Summary:
Maharashtra Conciliation and Dispute Resolution forum was established on January 29, to facilitate resolution of disputes amicably. Till now the conciliation forum has received 601 requests for conciliation. MahaRERA is duly empowered u./s 38(2) of the Real Estate (Regulation and Development) Act 2016 to regulate its own procedure therefore, to facilitate alternate dispute resolution, a set of guidelines was issued and brought into effect. This means that even during the hearing, if there is a chance of finding an amicable solution, it could be settled by the forum. of which conciliation for 181 is completed, for 307 requests the forum has received the consent of the promoter, while 66 cases are in the process of hearing..