CM Sir, please implement RERA in letter and spirit and in the manner it was intended
0 have signed. Let’s get to 500!
The Real Estate Regulation Act- RERA- was enacted to protect home-buyers from those unscrupulous builders and developers who lie, cheat and misrepresent facts at the time of selling buyers their 'dream house'. The Government, seeing the anguish and frustration of the helpless home buyers, decided to frame an Act which would serve as a guideline and a model code for builders and developers engaged in the business of construction and selling of dwelling units as also commercial properties.
The States in turn were to either ratify it in toto and introduce it, or tweak it a bit to incorporate minor changes in tune with their own laws already in operation.
The Uttar Pradesh Government, most likely under pressure and for a pecuniary consideration from errant builders and developers, has chosen to drastically dilute it's version, which has rendered it just a shadow of the original, with no teeth, and loaded heavily in favour of the very builders and developers it was supposed to protect the buyers from!
I live in a Society called Czar Suites in Greater Noida and the builder here is a serial offender- Supertech- His brochures project an idyllic life for 844 flat buyers with lush greenery and world class amenities, but the builder has gone on to construct a total of 1904 flats- of which, according to a recent HC observation, 1060 are illegal and have been ordered to be sealed. Imagine the plight of these hapless buyers who will soon be served eviction notices.
Under the amended Act, there is no control or restriction over the time a builder will now take to complete the project and the number of changes he can make, although the Central Act specifies that the time should be capped at two years.
The amended Act states that once a completion certificate has been received by the builder, he cannot make any changes to a project. This means that a builder can make changes in the original project plan till he decides to apply for a completion certificate. This means that in UP there will be no sanctity of the approved, submitted plan.
The amended Act specifies that the builder inform the buyer of the the built-up and common areas of the apartment. It, however, does not specify the carpet area and that continues to be a lacunae and is contrary to the RERA norms, opine legal experts.
We appeal to the Hon'ble Chief Minister, Yogi Adityanath ji, to revisit the provisions of the Act and align it with the goals and objectives it was intended for, so that the interests of the buyer are protected and they can buy their dream property without fear of getting cheated.
Today: Chandini is counting on you
Chandini Mathur needs your help with “Chief Minister of UP Yogi Adityanath: CM Sir, implement RERA in letter and spirit and in the manner it was intended”. Join Chandini and 401 supporters today.