The show cause notice was issued on Thursday to Sai Estate Consultant, under the subject 'unfair trade practice.'
Newly formulated Maharashtra Real Estate Regulatory Authority (MahaRERA) issued its first ever notice in the state.
Confirming the same, the authority has issued a show cause notice to a Real Estate
Agent (firm) claiming that it has misled the general public by using its registration number which shows that an unregistered project has been registered with RERA. The real estate agency has been asked to present itself on Monday before the authority.
The show cause notice was issued on Thursday to Sai Estate Consultant, under the subject 'unfair trade practice.'
The notice further read, "In said advertisement the RERA registration number is mentioned, in fact you ought to have mentioned the registration number as "MahaRera registration number". Further on plain reading of advertisement the impression that is caused is regarding the registration of real estate project with RERA, which is misleading tot he general public. It appears that this is a deliberate attempt on your part to cause impression in the mind of general public that the project that you are advertising is duly registered with MahaRera. Your conduct amounts to unfair trade practice within the meaning of provisions of RERA Act and same is punishable under section 62 of the Act."
When contacted, Gautam Chaterjee, the authority of RERA, said, "I don't know whether this is the first show cause notice issued in the country, but this is first in the state." The firm has been called
upon to appear before the Authority, on June 5, along with their explanation without fail, and if they fail to do so the authority will pass appropriate order on merit.
Varsha Raut, of Mumbai Grahak Panchayat, who had raised the issue, claimed that the concerned agent had misled by giving his registration number and said the rules are clear and need to be followed.
When contacted Manoj, a representative from Sai Estate Consultant, he said, "He wasn't in a position to comment on the issue and instead his legal team will get back to us on it."
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