Summary:
Pune: Varying powers of MahaRERA members and adjudicating officials has meant that not all cases landing in the Pune office are suitably or fully acted upon, resulting in multiplicity of litigations or delay in administration of justice.“The RERA Act has failed to improve on the previous law. As per property consultancy firm Anarock, the market is yet to look up. It is just on paper and has become just another law. Violation of other sections of the act are heard by the Maharashtra Real Estate Regulation Act (MahaRERA) authority in Mumbai,” Gautam Chatterjee, MahaRERA chairman, said.Real estate lawyer Advocate Harshal Jadhav of Harshal Jadhav and Associates said the RERA Authority can, by government notification, confer powers on the adjudicating officials by making them a member of the RERA. Without effective implementation, the law has become toothless,” Pune-based property lawyer, Amol Patil, said.Ineffectiveness of the law has also not helped in boosting the confidence in the real estate market, which can be seen in the sales numbers..