Project Proponents and Agents stunned as Maharera Penalize Estate Agency

The project proponent and Real estate agents who are adverting Real Estate Projects on social media Without registering projects with Real Estate Regulatory Authority are stunned, as in First of its kind action , The Maharashtra Real Estate Regulatory Authority ( MahaRERA) has penalized Sai Estate Consultant of Mumbai . It has fined the agency with Rs 1,20,000 for breaking MahaRERA regulations.It is mandatory for the builders, agents and housing projects to be registered with MahaRERA. Their registration numbers need to be mentioned in the advertising articles.

In exercise of powers conferred by Section 36 of the Act MahaRERA has directed the to withhold the advertisements with immediate effect and rectify all the hoardings by putting MahaRERA registration number on the said hoardings.

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Sai Estate Consultant Chembur Pvt. Ltd. is has been  restrained from advertising any project for marketing, booking and selling or offer for sale or inviting persons for purchase of any building / apartment which has  not registered with MahaRERA, though required to be registered.

MahaRERA has also directed the agency to put stickers on the future advertisement of the project which has not been registered is being advertisements that as per the directions of MahaRERA, the advertisement of the project which has not been been registered is being withdrawn and directed to mention apologize for the same.

The agency has been  asked deposit the amount of a penalty at the rate of Rs. 10.000/ per day in the office of MahaRERA for the violation period of 12 days .

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Goodland County refrain away from hearing, face Consequences

Goodland County a so called township project at Mugawade Near pune has got last chance to prove that they have all the required permissions. No body from Goodland County turned up for hearing at Pune Metropolitan Region Development Authority  ( PMRDA) on 25th May 2017. Earlier PMRDA had served notice to the project  proponents and asked them to remove their unauthorized construction. However Goodland County didn’t obey PMRDA orders hence before demolishing unauthorized construction and filling criminal complaints last chance was given to them. However as nobody turned from Goodland county hearing was postponed to 8th June 2017.

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Mean while I ( Vijay Kumbhar) remained present for the hearing. I explained all the details to PMRDA special executive officer Annasaheb Chavan, and also gave written say on the project. I Have made following demands.

1)      The entire construction on Mugawade hill should be demolished

2)      All the project Proponents should be penalized and be asked to restore the western ghat part in Mugawade that has been deliberately destroyed

3)      The criminal cases pertaining to destruction of environment should be filed against project proponents.

4)      Hence forth no development activities should be allowed on western ghat.

5)      As the plot buyers have knowingly involved in illegal transactions their sale deeds should be cancelled cases should be filed against them also.

My last point may hurt some people but ignorance can not be excuse to avoid punishment. And in this case plot buyers should not claim innocence . As there were several illegalities in project. Buyers have not only ignored that but have tried to cheat some banks also. Few renowned banks have given loan on this totally illegal project. No doubt the buyers have done it with hand in gloves of bank officials hence needs to be penalized

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