against Maharashtra RERA Rules. If handed 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 provide authorized authority to the builders to dominate, intimidate & victimize the flat consumers in Maharashtra! Because, even after RERA, the flat consumers in Maharashtra will not be going to get the whole monitor file of the builder – full info concerning the builder’s past tasks. You might even miss a good opportunity. Even after RERA, the builders can take the flat buyers for a ride! 1) The flat buyers would have realized that Kumar Builders & Kumar Properties are two completely different development firms. Provided your budget can handle owning Pre building condos, there are a lot of advantages that can accompany your buy. 1) Any aggrieved individual, having curiosity in the project, could file a complaint with the regulatory authority for any violation under the Act or the rules and rules made thereunder, save as those provided to be adjudicated by the adjudicating officer, as per Form ‘L’ which shall be accompanied by a price of rupees Ten Thousand in the type of a demand draft drawn on a nationalized financial institution in favour of regulatory authority and payable at the primary department of that bank at the station the place the seat of the mentioned regulatory authority is situated.