RERA Chairman Under Scanner: EOW Launches Preliminary Inquiry into Alleged Irregularities
Retired IAS officer AP Shrivastava, Chairman of Real Estate Regulatory Authority (RERA), faces allegations of misconduct and abuse of power.
ReraAp ShrivastavaEconomic Offences WingPreliminary InquiryReal Estate Regulatory AuthorityReal Estate MaharashtraAug 28, 2024
As per reports, four complaints have been filed against the Chairman, alleging that he has been misusing his power to hinder multi-crore construction projects. One of the complaints alleges that the Chairman had put a project on hold after purchasing a property from one of the builders, resulting in banks stopping funding of around Rs 100 crores to the builder.
Another complaint accuses the Chairman of not following standard operating procedures while granting permissions for projects. Moreover, it is alleged that the Chairman made appointments violating norms, including one appointment without advertising the position.
The EOW has registered a case against the Chairman based on a complaint filed by Prabash Jetli, which states that the Chairman misused his power while making appointments in the authority.
DG, EOW, Ajay Sharma confirmed that a complaint has been received against the Chairman and that a preliminary inquiry has been registered. He added that further action will be taken after the completion of the inquiry.
The allegations against the Chairman have raised concerns about the functioning of RERA and the need for transparency in the real estate sector.
Information
The Real Estate Regulatory Authority (RERA) was established to regulate the real estate sector and protect the interests of homebuyers. The authority is responsible for ensuring that builders and developers comply with the rules and regulations of the sector.The Economic Offences Wing (EOW) is a specialized agency responsible for investigating economic crimes in the state. The agency is headed by DG, EOW, Ajay Sharma.
Frequently Asked Questions
Who is the Chairman of RERA?
AP Shrivastava, a retired IAS officer, is the Chairman of RERA.
What are the allegations against the Chairman of RERA?
The Chairman is accused of misusing his power, hindering multi-crore construction projects, and making appointments violating norms.
How many complaints have been filed against the Chairman of RERA?
Four complaints have been filed against the Chairman.
What is the next course of action in the preliminary inquiry?
Further action will be taken after the completion of the preliminary inquiry.
What is the role of RERA in the real estate sector?
RERA is responsible for regulating the real estate sector and protecting the interests of homebuyers.
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