MahaRERA is planning to set up 15 conciliation benches – 10 in Mumbai and 5 in Pune. The benches will try to work out a compromise formula before a consumer files a complaint under the RERA or before the authority starts hearing the case.
PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) will, from January 2018, provide consumers with the conciliation option on its website before they register complaints against developers. For the consumers going for the new option, MahaRERA is planning to set up 15 conciliation benches – 10 in Mumbai and 5 in Pune. The benches will try to … Continue reading “Conciliation pick for home buyers from Jan before RERA plaints”
Though Indian real estate sector is facing ups and downs with the implementation of government’s initiative the Real Estate Regulation and Development Act (RERA), is restoring the faith of real estate investors. The RERA Act, which was introduced to bring transparency and create investments in the real estate sector. It will take another 6 months … Continue reading “Faith of investors is getting restored in the Indian real estate sector”