Manoj Saunik Takes the Reins as Maharashtra Real Estate Regulatory Authority Chairman
Former Maharashtra chief secretary Manoj Saunik has been appointed as the chairman of MahaRERA, succeeding Ajoy Mehta who will step down in September.
MahareraMaharashtra Real Estate Regulatory AuthorityReal EstateManoj SaunikAjoy MehtaReal Estate MaharashtraJul 17, 2024
As per the Real Estate Regulatory Act, a chairman's tenure is for a period of five years or until they complete 65 years of age. Mehta, who will turn 65 on September 21, will hand over the baton to Saunik on September 22.
Notably, Saunik is the husband of Sujata Saunik, the current chief secretary of Maharashtra. With his vast experience in administration, Saunik is expected to bring in a fresh perspective to MahaRERA, which was established by the state government to regulate and promote the real estate sector in Maharashtra.
The appointment of Saunik as the chairman of MahaRERA is seen as a significant move, considering the importance of the real estate sector in the state. With his leadership, the authority is expected to play a crucial role in ensuring transparency and accountability in the sector, ultimately benefiting homebuyers and stakeholders alike.
MahaRERA was established by the Maharashtra government to regulate and promote the real estate sector in the state. The authority is responsible for ensuring that real estate developers comply with the provisions of the Real Estate Regulatory Act, and that homebuyers are protected from fraudulent activities.
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.
Frequently Asked Questions
Who is the new chairman of MahaRERA?
Manoj Saunik is the new chairman of MahaRERA.
When will Manoj Saunik take over as the chairman of MahaRERA?
Manoj Saunik will take over as the chairman of MahaRERA on September 22.
Who is the current chairman of MahaRERA?
Ajoy Mehta is the current chairman of MahaRERA.
What is the tenure of a chairman of MahaRERA?
The tenure of a chairman of MahaRERA is for a period of five years or until they complete 65 years of age.
What is the role of MahaRERA?
MahaRERA is responsible for regulating and promoting the real estate sector in Maharashtra, and ensuring that real estate developers comply with the provisions of the Real Estate Regulatory Act.
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