MahaRERA’s Conciliation Forums Handle 1,749 Homebuyer Complaints Since 2018
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has been proactive in addressing homebuyers' grievances through its Conciliation Forums, which have successfully resolved 1,749 complaints since their inception in 2018.
MahareraHomebuyer ComplaintsConciliation ForumsReal EstateMaharashtraReal Estate MaharashtraOct 21, 2024
The decisions made by the Conciliation Forums are upheld by MahaRERA, which has significantly boosted the platform's popularity. Currently, there are 533 active cases being heard across the forums. Out of the total 5,958 cases so far, 1,749 have been resolved amicably between homebuyers and developers, benefiting 32.36% of property purchasers.
Frequently Asked Questions
When were the Conciliation Forums established by MahaRERA?
The Conciliation Forums were established by MahaRERA in January 2018.
How many Conciliation Forums are currently operational in Maharashtra?
Currently, there are 52 Conciliation Forums operational in Maharashtra.
What percentage of property purchasers have benefited from the Conciliation Forums?
32.36% of property purchasers have benefited from the Conciliation Forums.
How long does it typically take to resolve a complaint through the Conciliation Forums?
Complaints are typically resolved within 60 days, or within 90 days in exceptional circumstances.
What happens if a deadlock is reached during the conciliation process?
In case of a deadlock, the complainant can always reapproach MahaRERA, ensuring that their rights and the merits of the case remain intact.
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