Mumbai Real Estate: MahaRERA's Plan to Plug Leakage Issues in Apartments
MahaRERA makes third-party quality assurance certificate mandatory for developers to address leakage issues in Mumbai apartments
Mumbai Real EstateMahareraLeakage IssuesQuality Assurance CertificateThirdparty InspectionReal EstateAug 22, 2024
This move is aimed at ensuring that developers adhere to strict quality control measures, reducing the likelihood of leakage issues in apartments. The certificate will be issued by a third-party agency, which will conduct regular inspections of the project to ensure compliance with quality standards.
According to a MahaRERA official, the regulator has received numerous complaints from homeowners about leakage issues in apartments.
Frequently Asked Questions
What is MahaRERA's plan to address leakage issues in apartments?
MahaRERA has made it mandatory for developers to submit a third-party quality assurance certificate to the regulator every six months.
Why has MahaRERA set up a committee to investigate complaints about leakage issues?
MahaRERA has set up a committee to investigate complaints about leakage issues and suggest measures to prevent such issues in the future.
How will MahaRERA's move affect the real estate sector in Mumbai?
MahaRERA's move is expected to restore confidence among homebuyers and ensure that developers adhere to quality standards.
What is the role of the Maharashtra Chamber of Housing Industry (MCHI) in the real estate sector?
MCHI is a trade association that represents the interests of developers in Maharashtra and has been instrumental in promoting the real estate sector in the state.
What is the purpose of the third-party quality assurance certificate?
The third-party quality assurance certificate is aimed at ensuring that developers adhere to strict quality control measures, reducing the likelihood of leakage issues in apartments.
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