Manoj Saunik Takes the Reins: New Chairman of MahaRERA

Former Maharashtra chief secretary Manoj Saunik has been appointed as the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA)

MahareraMaharashtra Real EstateReal Estate Regulatory AuthorityManoj SaunikAjoy MehtaReal Estate MaharashtraJul 16, 2024

Manoj Saunik Takes the Reins: New Chairman of MahaRERA
Real Estate Maharashtra:The Maharashtra state government has announced the appointment of Manoj Saunik, former chief secretary of Maharashtra, as the new chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA). Saunik will take charge of the post after the current chairman, Ajoy Mehta, retires on September 20. Notably, Saunik is the husband of Sujata Saunik, the current chief secretary of Maharashtra.

The MahaRERA was established by the state government to regulate and promote the real estate sector in Maharashtra. The authority plays a crucial role in ensuring transparency and accountability in the sector, and its chairman is responsible for overseeing its functioning.

Manoj Saunik has a rich administrative experience, having served as the chief secretary of Maharashtra. His appointment as the MahaRERA chairman is seen as a significant development in the real estate sector, which has been facing several challenges in recent times.

As the new chairman, Saunik will be responsible for implementing the Real Estate (Regulation and Development) Act, 2016, and ensuring that developers comply with the norms and regulations set by the authority. He will also be responsible for resolving consumer complaints and disputes related to real estate projects.

The appointment of Manoj Saunik as the MahaRERA chairman is expected to bring in a new era of transparency and accountability in the real estate sector in Maharashtra. His experience and expertise will be crucial in addressing the challenges faced by the sector and promoting its growth and development.

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 Manoj Saunik take charge as the MahaRERA chairman?

Manoj Saunik will take charge as the MahaRERA chairman after the current chairman, Ajoy Mehta, retires on September 20.

What is the main objective of MahaRERA?

The main objective of MahaRERA is to regulate and promote the real estate sector in Maharashtra, ensuring transparency and accountability.

Who is the current chief secretary of Maharashtra?

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

What are the responsibilities of the MahaRERA chairman?

The MahaRERA chairman is responsible for implementing the Real Estate (Regulation and Development) Act, 2016, ensuring compliance with norms and regulations, resolving consumer complaints, and promoting the growth and development of the real estate sector.

Related News Articles

Pune's Porsche Crash Case Takes a New Turn: Police Seek Extension of Juvenile's Custody
Real Estate Pune

Pune's Porsche Crash Case Takes a New Turn: Police Seek Extension of Juvenile's Custody

The police claim the juvenile was under the influence of alcohol at the time of the accident, and now they're seeking an extension of his custody.

June 5, 2024
Read Article
Goa's Property Deals: A Murky and Bloody Business?
Real Estate Mumbai

Goa's Property Deals: A Murky and Bloody Business?

Increasing violence in Goa's property deals, broker disputes, and alleged mafia involvement have raised concerns about the industry's integrity.

August 31, 2024
Read Article
CREDAI-MCHI Launches Quick Real Estate Mall: A Game-Changer in Home Buying
real estate news

CREDAI-MCHI Launches Quick Real Estate Mall: A Game-Changer in Home Buying

CREDAI-MCHI, the leading real estate developers' association in the Mumbai Metropolitan Region (MMR), is set to launch India’s first Quick Real Estate Mall at the 32nd CREDAI-MCHI Property and Home Finance Expo. The event, scheduled from January 17 to 19,

January 2, 2025
Read Article
Real Estate Market at a Crossroads: Peter Thiel's Insights and Predictions
real estate news

Real Estate Market at a Crossroads: Peter Thiel's Insights and Predictions

Will the real estate market crash in 2025? After a prolonged bull run, are there signs of a downturn? Peter Thiel, co-founder of PayPal and influential investor, shares his thoughts on the future of US real estate.

January 16, 2025
Read Article
Delhi-NCR Surpasses Mumbai & Hyderabad, Joins Rs 1 Lakh Cr Housing Sales Club in 2024
real estate news

Delhi-NCR Surpasses Mumbai & Hyderabad, Joins Rs 1 Lakh Cr Housing Sales Club in 2024

Delhi-NCR has emerged as India's top housing market in 2024, surpassing Mumbai and Hyderabad in total sales value, according to a report by real estate analysts. The region's robust growth is driven by a combination of favorable economic conditions, infra

March 11, 2025
Read Article
Mumbai EoW Registration Files FIR Against Real Estate Developer for Fraudulent Actions
Real Estate Mumbai

Mumbai EoW Registration Files FIR Against Real Estate Developer for Fraudulent Actions

The Economic Offence Wing (EoW) of the Mumbai Police has registered an FIR against a real estate developer for allegedly cheating a farmer out of ₹17 crore. The case highlights the ongoing issues in the real estate sector, where developers often exploit landowners, leading to significant financial losses.

April 30, 2025
Read Article