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Pune: The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Wednesday mandated a single registration number for every standalone housing project.
This step has been taken to prevent cheating of homebuyers. A MahaRERA official said that some developers were applying for additional registration numbers without disclosing the reasons for the same.
According to the latest order, henceforth, every promoter applying for new registration of a housing project would have to submit a declaration-cum-undertaking in the prescribed format on his/her letterhead that neither the site of the proposed project nor any part of it has a MahaRERA registration number; nor is there any application pending regarding the same.
“It has been observed that in some places the landowners and the promoters are different, and they work independently. Sometimes, landowner contracts with more than one promoter. This creates multiple challenges and confusion in the project’s completion. Such buildings face difficulties in getting occupancy certificates. This only adds to the problem of homebuyers who end up facing difficulties in securing water supply and other basic civic facilities. To prevent such occurrences, the authority has introduced a policy of “one standalone project, one MahaRERA number,” the official said.
However, in case the project is on a large plot, a separate registration number for the project or phases can be obtained, the official added.
State CREDAI president Pramod Khairnar said that the developers would earlier apply for more registration numbers as there was no procedure to deregister and reapply again, which has now been allowed by MahaRERA.
“While the developers’ body supports MahaRER’sA initiative to remove loopholes and initiate action against those who cheat consumers but developers working according to the provisions of the law and according to the rules should not be obstructed unnecessarily,” he added.
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This step has been taken to prevent cheating of homebuyers. A MahaRERA official said that some developers were applying for additional registration numbers without disclosing the reasons for the same.
According to the latest order, henceforth, every promoter applying for new registration of a housing project would have to submit a declaration-cum-undertaking in the prescribed format on his/her letterhead that neither the site of the proposed project nor any part of it has a MahaRERA registration number; nor is there any application pending regarding the same.
“It has been observed that in some places the landowners and the promoters are different, and they work independently. Sometimes, landowner contracts with more than one promoter. This creates multiple challenges and confusion in the project’s completion. Such buildings face difficulties in getting occupancy certificates. This only adds to the problem of homebuyers who end up facing difficulties in securing water supply and other basic civic facilities. To prevent such occurrences, the authority has introduced a policy of “one standalone project, one MahaRERA number,” the official said.
However, in case the project is on a large plot, a separate registration number for the project or phases can be obtained, the official added.
State CREDAI president Pramod Khairnar said that the developers would earlier apply for more registration numbers as there was no procedure to deregister and reapply again, which has now been allowed by MahaRERA.
“While the developers’ body supports MahaRER’sA initiative to remove loopholes and initiate action against those who cheat consumers but developers working according to the provisions of the law and according to the rules should not be obstructed unnecessarily,” he added.
We also published the following articles recently
One project, one MahaRERA no. to protect home buyers
MahaRERA introduces a policy to protect home buyers by preventing developers from obtaining multiple registration numbers for the same project. The policy requires developers to submit an undertaking stating that their project does not have any existing or pending MahaRERA registration numbers. However, in large projects, separate registration numbers for different phases are allowed.
MahaRERA introduces a policy to protect home buyers by preventing developers from obtaining multiple registration numbers for the same project. The policy requires developers to submit an undertaking stating that their project does not have any existing or pending MahaRERA registration numbers. However, in large projects, separate registration numbers for different phases are allowed.
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