MahaRERA slaps penalty on Nagpur's Nirmal co-operative society
In a stern warning to builders failing to register their projects under the Real Estate (Regulation and Development Act), 2016, the Maharashtra Real Estate Regulatory Authority (MRERA) slapped a hefty penalty of Rs6 crore on NirmalUjjwal Credit Cooperative Society Limited.
Member BD Kapadnis of M
In a stern warning to builders failing to register their projects under the Real Estate (Regulation and Development Act), 2016, the Maharashtra Real Estate Regulatory Authority (MRERA) slapped a hefty penalty of Rs6 crore on NirmalUjjwal Credit Cooperative Society Limited.
Member BD Kapadnis of Mumbai-based MRERA sternly directed the society promoted by PramodManmode to register their NirmalNagari project at MouzaHarpur on Ring Road here within three weeks.
This is the first time in Maharashtra that such a huge cost was imposed on the builder, said head of RERA’s Nagpur division Girish Joshi.
After receiving a complaint in this regard from NirmalNagari resident PranaliPuttewar, Joshi and his team conducted investigations and found that Manmode had failed to register his huge township spread over 17.4 acre with MRERA.