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HomeNewsBusinessReal EstateMahaRERA proposes bi-yearly declaration on construction quality; seeks suggestions from developers

MahaRERA proposes bi-yearly declaration on construction quality; seeks suggestions from developers

Though the Act provides for developers to rectify defects until 5 years after the handover of the dwelling unit, MahaRERA feels processes and standards should be put in place that minimise the likelihood of defects occurring in the first place.

October 14, 2023 / 11:10 IST
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"MahaRERA has decided to insist on quality construction in advance to ensure that homebuyers do not face problems after taking possession of the house," said Ajoy Mehta, Chairman of MahaRERA. (Photo credits: Mehul R Thakkar)

In order to increase the accountability of real estate developers towards the quality of real estate projects, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has proposed that developers make six monthly declarations on the quality of projects undertaken by them. For this, MahaRERA has sought suggestions from developers; these can be sent in by October 31.

MahaRERA is considering regulations on monitoring the quality of construction. For this, it is in the process of drafting a discussion paper that is expected to be made public in the coming days.

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"MahaRERA is of the opinion that the quality of construction of projects can be controlled if regulations and procedures for effective implementation are laid down," said a statement by MahaRERA on September 16.

"Most people invest their lifetime earnings in buying a home. After taking possession of the house, it is the developer's responsibility to resolve these complaints free of cost for up to five years as per the defect liability period. However, in such a case, MahaRERA has decided to insist on quality construction in advance to ensure that homebuyers do not face problems after taking possession of the house," said Ajoy Mehta, Chairman of MahaRERA, said.