adopt ‘Rera’ to bring trans­parency - dr Prabhu

Realty Plus - - News -

The con­struc­tion sec­tor con­trib­utes to 8-9% to the coun­try’s to­tal GDP. The buy­ers have be­come more awak­ened and wish to spend their money wisely with­out get­ting fooled in bad projects. Hence, the de­vel­op­ers should adopt trans­parency in their work by strictly fol­low­ing the RERA norms, said Maha RERA Sec­re­tary Dr Vas­ant Prabhu. He was speak­ing at the RERA com­pli­ances work­shop or­ga­nized by CREDAI Ma­ha­rash­tra. Present on the oc­ca­sion were Shan­ti­lal Kataria, Pres­i­dent CREDAI Pune Metro, Shrikant paran­jape, Pres­i­dent CREDAI Pune Metro, Suhas Mer­chant Pres­i­dent, CREDAI Ma­ha­rash­tra State ad­vi­sory coun­cil, Akhil Agar­wal, CREDAI MAHARERA com­mit­tee con­venor, Aarti Harb­ha­janka, Dyanesh­war Hadtare, Ran­jit Naik­navre, F D Jad­hav and real­tors from across the state. Dr Prabhu said that many laws come, but poor im­ple­men­ta­tion mars its suc­cess. To reg­is­ter the project un­der RERA, there is no need to visit any of­fice as every­thing is done on­line. The real­tors can use MAHARERA logo to in­crease the cred­i­bil­ity of their projects to­wards buy­ers. Af­ter the regis­tra­tion is done, every three months the com­plete de­tails per­tain­ing to work com­pleted till date, cor­rec­tions done, if any, num­ber of in­quiries & book­ings from buy­ers etc has to be filled. This helps the buy­ers to get com­plete in­for­ma­tion about their project on­line. This process elim­i­nates

any mis­con­cep­tions cre­ated be­tween cus­tomers & de­vel­op­ers. Even buy­ers can­not com­plain at any point of time as all the in­for­ma­tion is pro­vided be­fore­hand. Hence, RERA law should not be con­sid­ered as a bur­den but an op­por­tu­nity to ease the trans­ac­tions be­tween the seller & buyer.

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