Home Buyers in Mumbai: MahaRERA Struggles with 8000 Pending Complaints
Mumbai: Despite being established as a dedicated authority to address the issues faced by real estate consumers, home buyers in Mumbai are finding it increasingly difficult to get their complaints resolved, with over 8000 cases pending.
MahareraReal EstateHome BuyersComplaintsMumbaiReal Estate MumbaiFeb 15, 2025
They argue that the ban will impose a significant financial burden on businesses and citizens constructing homes, leading to project delays and increased costs.
The traffic administration has introduced a new schedule with dedicated routes for heavy vehicle movement in the city.
After identifying red zones based on black spots, accident-prone areas, public spaces, and school zones, the Traffic Deputy Commissioner of Police (DCP) declared a complete ban on heavy vehicles within the city limits.
Kapil Gandhi, Management Committee Member of CREDAI Pune Metro, acknowledged the importance of citizen safety but questioned the fairness of singling out construction vehicles.
Frequently Asked Questions
What is MahaRERA?
MahaRERA is the Maharashtra Real Estate Regulatory Authority, a government body established to regulate the real estate sector, protect home buyers, and ensure transparency and accountability in real estate transactions.
What are the primary responsibilities of MahaRERA?
MahaRERA is responsible for registering real estate projects, maintaining a database of registered projects and developers, monitoring project progress and timelines, and resolving disputes between home buyers and developers.
Why are home buyers in Mumbai frustrated with MahaRERA?
Home buyers in Mumbai are frustrated with MahaRERA due to the backlog of over 8000 pending complaints, delays in project completion, poor quality of construction, and difficulties in getting refunds for payments.
What are the main issues faced by home buyers in the real estate sector?
The main issues faced by home buyers include delays in project completion, poor quality of construction, and difficulties in getting refunds for payments.
What steps are home buyers taking to address their concerns with MahaRERA?
Home buyers are taking to social media and public forums to voice their concerns and demand better service from MahaRERA. They are calling for the authority to streamline its processes, increase transparency, and ensure that developers are held accountable.
Related News Articles
Arvind SmartSpaces Ltd Sees Impressive Growth with 49% YoY Increase in Bookings
Arvind SmartSpaces Limited announces its Q1 FY25 financial results, boasting a 49% YoY growth in bookings and a 21% increase in collections.
PCMC Contract Worker Arrested in Bribery Case: Water Inspector Remains at Large in Pune
In a significant development, a PCMC contract worker has been arrested in a bribery case, while the water inspector remains on the run. The incident has raised concerns about corruption in public services in Pune, a city known for its rapid growth in real
Country Garden's Sales Decline Deepens in January, Adding to Troubles
Country Garden, one of China's largest real estate developers, has reported a significant drop in sales for January, exacerbating the company's ongoing challenges in the volatile property market.
Alt, the Holding Company for Property Share, to Raise Rs 2.8K Cr in New Funding
Mumbai: Alt, the holding company for Property Share, a leading platform in fractional real estate ownership, is set to raise Rs 2.8K crore. This move is expected to further boost the company's market presence and expand its innovative real estate solution
Pune Real Estate: Property Registrations Decline but Stamp Duty Collections Remain Stable
Pune's real estate market witnessed an 8% Year-on-Year decline in property registrations in January 2025, with a total of 16,330 properties registered. Despite this, stamp duty collections remained steady at ₹590 crore.
Good News! State Government Plans Cancer Hospital in Pune Amid Growing Patients
The state government has announced plans to build a specialized cancer hospital in Pune, a city with a rapidly growing population and increasing number of cancer patients. This move is expected to significantly enhance healthcare services and provide much