Maharashtra Gets New MahaRERA Chairman: Manoj Saunik to Succeed Ajoy Mehta
Manoj Saunik, a 1987 batch IAS officer, will take over as the new chairman of Maharashtra Real Estate Regulatory Authority (MahaRERA) from September 20.
MahareraManoj SaunikAjoy MehtaMaharashtra Real Estate Regulatory AuthorityReal Estate RegulationReal Estate MumbaiSep 19, 2024
During his career, he has held several important positions in the government, including that of Principal Secretary of the State Water Resources Department and Principal Secretary of the State Finance Department. He is known for his expertise in the areas of finance, infrastructure, and water resources management.
In addition to his government service, Saunik has also served as a Director on the board of various companies and organisations, including the Maharashtra Industrial Development Corporation, and the Maharashtra State Road Development Corporation.Saunik was appointed as Maharashtra’s Chief Secretary last year. His experience and expertise in the field of finance and infrastructure will be valuable assets to MahaRERA.
MahaRERA is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to regulate and promote the real estate sector in Maharashtra. The authority is responsible for registering and regulating real estate projects, as well as protecting the rights of homebuyers.The appointment of Saunik as the new chairman of MahaRERA is expected to bring in a new era of transparency and accountability in the real estate sector in Maharashtra.
Maharashtra Real Estate Regulatory Authority (MahaRERA) is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016. The authority is responsible for registering and regulating real estate projects, as well as protecting the rights of homebuyers.
Maharashtra Industrial Development Corporation (MIDC) is a state-owned enterprise that promotes industrial development in Maharashtra. Maharashtra State Road Development Corporation (MSRDC) is a state-owned enterprise that develops and maintains roads in Maharashtra.
Frequently Asked Questions
Who is the new chairman of MahaRERA?
Manoj Saunik, a 1987 batch IAS officer, is the new chairman of MahaRERA.
What is MahaRERA?
MahaRERA is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to regulate and promote the real estate sector in Maharashtra.
What are the responsibilities of MahaRERA?
MahaRERA is responsible for registering and regulating real estate projects, as well as protecting the rights of homebuyers.
Who is Manoj Saunik?
Manoj Saunik is a 1987 batch IAS officer, who is currently serving as the principal advisor to the chief minister of Maharashtra.
What is the significance of Saunik's appointment as MahaRERA chairman?
Saunik's appointment as MahaRERA chairman is expected to bring in a new era of transparency and accountability in the real estate sector in Maharashtra.
Tags:
Related News Articles
Mumbai Real Estate Developer and CEO Embroiled in ₹13.65 Crore Fraud Case
A Mumbai-based real estate developer and CEO have been booked for allegedly forging documents and duping a partner of ₹13.65 crore in a Bhandup land deal.
Mumbai Property Registration Revenue Surges 52% YoY to Rs 1,081 Crore This Diwali
According to data from the Inspector General of Registration (IGR), Maharashtra, property registrations in Mumbai witnessed a remarkable 22% year-over-year increase, with 11,861 homes registered in October 2024, compared to 9,736 in November 2023.
AI Bubble Deflating: Zoho's Sridhar Vembu Stresses Importance of Real Engineering Work
Zoho CEO Sridhar Vembu discusses the potential deflation of the AI bubble and emphasizes the enduring importance of real engineering work in the tech industry.
ED Seizes ₹19.61 Crore from Karrm Developers Linked to Vivek Oberoi in Real Estate Scandal
The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.
Mumbai Sees Record-Breaking Property Registration in March 2025
Mumbai witnessed a surge in property registration in March 2025, driven by the impending hike in reckoner rates set to take effect from April 2025. This surge highlights the robust demand in the city's real estate market.
Private Equity Investments Fuel 133% Surge in Real Estate Deal Volumes in Q1 2025
Real estate deal volumes soared by 133% in the first quarter of 2025, driven predominantly by private equity (PE) investments, which accounted for 88% of the total transactions.