RERA – Real Estate (Regulation & Development) Act
RERA for Allottee (Property Buyer / End-user/Customer)
Under RERA – Real Estate Regulation (& Development) Act, the major parties dealing parties for Real Estate Property, are Builder, Buyer and Broker who are respectively defined as Promoter, Allottee and Real Estate Agent.
In view to infuse transparency, ensure fair play and reduce frauds and delays in property dealing with a promoter alongwith creating confidence of investors in Real Estate sector, the MahaRERA authority has set-up a website known as http://maharera.mahaonline.gov.in, wherein any person interested in a registered project of any Promoter, can get the required information free of cost and even without login.
There are total eleven numbers of rights and duties of the Allottee, which are prescribed in Chapter IV, section 19 of RERA, 2016, summery of which is as follow:
The RERA authority can help to the Allottee in the matters of failures in delivery by the promoter for following commitments
An aggrieved Allottee may make complaint against the Promoter in the prescribed ‘Standard Operating Procedure for Handling Complaint’, which has been published by MahaRERA authority on 24/07/2017 and available for download at the following link: https://maharera.mahaonline.gov.in/Upload/PDF/SOP%20for%20Handling%20Complaints.pdf.
It is noteworthy here that the RERA authority has empowered the Promoter as well, to make complain against an errant Allottee and the MahaRERA authority may take punitive action against such Allottee, in the prescribed manner.