- Super Cup 2018 Final Highlights: Bengaluru FC thrash East Bengal 4-1 to lift inaugural Super Cup trophy
- LIVE UPDATES: Opposition parties give notice for impeachment of CJI, Jaitley calls it 'threat to judicial independence'
- Bharat Ane Nenu movie release LIVE UPDATES: Review, audience reaction and more
The Chandigarh estate office, municipal corporation and group housing societies will all be covered henceforth by Real Estate Regulatory Authority (RERA). The Chandigarh Administration has appointed UT secretary housing as the head of the temporary RERA, whose mandate is to ensure transparency and efficiency in real estate dealings with a view to protect the interest of buyers.
Watch Video | RNG Awards: Narendra Modi On Role Of Media
A permanent Authority will be formed in April 2017. It will be headed by a retired judge of the High Court.
Earlier, for any shortcomings or deficiencies of service on the part of estate office and MC after the sale of properties, the buyer could only approach the consumer dispute forum. The court could take years to decide the complaint. Now, RERA can take up such complaints, and has to give its decision in 60 days.
City-based advocate Ajay Jagga, who deals with real estate cases, stated that the consumers can approach the Authority against estate office and MC for deficiency in service.
Both the Estate office and Corporation auction properties. The Estate office is planning to hold an auction of 40 shortlisted sites -20 each of commercial and residential. Commercial properties are mainly booths in sectors 37, 39 and 43, while residential properties are in sectors 40, 37 and 35. All the commercial sites are leasehold, while residential sites are freehold.
Sale/purchase of flats in group housing societies through real estate agents also falls under the ambit of RERA. However, where the transaction takes places directly between owner of the property and buyer, such cases are not covered under the scope of the Authority.
Group Housing Cooperative Societies Welfare Council chairman Satish Chandra Sharma said that in majority of transactions real estate agents are involved. “RERA is a good initiative which will be beneficial for the consumers,” said Sharma.
In city there are a total of 112 group housing societies having over 15,000 flats in sector 48, 49, 50 and 51. Out of total, only 35 societies are on land allotted on freehold basics.
Jurisdiction of the Authority
As per the norms, jurisdiction of the authority is the place where the real estate/project/land is situated. “If a developer has registered office in Mumbai, but execute a project in Chandigarh, then the case will fall in the jurisdiction of Chandigarh RERA,” said Ajay Jagga.