Bring real estate web portals in the ambit of MahaRera: Shirish Deshpande

Deshpande believes that property portals like Magicbricks.com, Makaan.com, 99acres.com act as agents for property deals and they should be brought under MahaRERA's wing

SHARE

Mumbai Grahak Panchayat (MGP) has urged MahaRera to bring property portals such as Makan.com, 99 acres under its wing to increase the transparency and accountability in the real estate sector.

Also Read: MahaRERA's Historic Decision: Buildings Having Residents But No OC Will Have To Register With MahaRERA

MGP Chairman Shirish Deshpande wrote a letter to MahaRera chief Gautam Chatterjee demanding to treat real estate web portal companies as a real estate agent. He has asked the body to register such portals under MahaRERA in the next 60 days.

Also Read: No Registration Number? No Housing Advertisements

Deshpande believes that property portals like Magicbricks.com, Makaan.com, 99acres.com act as agents which helps people in buying and selling properties. He added that MGP is awaiting MahaRera’s response.

The Real Estate (Regulation & Development) Act, 2016 (Rera) came into effect from May 2017.
RELATED TOPICS
Latest News