Pune: CREDAI Maharashtra, the industry body of realtors, has again urged the State government to set up an appellate tribunal to address Real Estate Regulatory Authority (RERA) cases.
In the absence of a tribunal, the builders and citizens, are filing appeals against the orders by RERA authority before the High Court (HC), unnecessarily augmenting the cost, said Shantilal Kataria, President of CREDAI Maharashtra, in a press statement.
Kataria said only Rajasthan has established its tribunal and this should be a pan-India demand.
“If formed, the tribunal will smoothen our work in future. A new, separate tribunal will be more effective and speedy as the existing tribunals in the State will not work effectively and devotedly,” he added.
Section 43 (1) of RERA Act mandates establishing Real Estate Regulatory Authority (RERA) appellate tribunal before May 1 this year. However, the State government has not done so.
CREDAI Maharashtra has pointed out that RERA’s objective was to simplify and make efficient the process of realty issues, rather than complicating it for common home-buyers and stakeholders.
Kataria has also demanded that the State should look into changes and clarifications in rules, after taking a review of last six months’ experience of RERA and stakeholders.
“Section 91 of RERA Act 2016 provides for conducting a review of the provisions of the act within two years, regarding the difficulties in its implementation and 18 months have already passed. Therefore, the Centre should look into it,” said Kataria.
