MahaRERA Gets New Chairman: Manoj Saunik Takes the Reins

Former Maharashtra chief secretary Manoj Saunik has been appointed as the chairman of Maharashtra Real Estate Regulatory Authority (MahaRERA). Saunik will take charge after incumbent MahaRERA chairman Ajoy Mehta retires on September 20.

MahareraMaharashtra Real EstateReal Estate Regulatory AuthorityManoj SaunikAjoy MehtaReal Estate MaharashtraJul 17, 2024

MahaRERA Gets New Chairman: Manoj Saunik Takes the Reins
Real Estate Maharashtra:In a significant development, the Maharashtra government has appointed Manoj Saunik, former chief secretary of Maharashtra, as the new chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA). This decision was announced on Tuesday, and Saunik will take charge of his new role only after the incumbent MahaRERA chairman, Ajoy Mehta, retires from the post on September 20.

Saunik, who is the husband of current Maharashtra chief secretary, Sujata Saunik, will be responsible for regulating and promoting the real estate sector in the state. The MahaRERA was established by the state government to ensure transparency and accountability in the real estate industry.

As the new chairman of MahaRERA, Saunik will play a crucial role in implementing the Real Estate (Regulation and Development) Act, 2016, which aims to protect the interests of homebuyers and promote fair play in the sector. His appointment is expected to bring in a new era of transparency and accountability in the Maharashtra real estate industry.

Information
MahaRERA is a regulatory authority established by the Maharashtra government to regulate and promote the real estate sector in the state. The authority was set up to ensure transparency and accountability in the real estate industry and to protect the interests of homebuyers.

Maharashtra Real Estate Regulatory Authority (MahaRERA) is a statutory authority established by the Maharashtra government to regulate and promote the real estate sector in the state. The authority was set up to ensure transparency and accountability in the real estate industry and to protect the interests of homebuyers.

Frequently Asked Questions

Who has been appointed as the new chairman of MahaRERA?

Manoj Saunik, former chief secretary of Maharashtra, has been appointed as the new chairman of MahaRERA.

When will Saunik take charge of his new role?

Saunik will take charge of his new role after incumbent MahaRERA chairman Ajoy Mehta retires from the post on September 20.

What is the primary objective of MahaRERA?

The primary objective of MahaRERA is to regulate and promote the real estate sector in the state, ensuring transparency and accountability in the industry.

Who is the current chief secretary of Maharashtra?

Sujata Saunik, wife of Manoj Saunik, is the current chief secretary of Maharashtra.

What is the Real Estate (Regulation and Development) Act, 2016?

The Real Estate (Regulation and Development) Act, 2016 is a legislation aimed at protecting the interests of homebuyers and promoting fair play in the real estate sector.

Related News Articles

Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections
Real Estate

Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections

Discover the latest trends, challenges, and opportunities in the real estate insurance market, featuring key players, regional analysis, and market segmentation.

June 22, 2024
Read Article
Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High
Real Estate Pune

Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High

The number of real estate transactions in Pune has increased significantly, with registered transactions surging by 50% in the April-June 2024 quarter.

August 12, 2024
Read Article
Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4
Real Estate Mumbai

Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4

The Election Commission of India has announced the dates for the Haryana and Jammu & Kashmir assembly elections. The polls will be held in a single phase on October 21, and the results will be declared on October 4.

August 16, 2024
Read Article
Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue
Real Estate

Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue

Century Textiles plans to develop the land through its real estate subsidiary Birla Estates, expecting ₹14,000 crore in revenue from the project.

September 10, 2024
Read Article
Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals
real estate news

Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals

Be cautious with real estate deals today, as a temporary decline in assets may occur. However, this setback will be short-lived.

September 14, 2024
Read Article
DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore
real estate news

DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore

DLF, India's leading real estate firm in terms of market capitalization, has reported a remarkable surge in its Q2 net profit, jumping over twofold to ₹1381 crore. The company, primarily engaged in the development and sale of residential and commercial pr

October 25, 2024
Read Article