Housing department officials have said that Maharashtra will follow the Centre’s Real Estate (Regulation and Development) Act, 2016, and is planning to publish the final rules this month so that the legislation can be implemented from May 1.
The officials said the file for publishing the rules is in the final stages of approval.
“There will be no dilution of the act from our side. There were concerns from consumer bodies after the draft rules were published and hearings were held by the department. After the hearing, necessary amendments have been incorporated in the rules, which are in consonance with the central act. We are working towards implementing RERA from May 1,” a senior official from the housing department said.
Read more: The Economic Times