Desai Announces Enhanced MahaRERA Recovery Measures

Desai Announces Enhanced MahaRERA Recovery Measures.webp

Mumbai, February 26 The government will take strict measures to recover outstanding dues under the Maharashtra Real Estate Regulatory Authority (MahaRERA), state minister Shambhuraj Desai told the assembly on Thursday.

In response to a question raised by BJP MLA Atul Bhatkhalkar regarding the non-implementation of MahaRERA orders issued for compensation to homebuyers, Desai said the state government aims to increase the recovery rate beyond 34 per cent.

The Centre has directed states to ensure effective implementation of RERA in the interest of homebuyers, Desai said, adding that Prime Minister Narendra Modi had also reviewed the issue with chief secretaries of all states and advised a strict recovery policy.

"The state government has issued special instructions to all district collectors to expedite recovery. Officials have been directed to trace the properties of defaulting builders through land records, the stamp and registration department, the property tax department, company registration authorities, the RTO, and, if necessary, the income tax department," Desai informed the House.

Properties of developers in other districts will also be identified, and recovery will be carried out through the Revenue Recovery Certificate (RRC) process, the minister added.

The chief secretary has been holding review meetings with divisional commissioners and district collectors, and special attention will be given to districts like Kolhapur, Mumbai, and Palghar, where recovery is low, he said.

Deputy Chief Minister and Housing Minister Eknath Shinde has also directed regular review meetings with officials, and strict action will be taken to improve the recovery rate, Desai said.
 
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company registration authorities district collectors eknath shinde government action homebuyers income tax department land records maharashtra real estate regulatory authority maharera outstanding dues property recovery property tax department real estate revenue recovery certificate stamp and registration department
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