The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a new regulation requiring developers to publish a "Quality Assurance Certificate" on their websites at the end of each fiscal year. The regulation has already been published in the state gazette. This new rule is part of the MahaRERA General (Amendment) Regulations, 2024, which have been added to the existing MahaRERA General Regulations, 2017. This change will make sure that the homes delivered to buyers meet higher standards of quality.
The certificate is based on several factors that influence the quality of construction. These include the structural design of the project, its stability, results from various tests, the types of raw materials used, the skill level of the workforce, and fire safety measures.
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As per MahaRERA's press release, the decision to introduce this certificate was made after consultations with all relevant stakeholders. The goal is to reduce the need to invoke the defect liability clause. The press release also notes that project engineers and supervisors must provide specific details about the project, which the builder must verify before making the "Quality Assurance Certificate" public. Under the MahaRERA Act, developers must fix any defects in the homes for five years from the date of possession. This is known as the defect liability period. Developers must resolve any complaints within 30 days at the buyer's expense.
Developers are also required to maintain quality control throughout the project. They must annually assure their buyers of quality through MahaRERA. The builder is also required to specify whether flood prevention and earthquake resistance systems have been installed, particularly for multi-story buildings. The builder must include in the certification whether soil testing was conducted and whether a structural engineer was hired. Additionally, the builder must keep site records so that the project engineer can certify the site periodically.