Collectively, these tasks have been penalised ₹88.90 lakh, of which ₹72.35 lakh has been recovered to this point.
Of the overall tasks, 312 are from the Mumbai area, 250 from the Pune area and 66 from the Nagpur area.
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The Mumbai area contains Mumbai, Mumbai suburban, Thane, Nashik and Konkan. These 312 tasks confronted penalties of ₹54.25 lakh, of which ₹41.50 lakh has been recovered. The Pune area covers Pune metropolis, western Maharashtra and Marathwada.
Right here, motion has been initiated towards 250 tasks with the consolidated penalty quantity levied at ₹28.30 lakh and ₹24.75 lakh already recovered. There have been 66 tasks within the Nagpur area comprising all of the districts of Vidarbha. A complete of ₹6.35 lakh penalty was imposed on the violators and ₹6.10 lakh has been recovered, to this point.
To maintain one’s funding secured, MahaRERA appeals to homebuyers to not have interaction in transactions with housing tasks with out the necessary RERA registration quantity.
“Promoters of housing tasks will not be permitted to promote their tasks with no MahaRERA registration quantity. Beginning August 1, 2023, it’s also necessary to show QR code with each commercial. This permits homebuyers to entry venture associated necessary info,” mentioned MahaRERA Chairman, Ajoy Mehta.
“Regardless of this, some builders are violating these pointers. Subsequently, MahaRERA is at all times looking out for such ads and commonly initiates motion towards the violators,” he added.
For efficient implementation of pointers and to determine violators, MahaRERA takes help from the Promoting Requirements Council of India (ASCI).
As per RERA, it’s binding for any venture in Maharashtra that exceeds 500 sq. meters or entails greater than eight residences (together with plots) to be registered with MahaRERA. No advertising and marketing actions or gross sales in such housing tasks are permitted with out securing registration quantity from the MahaRERA.
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