1. Failure of MahaRERA to Verify Documents
What Happened: The Maharashtra Real Estate Regulatory Authority (MahaRERA) is accused of registering projects by Mohan Lifespaces LLP without verifying the authenticity of commencement and occupancy certificates. These certificates, issued by the Ambernath Municipal Council, were allegedly forged, missing critical project details, and enabled illegal construction.
Impact: This allowed the builder to sell flats in projects like Mohan Nano Estates, Mohan Suburbia, and Mohan Galleria, despite lacking environmental clearances, government fee payments, and proper structural integrity. Over 3,000 homebuyers were misled into purchasing potentially illegal properties, now facing financial and emotional distress.
Systemic Issue: MahaRERA, established under the Real Estate (Regulation and Development) Act, 2016 (RERA), is mandated to ensure transparency and protect homebuyers