Updated On: 17 August, 2023 07:20 AM IST | Mumbai | Vinod Kumar Menon
RERA practitioners concerned by glaring lapses and oversights that have exposed real estate underbelly

One of the allegedly illegal buildings in VVCMC jurisdiction. File pic
Rera practitioners have expressed concern over how the Vasai Virar housing scamsters managed to slip through MahaRERA’s scrutiny with forged documents, obtaining official registration on its platform. While MahaRERA urges the public to invest solely in RERA-registered projects, it has itself failed to ensure the authenticity of projects before issuing registration numbers. This contradiction misleads flat buyers and prompts experts to call for a re-evaluation of MahaRERA’s processes.
Abhay Upadhyay, president of the Forum for Peoples Collective Efforts and a member of the Central Advisory Council for RERA, said, “The recent Vasai-Virar housing scam has exposed a gaping flaw in MahaRERA’s project registration system. It’s evident that MahaRERA mechanically processes submissions without verifying the authenticity of documents provided by promoters or developers for project registration. Their focus should prioritise safeguarding homebuyers by thoroughly examining essential documents.”