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Maharashtra: Going to buy a house soon? Here are 14 ‘must know’ points to keep in mind

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Prior to stepping out to commence house hunting, the home buyers are supposed to do some homework. Usually, individuals either approach real estate agents or walk-in into a developer’s construction and sales site. What gets ignored is due diligence as prescribed by the Maharashtra Real Estate Regulatory Authority (MahaRERA).

A homebuyer should always be cautious on what they are verbally assured and promised by the builder and an agent vis-à-vis what is actually mentioned in the fine print of the documents signed. There have been numerous instances wherein there has been a mismatch in verbal promise and the legal conditions in an agreement for sale.

The Maharera has issued some basic guidelines for such home buyers as well as investors to prevent fraud and getting into trouble while transacting in a real estate deal.

Prior to sealing the deal, question oneself with:

BEFORE BUYING A HOME

1) Check only MahaRERA registered project

2) Verify developer mentioned completion date on MahaRERA’s website

3) Ink an agreement and allotment letter as per prescribed format

4) Don’t pay more than 10% payment prior to signing the agreement

5) Entertain only through MahaRERA registered real estate agents

IMPORTANT MahaRERA PROVISIONS

6) Financial Discipline: 70% of funds collected to be used for construction

7) Transparency: Detailed project information on MahaRERA’s website

8) Quarterly progress reporting by promoters

9) Consent of two-third allottees must for any major project alteration or addition

10) Complaint filing & conciliation

AFTER THE PURCHASE

11) Monitor the project’s progress through MahaRERA website

12) Only MahaRERA Carpet Area to be referred to for all transactions

13) Ensure documents are as per Model Agreement & Model Allotment Letter

14) Complaint against Promoter or Agent for breach of any promise

If the project is registered with MahaRERA, the developers have to fulfil several conditions under the RERA Act for the benefit of the customer. These conditions include maintaining an escrow account for the project. A total of 70% of the money received from the buyers for the project has to be kept in this account to undertake work on the same project. Moreover, the developer is required to update the project status on MahaRERA’s website every three months.

“Apart from this, starting January 1, MahaRERA will register new projects having the DIN Number of all the directors and promoters of the project. This is to make transparent the related interest that the promoter has other than the project that is under construction,” said a MahaRERA official.

Maharashtra

‘BJP Has Polarised Religion, Now They Are Trying To Polarise Language’: Maharashtra Congress President Harshwardhan Sapkal

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New Delhi: Amidst the ongoing language row in Maharashtra, state Congress President Harshwardhan Sapkal hit out at the BJP and alleged that they were trying to polarise the language.

Harshwardhan Sapkal said, “The BJP keeps cursing the word secularism every day. Secularism is a necessity for the country and its culture. Secularism is not only used for language but also equality and caste. States also use secularism. Secularism is used for language also. BJP has no concern about secularism so they are trying to create rift in between 22 languages in the country. Unity in Diversity has a direct connection with secularism, and both concepts are related to language and culture. They have already caused polarisation based on caste and religion. Now they are trying to polarise language as well.”

He further said that the BJP believes in one country, one leader, one religion, one language and before this, the BJP has created a rift in religion and caste.

Earlier, addressing the issue of Maharashtra Navnirman Sena (MNS) workers being detained in Mumbai, Aaditya Thackeray on Tuesday stated that everyone has the right to protest in the country.

“Everyone has the right to protest. We don’t know why the BJP is anti-Maharashtra and anti-Marathi, and why people were arrested last night. There was a peaceful protest. They should have allowed it. Everyone has the right to protest”, he said.

Aaditya Thackeray noted that the BJP is trying to spread “hatred” and create conflicts between “Marathi and non-Marathi people,” he said.

He further stated that the “BJP’s divisive agenda,” ahead of the BMC and Bihar elections, would not succeed.

“The BJP is trying to spread hatred in Maharashtra and create conflicts between Marathi and non-Marathi people. Their agenda won’t work. Their agenda for the Bihar and BMC elections is to create division. This is the BJP’s tactic, and it won’t succeed”, he said.

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Maharashtra

‘Food Was Stale, I Vomited’: Shiv Sena MLA Sanjay Gaikwad Defends Himself For Hitting & Abusing Canteen Staff In Mumbai

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Mumbai: Shiv Sena MLA Sanjay Gaikwad punches canteen staff over stale food “The food was stale, I vomited after smelling it and taking the first bite,” said Shiv Sena (Shinde faction) MLA Sanjay Gaikwad, defending his assault on a canteen staffer at the MLA Hostel in Mumbai.

The video of the incident, which has surfaced on social media, showed the Maharashtra lawmaker calling people and asking them to smell the food packet in the canteen. The heated confrontation soon led to physical violence.

MLA’s Reaction To Backlash

Shiv Sena MLA Sanjay Gaikwad expressed his frustration over the poor food quality at the Akashwani canteen, where he has been a patron for 30 years. He highlighted complaints about stale and unhygienic food, including 15-day-old eggs and non-vegetarian items, and the presence of insects and dirt.

After experiencing bad food himself, he insisted that others confirm its staleness, which they did. Gaikwad stressed the importance of serving clean and healthy food, labeling current conditions a health hazard. He lamented the lack of action from the government despite numerous complaints and urged for a check on the canteen’s kitchen, voicing concern for the health of the 5,000-10,000 patrons who rely on the service.

‘I Will Do It Again…’: Shiv Sena MLA Sanjay Gaikwad

When asked about assaulting the canteen staff, Gaikwad said that the food was in the worst condition and that he would hit the canteen staff again for a similar service. “Natural meri jo reaction thi ki agar aap Hindi mein samajhte nahi ho, Marathi mein samajhte nahi ho, angreji (English) mein samjhte nahi ho toh aakhir mein humara Shiv Sene ka style humara phir asal rehta hi hai”, MLA stated this conversation

“Meri bhasha aakhir mein ye rehti hain” said Gaikwad in response to the incident. The incident took place at the Akashvani MLA canteen in Churchgate, where several legislators are staying during the Monsoon Session of the Maharashtra Assembly.

The incident comes amid ongoing political friction between the MNS and the Mahayuti government, led by the BJP, over the MNS’s aggressive campaign promoting the use of Marathi among residents of the state.

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Maharashtra

Mumbai: NCP (SP) President Sharad Pawar Urges Maharashtra Govt To Resolve Teachers’ Protest At Azad Maidan Without Delay

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Mumbai: NCP (SP) president Sharad Pawar on Wednesday demanded that the Maharashtra government take immediate action to resolve the ongoing protest here by teachers of aided and partially aided schools from across the state.

He was speaking to reporters after meeting the protesting teachers at Azad Maidan in south Mumbai.

The teachers from aided and partially aided schools have launched an agitation claiming that the government has not increased grants to their institutes despite announcements. Also, whatever grants they receive now are being released in instalments, which hampers the management of their schools, they have said.

“The state should not waste more than a day issuing the order (resolving their issues). I have worked in various legislative houses for the last 56 years. I am aware of how decisions are made,” said Pawar.

The NCP (SP) chief was accompanied by Lok Sabha member Nilesh Lanke and MLA Rohit Pawar.

He criticised the practice of releasing grants in batches. “Without real financial allocation, issuing orders means nothing. They should be thrown into the dustbin. The government cannot shy away from its responsibilities,” Pawar said.

The teachers have been protesting for the past four days, coinciding with the monsoon session of the state legislature.

“Be it government or semi-government, workers are important. Teachers provide knowledge to society. It is the responsibility of the state government to give these people an opportunity to live a respectful and dignified life,” he said.

Stressing that teachers shape the new generation, Pawar said it does not look good for Maharashtra that they must sit in the rains to protest for their “rightful” demands.

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