Just 18% of MahaRERA recovery warrant orders have been completed.

Abhay Shah - December 24, 2023

PUNE: According to the most recent data available from the Maharashtra Real Estate Regulatory Authority (MahaRERA), for the last six years, the 13 district collectorates in the state have only executed 204 recovery warrant complaints out of a total of 1,123 complaints. Out of Rs 736.66 crore, just 18% of the cases have been resolved, resulting in a recovery of Rs 137.74 crore.

The authority has issued recovery warrant orders against 459 projects, out of which 109 projects in the state have had the orders implemented. Pune, Mumbai city, and Mumbai suburban projects had the most number of orders executed.

MahaRERA declared earlier this year that it will keep a careful eye on recovery warrant orders being carried out against misbehaving developers. The action was taken in response to multiple customer complaints about this delayed execution.

The Real Estate (Regulation and Development) Act’s Section 40(1) authorizes the issuance of recovery orders against developers. District collectors receive the warrants in order to attach property and collect unpaid debts. The procedure has been sluggish, though.

241 complaints on 131 projects were filed with RERA in Pune.

Ajoy Mehta, the chairman of MahaRERA, has designated a committed officer to be an additional collector. The officer’s job is to communicate with all collectors and make sure that the complaints are being handled.

In addition, Mehta has been holding weekly meetings to discuss the problem. To make sure that recovery warrant orders are processed quickly, collectors are being called in. We had called in the tehsildar of Karjat, the collectors of Pune, Thane, and Mumbai, an officer stated.

Pune has 241, Thane 183, Alibag 108, Palghar 71, and Mumbai suburban is receiving 442 complaints; the sums to be recovered are in the crores of rupees. According to the data, 131 developments in Pune and 122 projects in the suburbs of Mumbai have received the most complaints.

Officials from the district administration of Pune stated they are pursuing recovery warrant orders. Their data indicates that, as of right now, about 17% of recovery warrant orders have been carried out.”A total of Rs 196.23 crore is to be recovered from the 131 projects that are the subject of the 241 complaints filed in Pune. According to a district official, the total sum collected so far is Rs 34.53 crore from 35 projects, addressing about 51 complaints. The move by MahaRERA to keep an eye on the activities has relieved several homebuyers.

An elderly Pune resident, who has been waiting for the enforcement of a recovery warrant order valued at more than Rs50 lakh issued in his favor, told TOI that it would be extremely beneficial if the authorities kept an eye on the proceedings.

We’ve had enough of making pointless trips to the collector’s office. Malad complainant Arun Sheth said that despite the recovery warrant order being granted in his favor in 2019, he is yet to receive Rs 78 lakh from the developer. “The collectorate has not provided any updates as of yet. At the very least, officials ought to notify us of any developments, he added.

Officials from the Mumbai suburban district administration received contempt notices from the Bombay High Court last year for disobeying its previous orders to execute recovery warrants against the promoters of a Malad (West) project.

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