MAHARERA chairman stated the biggest challenge is to make builders RERA compliant
Dated on: Monday 30th April 2018
Maharashtra was one of the state to implement RERA in India. As the Real Estate (Regulation and Development) Authority Act completes one year of implementation, the biggest challenge is to keep the builders compliant of the law, said Chairman Gautam Chatterjee.
"Being the first state to implement the Rera Act, there is certainly a feeling of satisfaction as we complete a successful maiden year. But at the same time, there are many areas of concern which we will have to address such as ensuring that builders who have become compliant of the laws remain compliant," Chatterjee told in an interview over the weekend.