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Will take action against those submitting incomplete papers: RERA

Jaipur: The Real Estate Regulatory Authority (RERA) will take action against Developers who have submitted incomplete documents for registering their ongoing construction projects under the Rera Act.

The authority will issue notices and provide final seven days’ time to these defaulters. According to the RERA official, “There are nearly 200 ongoing projects whose developers have not deposited complete documents. Within the given deadline, these developers will have to deposit the remaining documents along with penalty. The project will be cancelled and termed as ‘illegal’, if required documents are not provided to RERA.”

Developers and agents were provided 90 days to register after the RERA Act came into effect on May 1 in the state. An official informed TOI, the RERA has issued certificates to 428 projects after registering them under the Act. During the scrutiny it was witnessed that developers of nearly 200 ongoing projects did not submitted complete documents. Following this, the developers were given seven days’ time to upload the documents. However, none of the developer adhered to the deadline.

“The defaulters were given second chance and asked to submit documents within 15 days. But, developers did not follow extended warning too. Now, the RERA has decided to take stringent action and cancel the project.” said official

He added, “As per the rules, it is mandatory to provide 30 days’ time to the developer before taking action. This would be considered as final warning as authority had given time to developer,”

It was said as per the mandatory provision, the developers have to register themselves on RERA website. Once details of all the ongoing projects are uploaded on the website, the aggrieved consumers can register their complaints at RERA office.

The RERA has been introduced with an aim to bring more transparency in the existing system and protect the interest of home buyers. It was said an appellate tribunal will also be set up to adjudicate disputes. However, till date no complaint of the consumer has been registered by the authority in absence of clear guidelines, according to UDH official sources.

Source : timesofindia

This post first appeared on Daily Kiran, please read the originial post: here

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Will take action against those submitting incomplete papers: RERA


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