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December 2023 General Latest Legal Real Estate

MahaRERA – Comprehensive & salutary Reforms for 2024 – 19 pages consultation paper as per of Section 14(3) of the RERA 2016 for public comments

December 26, 2023 legaldeli

MahaRERA – Comprehensive and salutary Reforms for 2024 – 19-pages consultation paper as per of Section 14(3) of the RERA 2016 for public comments

MahaRERA -Framework on Quality Assurance, Third Party Audits, Mandatory Buyer Safeguards – Consultation Paper dated 4.12.2023 for public comments

Singapore frame work for quality assessments & assurance Systems in Real Estate Projects are also considered in extenso. Similarly, the vital component and parameters of Third Party Quality Monitoring in Pradhan Mantri Awas Yojana (Urban) is also considered.

As rightly said in the paper, the legislation offers a curative solution for problems of construction quality faced by the allottees and in the first place, it is crucial to prevent them from arising.

Defect-free apartments for allottees and transparency in the sector– the paramount aim and object of the proposed frame work of MahaRERA.

Construction of projects to be monitored at every stage to identify lacunae in Third Party audits.

To my mind, this frame work once framed will reduce the litigation and also the burden on the courts.

MahaRERA Unveils Comprehensive Reforms In 2024: Project Grading System, Third-Party Audits & Mandatory Buyer Safeguards (msn.com)

ConsultationPaperonframeworkforQA.pdf (maharashtra.gov.in)

https://shorturl.at/EFS05

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