When it comes to real estate investment, there are various scams and frauds associated with it. The government has introduced RERA, or Real Estate Regulatory Authority, to protect buyers’ interests. The act ensures safe and secure transactions between buyers and developers and has also incorporated a mechanism for dispute resolution.
If you are a homebuyer and have faced any issues with your builder, then you can file a complaint under the Real Estate (Regulation and Development) Act, 2016 (RERA). This blog post will walk you through filing a complaint under RERA.
Let’s get started.
The Real Estate (Regulation and Development) Act, 2016 (RERA) is an Act of the Parliament of India that seeks to protect the interests of home buyers in India. It was passed on May 15, 2016 and came into effect on May 01, 2017.
The RERA Act has been enforced to boost investments in the real estate sector and bring transparency and accountability to the sector. The act applies to all ongoing and new projects registered under it.
Under RERA, each real estate project must be registered with the regulatory authority before launching or even advertising it. Promoters cannot accept bookings without first registering the project.
Steps to File a Complaint Under RERA
Several state governments have made the procedure of submitting a grievance under RERA easier and less complicated by developing authorized RERA websites. Any homebuyer can submit a RERA complaint online through the website by completing a form and submitting the registration fee.
The complainant must go to the state’s official site to submit a claim to the authority. Find the “Complaint Registration” section on the portal by searching for it. For example, homeowners can register a RERA complaint against a builder by selecting the link underneath “COMPLAINT REGISTRATION” just beside “AGENT REGISTRATION.”
Fill in the Details
Select the link for filing a complaint. You will be led to the claim form, where you must enter the specifics of your concern. Homebuyers must give their personal information, like name, address, contact information, and project information, to file a complaint. Complainants may also attach appropriate evidence.
After filling out the form, you need to pay between Rs 1,000 and Rs 5,000 to file the complaint, as specified by the state authority. The fee is deposited online through credit cards, debit cards, or net banking. A receipt will be provided to the complainant for future reference after the successful payment of fees.
How to Check the RERA Complaint Status?
Browse the RERA website for the appropriate state and visit the link for grievance status if you wish to find out the current stage of your RERA complaint. Most states now permit the option to monitor the progress of grievances online. It is critical to remember that you cannot file a RERA complaint if you already have a case against the developer pending with a consumer court or the National Consumer Disputes Redressal Commission (NCDRC).
According to the RERA Act, complaints must be resolved within sixty days of filing. When there is a backlog, it must be disclosed to the property buyer along with good justification. So, when the RERA authority takes action, reviewing the status of your complaint might help you respond quickly.
Benefits of Filing a Case Under RERA
The major benefits of filing a case under RERA are:
- You can get your money back: A buyer is entitled to a refund if the developer fails to comply with the requirements of RERA before or after the project is registered.
- You can get possession of your home: If the builder has not handed over possession of your home even after the scheduled date, you can file a complaint and seek possession.
- You can get compensation for delays: If the builder has delayed handing over possession of your home, you may be entitled to receive interest and/or compensation for every month (or part thereof) that you have been delayed.
So, if you’re facing any issues with your ongoing or completed housing project, don’t hesitate to file a complaint under RERA! It’s the best way to protect your investment and get the resolution you deserve.
The Bottom Line
If you have a valid complaint against your builder, you can file a case under RERA. However, it is crucial to remember that the process can be lengthy, and there is no guarantee that you will win your case. Nevertheless, it is always worth filing a complaint if you feel like your builder has wronged you.
After all, RERA was put into place specifically to protect the rights of home buyers!
So, you must use the MAHA RERA website to search if you want to invest in a specific project in Mumbai. The best course of action would be to invest in Piramal Realty properties. They are well-known, have top-notch amenities, and enjoy excellent social standing. You can go to their website to learn more about these homes.
Disclaimer- This article is based on the information publicly available for general use. We do not claim any responsibility regarding the genuineness of the same. The information provided herein does not, and is not intended to, constitute legal advice; instead, it is for general informational purposes only. We expressly disclaim any liability, which may arise due to any decision taken by any person/s basis the article hereof. Readers should obtain separate advice with respect to any particular information provided herein.