|     |     |    |    |     |     |  
Timeline needed for projects in Maharashtra with 51% consent: Activists
not available
Timeline needed for projects in Maharashtra with 51% consent: Activists
Publish on : 2021-09-15 18:09:34
MahaRERA chief Ajoy Mehta told TOI that in the coming week they would evaluate the status of the projects declared lapsed. “The authority will hold a meeting next week to work out a strategy to resolve the issue of lapsed projects.” PUNE: With over 3371 residential projects declared lapsed by the MahaRERA, consumer rights activists feel that that projects requiring developers to seek 51% consent from allottees, under section 7 (3) of the RERA Act, should be given a timeline for completion or else there might be further delay in the project. MahaRERA chief Ajoy Mehta told TOI that in the coming week they would evaluate the status of the projects declared lapsed. “The authority will hold a meeting next week to work out a strategy to resolve the issue of lapsed projects.” Ramesh Prabhu, chairman, Maharashtra Society Welfare Assocation (MSWA), said that in the case of lapsed projects if additional time has to be granted under section 7(3) of the RERA by the authority, the promoter needs to register the cooperative housing society or facilitate registration of association of allottees. Meanwhile, state CREDAI president Sunil Furde said that the way forward for the lapsed projects is to ensure that the projects are completed seeking permission from 51% allottees.

@2019 TeamUp. All rights reserved. Site visitors are subject to our Privacy Policy and Terms of use.