The central act made it mandatory for the state governments to form RERA authority as well as the tribunal by 30th April 2017.
The Maharashtra RERA (Real Estate Regulatory Authority) is yet to form its appellate tribunal. In the meanwhile, the state’s revenue tribunal has been empowered to hear all the appeals of the MAHA RERA, said housing department sources.
The notification for this is expected to come out within the next 8 days.
The central act made it mandatory for the state governments to form RERA authority as well as the tribunal by April 30, 2017. Although Maharashtra has the regulatory authority in place the tribunal is yet to be set up.
Since it came into effect MAHA RERA has been very proactive and has passed over 20 rulings. “We are in the process of setting up the appellate tribunal for MAHA RERA. The selection committee has been formed for the same and will finalise the names. However, in the interim, if the affected parties want to appeal the rulings passed by MAHA RERA they can appeal to the state government’s revenue tribunal,” said an official from the state’s housing department.
According to the central government’s RERA act, the appellate tribunal will consist of three members namely the chairperson which will be a high court judge, one judicial member and a technical or administrative member who is well versed with urban affairs.
The Chairperson is appointed by the Chief Justice of the relevant high court while the other two members are recommended to the state government by the selection committee.Till now over 13,400 projects have been registered under MAHA RERA. Developers can register their ongoing projects till September 30.