RERA declares
Maharashtra RERA stands as an example for the country in ensuring that no issues arise between developers and buyers regarding the sale of plots. Maha RERA, which has already brought many revolutionary reforms, has recently taken a key decision to ensure that there is no ambiguity in the matter of amenities and delivery dates. So far, Schedule Two of the Model Agreement only contained the facilities to be provided concerning the apartment. There was nothing about their delivery date, etc. In this context, Maha RERA clarified that henceforth, their delivery date must also be mentioned in the sale deed.
The details of the facilities to be provided in connection with the project must be given. All details of facilities like swimming pools, badminton courts, tennis courts, table tennis courts, auditoriums, society offices, gyms, squash courts, and the date of completion and handover should be included in the sale agreement. At present, all the details are included in the sale agreements related to the housing project. The specifications include payment schedule, unit price, project handover date, etc. However, there are no details about the facilities that will be provided to the buyers.
How big is the swimming pool, gym, and community center? Also, they have no idea what facilities will be available and when. In each case, the non-availability of goods as per the expectations of the buyers and non-delivery on the scheduled date lead to disputes. In this context, to increase transparency and accountability in this regard, we have decided to include the details of the amenities along with the date when they will be handed over in the agreement, said a Maha RERA official.
