By SRELJ Bureau
Maharashtra RERA Authority have registered new real estate projects in lock down period. The information given by Mr Dyaneshwar Hardare, CTO, MAHA RERA during a speech on SRO in a webinar held on 29th April 2020 organised Brahan Mumbai Developers Association. Mr Hardare said that Maharashtra RERA have registered about 150 new real estate projects in Maharashtra in the period of lock down. His team is working hard to give registration within a day. More than 5000 projects have been completed in all respect, he added.
Normally, it takes four stages of registration process where desk one to four scrutinize various disclosures made by the builder promoter about the project which includes IOD and CC. He said that MAHA RERA given registration on the basis of IOD initially but now insisting on a valid CC to register as project.
He was answering various questions of the audience mainly builders and members of Brahan Mumbai Developers Association. The entire session of webinar is available at YouTube channel of the Association.
A good news for the industry as lock down have estimated a huge loss to the industry. But industry is expecting a definite business in coming months and have got 150 such registrations. Many projects are still in pipeline and doing their documentation to complete the registration which are not included in this 150 recently registered project.
You can hear him at YouTube : Click Here