A complaint has been filed with MahaRERA alleging that developer brothers Jayesh and Ketan Shah obtained RERA registration for three projects by suppressing information. The complaint demands that the authority revoke the registrations in the interest of home buyers. The complaint also alleges that the projects show more sanctioned floors than permitted and that the promoters have not disclosed other projects and pending litigation. The developers deny the allegations. MahaRERA will examine the complaint and take suitable action. | Mumbai news
Ajoy Mehta, Chairman of Maharashtra Real Estate Regulatory Authority, says transparent measures like making developers publish quarterly progress reports one of the reasons behind drop in number of disputes. MahaRERA’s target now is to bring down these disputes to 1%.