FPCE Questions MahaRERA's Conciliation Forum: A Threat to Homebuyers' Rights?
FPCE, a homebuyers' association, has raised concerns about MahaRERA's conciliation forum, alleging a conflict of interest and questioning its constitution and functioning.
MahareraFpceReraReal Estate RegulationHomebuyers RightsReal Estate MumbaiAug 25, 2024
Homebuyers' association FPCE has questioned Maharashtra real estate regulator MahaRERA's decision to constitute and be part of a conciliation forum to settle disputes between builders and customers. The association claims that the law does not give such power to MahaRERA and that the move can lead to possible conflict of interest.
Forum for People's Collective Efforts' (FPCE) President Abhay Upadhyay has written a letter to Union Ministry of Housing and Urban Affairs Additional Secretary Satinder Pal Singh objecting to the conciliation forum constituted by MahaRERA and its
Frequently Asked Questions
What is MahaRERA's conciliation forum?
MahaRERA's conciliation forum is a platform established by the Maharashtra Real Estate Regulatory Authority to settle disputes between builders and customers.
What is FPCE's objection to MahaRERA's conciliation forum?
FPCE has objected to MahaRERA's conciliation forum, alleging a conflict of interest and questioning its constitution and functioning.
What is Section 32 of RERA?
Section 32 of RERA gives power of recommendations to the authorities and not the power to constitute a conciliation forum.
What is FPCE's suggestion to the Ministry of Housing and Urban Affairs?
FPCE has suggested that the ministry should issue guidelines to states after due consultations with all stakeholders for the constitution and working of conciliation forum.
What is the composition of MahaRERA's conciliation forum?
The conciliation forum has only one organisation representing consumers and three organisations representing builders as members, with only two individual representatives for consumers and six individual representatives for builders.
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