The Delhi Real Estate Appellate Tribunal has initiated suo moto proceedings for ensuring strict compliance of the provisions of the Real Estate (Regulation and Development) Act, 2016 regarding prior registration of projects and also to curb incidents of developers cheating innocent buyers.
The proceedings were initiated yesterday by a coram comprising of Chairperson Justice Chander Shekhar and members Sheo Pratap Singh and Lorren Bamniyal.
The bench issued notice to Commissioners of all the Municipal Zones, Vice Chairman of the Delhi Development Authority, Chairperson of NDMC and the Commissioner of Police.
The development came after the Tribunal was apprised that there was a rampant non-compliance of the provisions of the RERA Act wherein large number of projects were not following the mandatory provision for prior registration of project.
For the said purpose, the Tribunal referred to Section 3 of the Act which talks about prior registration of real estate project with Real Estate Regulatory Authority.
The Tribunal also noted that the Registry had addressed couple of communications to the Commissioner of Police seeking details of the FIRs registered in respect of societies or individuals offering membership of housing projects and fraudulently collecting huge amounts of money from the gullible buyers in the city.
However, the Tribunal noted that the details were not received till date despite lapse of a considerable period of time and reminder.