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Disputes between Flat owners and property developers will see quick redressal

No Comments Sub Category:Uncategorized Posted On: Jul 21, 2011

To be tabled in the monsoon session, which will kick off at the end of July, the authority will act as a quasi-judicial body that will deal with protection of consumers. With the state government all set to form a housing regulatory authority, the disputes between flat owners and developers will see quick redressal. The bill will propose at bringing in an amendment to the Maharashtra Ownership Flats Act, 1963, to form the authority.

However, the authority will in no way be in a position to regulate the prices of properties. The Housing authority bill would look at cases to do with private building.In the current system, the only way one addresses property disputes is by either lodging a case under the act with the police, which then goes over to the city civil court. The proposed bill would not only look at cases to do with private building, but also cover cases which will fall under the ambit of the Maharashtra Housing and Area Development Authority and the Mumbai Metropolitan Region Development Authority.

“We are going to table the bill in the monsoon session. A retired judge will be appointed to head the authority. Developers faulting will have to cough up a fine and will attract a two-month imprisonment,” said Sachin Ahir, minister of state for housing.

“When the authority comes into place, if one is not happy with its order, then it can be challenged in the high court,” Ahir said.

Hindustan Times

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