Maharashtra Real Estate Regulatory Authority (MahaRERA) will not register any new real estate project unless the commencement certificate is verified by local planning authorities.
Local authorities – corporations, councils, nagar panchayats and metropolitan planning authorities – were given time till June 19 to either integrate their website with MahaRERA or send independent mails regarding project registrations.
The initiative has been taken up to ensure there is no repeat of the Kalyan-Dombivli type of fraud where several developers submitted fake documents to obtain MahaRERA registration certificates.
The commencement certificates now received from local authorities will be compared with those provided by developers and only then will the registration be granted.
“The time given to authorities was till June 19. Now, unless we get the project verified from local authority we will not be granting any new registration. Either they have to integrate or send us the details of the project on the designated mail,” a senior official from MahaRERA said.
A commencement certificate refers to the construction permit issued by a competent authority to allow the promoter to begin the development works on an immovable property as per the sanctioned plan.
Currently, there are 41,000 projects registered with MahaRERA.
Sources from MahaRERA on Wednesday confirmed that they are yet to receive any proposal regarding projects from local authorities. “Since it has only been two days, we are hoping that they will do so by next week. Unless we receive a mail from them, we will not grant any new registration,” the official added.
Pune Municipal Corporation (PMC) additional commissioner Ravindra Binwade told that they will integrate their online system of issuing commencement certificates to projects with the MahaRERA portal soon. “Before integration, if we are supposed to share it with the dedicated email, we shall do so. Currently, we are uploading the commencement certificates granted for new projects on our web portal and it will not be difficult to integrate it,” he said.
Brihanmumbai Municipal Corporation (BMC) administrator and municipal commissioner Iqbal Chahal said that they have integrated the autoDCR portal of the corporation with the MahaRERA website. “There are some glitches and functioning is not smooth yet. However, we are working on it and it will be done soon,” he said.
Officials from the Pune Metropolitan Region Development Authority (PMRDA) also confirmed that they would comply with MahaRERA’s orders and will share the data with them soon.
Ranjit Naiknavare, the president of the Pune chapter of the Confederation of Real Estate Developers’ Associations of India (Credai), said they were apprehensive about the possible delays in registrations unless there is a seamless integration of local authorities’ websites with MahaRERA.
“While it is a welcome move, we at Credai want to help out by submitting details of our members if possible to MahaRERA. We are planning to reach out to the authority soon,” he said.