economy

MahaRERA chief puts hearing of DSK group’s realty projects on hold

PUNE

:

MahaRERA

chairperson

Gautam Chatterjee

has put on hold hearings of

DSK group

’s realty projects and has directed the complainants to approach the government to delist the properties that have been attached under the

Maharashtra

Protection of Interest of Depositors (

MPID

) in Financial Establishment Act, 1999.

There are over 100 realty projects of the DSK group that are pending with the Maharashtra Real Estate Regulatory Authority (MahaRERA).

In order related to DSK Anandghan project in Haveli taluka, Chatterjee stated that unless the properties were delisted from MPID Act, they couldn’t use the provisions of sections 7 and 8 of the Act to complete the balance work.

“It is pertinent to note that most of these MahaRERA-registered projects of the DSK group are at an advanced stage of completion and a quick redressal of the issue at hand will result in close to 2,000 allottees receiving their completed apartments. Therefore, in the interest of the homebuyers, MahaRERA had requested the government to delist the properties/lands of which the MahaRERA properties projects are under way,” the order stated.

MahaRERA secretary Vasant Prabhu said unless the properties were delisted, no order could be passed to pass on the responsibility of completing these projects to a third party or the association of allottees. “While the complainants rights as allottees remain, they should approach the government to delist the properties before the hearing process can restart,” he said.

The order further stated, “In view of the above facts at this stage, no orders can be passed for revocation of the said project under the provisions of section 7 and 8 of the Real estate regulation and development act (RERA) or any other provision of the act. It is, hereby, ordered that the complainants’ right as allottees in the MahaRERA projects continue to be protected.”

It also stated that liberty was granted to the complainants to file fresh complainants at an appropriate stage. However, the order failed to cut ice with the complainants, who said they had been made to wait for so long to be told to approach the government again, that too, ahead of the Lok Sabha elections.

Ameya Nawathe, a complainant, told TOI that the authorities were testing the patience of the people. “It is a pointless exercise to put the onus on citizens to approach the government. Rera is not giving any relief to allottees. Forget about the refund or the possession with compensation, now the MahaRERA is expressing its inability to transfer the project to a third party. This is exasperating for an investor in the project, who has to fight tooth and nail for the shelter s/ he has put his lifetime savings in,” Nawathe said.

“If Rera is for protection of homebuyers, this order doesn’t serve the purpose,“ he said.


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