MahaRera Suggests appointing multiple agencies to drive OCs to projects
Real Estate

MahaRera Suggests appointing multiple agencies to drive OCs to projects

  • Move to help avoid monopoly of single person holding up project’s OC
  • More than 700 projects have got delayed OC although developers applied for OC on time.
  • Speaking at CREDAI’s Event ‘YouthCon-19’ held In New Delhi on February 13-14, 2019, Gautam Chatterjee, Chairman, MahaRera, opined that multiple agencies should be given the task of granting Occupancy Certificates to housing projects in order to break the monopoly of a single officer on whom the onus is put at present. He informed that there were 700 projects in Maharashtra alone where developers had submitted all documents and applied for OC well in time but all their efforts were stonewalled by a single officer who had the authority to grant the OC. Although the approvals had been given by the same planning authority, Gautam Chatterjee stated that he failed to understand why the officer representing the same planning authority took so much time for granting the OC to the project which had been built in accordance to the Commencement Certificate. He suggested the mechanism of outsourcing the process of granting Occupancy Certificates to multiple agencies having a panel of planners and architects to check and grant OCs to projects so as to break the monopoly of the single officer who had power to delay the OC without any reason due to his lack lustre attitude.

    Chatterjee educated about RERA along with Rajive Kumar, Uttar Pradesh RERA Chief; Anthony De Sa, Madhya Pradesh Chief; and KK Khandelval, Haryana RERA Chief; who were present at the event.

    The MahaRera Chairman gave this opinion on the query by Nayan Shah, President, CREDAI-MCHI, who opined that developers are looking for the day when the approval authorities could come under the ambit of RERA.

    CREDAI-MCHI is an apex body of developers, which is recognised by Government of Maharashtra and helps in meeting their objectives of providing housing, which is sought after human necessity/requirement. With a strong membership of over 1,800+ leading developers in Mumbai, CREDAI-MCHI has expanded across MMR, having its own units in Thane, Kalyan-Dombivli, Mira-Virar, Raigad and Navi Mumbai. Members of CREDAI-MCHI account for 80 per cent of the organised development of new residential and commercial properties in Mumbai and MMR area.

    Move to help avoid monopoly of single person holding up project’s OC More than 700 projects have got delayed OC although developers applied for OC on time. Speaking at CREDAI’s Event ‘YouthCon-19’ held In New Delhi on February 13-14, 2019, Gautam Chatterjee, Chairman, MahaRera, opined that multiple agencies should be given the task of granting Occupancy Certificates to housing projects in order to break the monopoly of a single officer on whom the onus is put at present. He informed that there were 700 projects in Maharashtra alone where developers had submitted all documents and applied for OC well in time but all their efforts were stonewalled by a single officer who had the authority to grant the OC. Although the approvals had been given by the same planning authority, Gautam Chatterjee stated that he failed to understand why the officer representing the same planning authority took so much time for granting the OC to the project which had been built in accordance to the Commencement Certificate. He suggested the mechanism of outsourcing the process of granting Occupancy Certificates to multiple agencies having a panel of planners and architects to check and grant OCs to projects so as to break the monopoly of the single officer who had power to delay the OC without any reason due to his lack lustre attitude. Chatterjee educated about RERA along with Rajive Kumar, Uttar Pradesh RERA Chief; Anthony De Sa, Madhya Pradesh Chief; and KK Khandelval, Haryana RERA Chief; who were present at the event. The MahaRera Chairman gave this opinion on the query by Nayan Shah, President, CREDAI-MCHI, who opined that developers are looking for the day when the approval authorities could come under the ambit of RERA. CREDAI-MCHI is an apex body of developers, which is recognised by Government of Maharashtra and helps in meeting their objectives of providing housing, which is sought after human necessity/requirement. With a strong membership of over 1,800+ leading developers in Mumbai, CREDAI-MCHI has expanded across MMR, having its own units in Thane, Kalyan-Dombivli, Mira-Virar, Raigad and Navi Mumbai. Members of CREDAI-MCHI account for 80 per cent of the organised development of new residential and commercial properties in Mumbai and MMR area.

    Next Story
    Real Estate

    RBI Rate Cut Boosts Confidence Across Housing Market

    Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

    Next Story
    Infrastructure Transport

    BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

    Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

    Next Story
    Infrastructure Urban

    India Pushes Digital Shift In Urban Land Mapping

    The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..

    Advertisement

    Subscribe to Our Newsletter

    Get daily newsletters around different themes from Construction world.

    STAY CONNECTED

    Advertisement

    Advertisement

    Advertisement

    Advertisement

    Open In App