Introducing Maharashtra Real Estate Regulatory Authority (MahaRERA) regulations for new real estate projects, effective from June 19. MahaRERA will only grant registrations after verifying the commencement certificates (CCs) issued by local authorities. To ensure compliance, local authorities are required to send CCs to MahaRERA's designated email address. They can either display the CCs on their websites or integrate their websites with MahaRERA's portal. This initiative is a response to the Kalyan Dombivali incident, where several developers submitted fake documents to obtain MahaRERA registration certificates. By comparing the CCs received from local authorities with those provided by developers, MahaRERA aims to prevent such incidents in the future. The commencement certificate, issued by the competent authority, is one of the essential documents required for project registration.
MahaRERA had previously requested the state's urban development department to create a dedicated portal where all real estate project approvals, including commencement and occupation certificates, could be displayed. This transparency measure benefits both buyers and MahaRERA, allowing them to verify the authenticity of certificates.
The state government issued a Government Resolution (GR) in February, mandating the integration of MahaRERA's portal with those of permission-issuing authorities. This integration aims to enhance transparency and consumer protection.
SaudaGhar presents an informative video about the latest regulations introduced by Maharashtra Real Estate Regulatory Authority (MahaRERA) for new real estate projects. Starting from June 19, MahaRERA will grant registrations only after verifying the commencement certificates (CCs) issued by local authorities. To improve transparency and consumer protection, local authorities are required to send CCs to MahaRERA's designated email address or integrate their websites with MahaRERA's portal.
This initiative comes in response to instances of developers submitting fake documents to obtain MahaRERA registration certificates, as witnessed in the Kalyan Dombivali incident. By comparing CCs received from local authorities with those provided by developers, MahaRERA aims to prevent such fraudulent activities. The commencement certificate, issued by the competent authority, is a crucial document required for project registration.