Ma­harera gets ad­di­tional charge of two union ter­ri­to­ries

Realty Plus - - News -

The Ma­ha­rash­tra Real Estate Reg­u­la­tory Author­ity (MA­HARERA) has been ren­dered with ad­di­tional charge of two Union Ter­ri­to­ries of Da­man & Diu and Dadra & Na­gar Haveli. The cen­tral govern­ment has al­ready sent a di­rec­tive to this ef­fect to the state govern­ment. Ac­cord­ing to an es­ti­mate of MA­HARERA, there are around 800 on-go­ing realestate projects in th­ese two Union Ter­ri­to­ries. The author­ity has al­ready started work­ing on sys­tem on how projects from th­ese two re­gions can be reg­is­tered. The author­ity is also work­ing on fi­nal­is­ing the place of hear­ing for mat­ters re­lated to on-go­ing projects from there. Ma­ha­rash­tra was one of the first states to no­tify its rules un­der the Act and es­tab­lish MA­HARERA which has re­ceived more than 12,000 applications for reg­is­tra­tion of on-go­ing projects.

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