MahaRERA quashes 15 real estate projects' registration for 'forged documents'.

 

For the second time in a month, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has revoked the registration of 15 projects owned by developers accused of falsifying documents in order to obtain RERA registration.

All of the projects are within a 50-150-kilometer radius of Mumbai in the jurisdiction of the Kalyan Dombivali Municipal Corporation (KDMC), which is part of the Mumbai Metropolitan Region (MMR).

• Majority of the projects are in the affordable residential housing segment, with unit prices ranging between Rs 30 lakh and Rs 60 lakh.

The 15 real estate projects involve only grade C and D developers rather than major players. Aditya Infra, Gurukrupa Construction, Dhanashree Construction, Durga Construction, Matoshree Developers, and Gaondevi Enterprises are among the companies mentioned.

Around 65 developers are being investigated for allegedly submitting fake permission documents to obtain RERA registration. Of these, registrations of 49 developers were revoked earlier this month, and an additional 15 registrations were revoked via an order dated November 21 by MahaRERA Chairman Ajoy Mehta.

• According to the order, the MahaRERA had on November 21, conducted a physical hearing and summoned the 15 developers. However, none of the developers showed up, forcing the Authority to revoke the registrations of 15 projects under sections 5 and 7 of the RERA Act.

The order states, "In the present case of not obtaining the Commencement Certificate (CCs) from the Competent Authority and misrepresenting to this Authority as well as the allottees / home buyers and collecting money through misrepresentation and taking the bookings in the above-mentioned MahaRERA registered projects can be said to be unfair or deceptive practice (sic)."