New Leadership Ahead: Manoj Saunik to Take the Reins at MahaRERA
MahaRERA gets a new chairman, Manoj Saunik, as Ajoy Mehta vacates the post in September. Over 20,000 real estate agents in Maharashtra face registration suspension.
MahareraReal EstateMaharashtraAjoy MehtaManoj SaunikReal Estate MaharashtraJul 16, 2024
Ajoy Mehta, a 1984-batch IAS officer, has been serving as the chairman of MahaRERA since February 2021. According to the Real Estate Regulatory Act, a chairman's tenure is for a period of five years or until the chairman completes 65 years of age. In this case, Mehta will complete 65 years of age on September 21, and hence the new chairman will take over from September 22.
Before Mehta, former IAS officer Gautam Chatterjee of the 1982 batch was the first chairman of MahaRERA since its inception in May 2017. Under Mehta's leadership, MahaRERA has made significant progress, with over 46,000 projects registered and more than 15,000 projects completed, according to the data uploaded on MahaRERA's website.
MahaRERA has also received more than 25,000 complaints against real estate projects, with 17,000 complaints closed and hearings for around 8,000 complaints ongoing. The authority has also taken stringent actions against errant real estate agents, suspending the registration of over 20,000 agents in Maharashtra.
Manoj Saunik, who is expected to take charge on September 22, has had a distinguished career in the Maharashtra government, holding several important portfolios. He retired as Maharashtra chief secretary in December 2023.
Information
Maharashtra Real Estate Regulatory Authority (MahaRERA) is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to regulate and promote the real estate sector in Maharashtra.
Maharashtra Real Estate Regulatory Authority (MahaRERA) is a government agency responsible for regulating and promoting the real estate sector in Maharashtra. Established in 2017, MahaRERA aims to ensure transparency, accountability, and fair play in the real estate market.
Frequently Asked Questions
Who is the current chairman of MahaRERA?
Ajoy Mehta, a 1984-batch IAS officer, is the current chairman of MahaRERA.
Who will take over as the new chairman of MahaRERA?
Manoj Saunik, a retired IAS officer of the 1987 batch, will take over as the new chairman of MahaRERA.
When will Ajoy Mehta vacate the post of chairman?
Ajoy Mehta will vacate the post of chairman on September 21, 2024.
How many real estate projects have been registered with MahaRERA?
More than 46,000 projects have been registered with MahaRERA.
How many complaints has MahaRERA received against real estate projects?
MahaRERA has received more than 25,000 complaints against real estate projects.
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