The protection of flat buyers from buying/investing in projects whose RERA registration validity has expired, is a matter of concern for legal brains, and some have come up with solutions. They feel if these are implemented, they could save the flat buyers from getting stuck in projects they have invested in.

Mid-day in its article titled ‘MahaRERA registration of over 4,500 real estate projects in state lapsed,’ on Tuesday had given experts’ views. They said while there is a provision to take over such stalled projects, it is hardly exercised, seeking a vigilance team to keep check on developers. Advocate Godfrey Pimenta, who practices in MahaRERA, has sent an email to various senior bureaucrats from the state urban development department, raising concerns about the increase in the number of expired projects since formation of MahaRERA in 2013-till March 2022.