Real Estate Regulatory Authority (RERA) Comes to Town

Thanks to Residents of Palladium Grand Dhanori & Pune Municipal Commissioner Kunal Kumar!

Pune Municipal Commissioner Kunal Kumar

If your builder has not fulfilled all conditions & commitments mentioned in the commencement and/or completion certificate issued for your project, Pune Municipal Corporation (PMC) will issue Stop Work Order for the builder's other ongoing projects.

Your builder can resume the construction of these projects only after you - the Flat Buyers - and the Enquiry Officer certify that the builder has completed your project exactly as per the conditions & commitments mentioned in the commencement & completion certificate issued by PMC.

It is the duty of City Engineer's Office to confirm that the builder has fulfilled all conditions & commitments in the commencement & completion certificate issued by their department.

If the City Engineer's Office fails to discharge their duties, Pune Municipal Commissioner will take strict action against the responsible officers.

By issuing these directives Pune Municipal Commissioner Kunal Kumar has proved how easy it is to regulate the real estate business.

Let the flat buyers monitor the performance of the builder & the city engineer's office.

Let the flat buyers certify that the builder has implemented all conditions & commitments mentioned in the commencement & completion certificate issued by PMC.

Let Pune flat buyers be the real estate regulator.

By activating flat buyers regulatory mechanism, Mr. Kunal Kumar has solved an age old problem of monitoring the 'conditional clearances' issued for housing projects.

Without increasing the expenditure in municipal budget, Kunal Kumar has set an effective & inexpensive mechanism to confirm that the builders are fulfilling conditions & commitments.

By making civic administration responsive, the Commissioner has won the hearts of property taxpayers in Pune who are number one revenue sources of PMC - Rs. 950 Crores (approx).

Thanks to the residents of Palladium Grand Dhanori who took initiative in setting up this regulatory mechanism in Pune real estate market.

Theses residents dared to point out the wrong & irresponsible practices in the city engineers' office. The city engineer's office didn't bother to monitor whether their builder has fulfilled the conditions in commencement & completion certificates. Even after the residents brought it to their notice - the city engineer's office refused to take any action against the builder. So, Palladium Grand residents went to Municipal Commissioner Kunal Kumar.

Which are the conditions & commitments the builder of Palladium Grand didn't fulfill? As per the affidavit, the builder didn't supply free water. No rainwater harvesting. No solar water heating system. No garbage management system. No firefighting system. Illegal parking - double than the sanctioned 72 car parks. No two wheeler & cycle parking. Less open space. Changing layout without the consent of the flat buyers. The issues common in the most of housing projects in Pune real estate market.

I am sure, the flat buyers in Pimpri Chinchwad Municipal Corporation (PCMC) & Pune Metropolitan Regional Development Authority (PMRDA) will follow Palladium Grand and help the respective commissioners - Mr.Rajeev Jadhav & Mr. Mahesh Zagade - to set this type of real estate regulatory mechanism in their areas.

It means that, now, the flat buyers in KUL Ecoloch will go to Mr. Mahesh Zagade, chief executive officer PMRDA, and demand to appoint an enquiry officer to confirm that Kumar Builders KUL has fulfilled the conditions & commitments mentioned in the commencement & completion certificate. If the finding is negative PMRDA will issue Stop Work Order for KUL Nation.

Why only PCMC & PMRDA? Now, the flat buyers in Suyog Nisarg at Wagholi will approach Maharashtra Pollution Control Board & State Level Expert Appraisal Committee SEAC III and submit their report about implementation of conditions & commitments regarding environmental clearance and if their claims are true - they will demand action against the builder.

What say you? Would you like to be a regulator and ensure that you get what you have paid for? Not only timely flat possession but the complete infrastructure along with the flat!

After all, you are not an allottee. As they say in The Real Estate (Regulation and Development) Act 2016.
You are the owner. The builder is just a service provider. Sevak.
It's your job to see that you are served well. Right?

If you are curious about the historic meeting of residents of Palladium Grand Dhanori & Pune Municipal Commissioner Kunal Kumar, view this video recording -

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001