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Thursday, July 25, 2024

Registration of new projects after verification of CC from June 19

The regulatory authority has made it mandatory for the local authorities to send the CCs to the designated email of MahaRERA.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) will grant registrations for new projects from June 19 only after verification of commencement certificates (CCs) issued by the local authorities.

The regulatory authority has made it mandatory for the local authorities to send the CCs to the designated email of MahaRERA. The local authorities can either display the CCs granted for the projects on their websites or integrate their websites with that of MahaRERA.

Officials said on Thursday that though the local authorities had been given time till March 31 to complete the process, most were yet to upload the CCs or integrate their websites.

“The initiative has been taken to ensure that there is no repeat of the Kalyan Dombivali incident, in which several developers submitted fake documents to obtain MahaRERA registration certificates,” said a MahaRERA official on Thursday.

The authorities said the CCs received from the local authorities would be compared with those provided by the developers. Only then would the registration be granted. “One of the documents required to be submitted by every promoter for registration of the project is the commencement certificate issued by the competent authority,” read the order.

Earlier, the MahaRERA had asked the state’s urban development department to put in place a system wherein all approvals granted for real estate projects, such as commencement and occupation certificates, are displayed on a dedicated portal by the respective competent authorities so that the veracity of the certificates could be verified by both the buyers as well as MahaRERA.

“This measure is required to improve transparency and also for consumer protection,” said officials.

The state government had issued a GR in February for integrating the MahaRERA portal with those of each of the permission-issuing authorities.

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