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MAHA RERA TO HAVE GIS-ENABLED PLATFORM TO MAP REALTY PROJECTS.

AFTER COMPLETING ONE YEAR OF IMPLEMENTATION, THE MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY(MAHA RERA) IS IN THE PROCESS OF PREPARING A NEW FEATURE ON ITS WHEREIN ALL THE REGISTERED THIS FEATURE WAS MADE BY THE STATE’S CHIEF MINISTER LAST YEAR, THE PROJECT IS EVENTUALLY TAKING OFF NOW. ONCE FUNCTIONAL, PROSPECTIVE HOME BUYERS CAN VIEW PROJECTS PRESENT IN THEIR AREA OF INTEREST, DETAILS OF THE PROJECTS AND SOCIAL AMENITIES PRESENT IN PROXIMITY.

POST THE IMPLEMENTATION OF RERA IT IS MANDATORY FOR DEVELOPERS TO REGISTER NEW AND ONGOING PROJECTS WITH THE STATE’S REGULATORY BODY, LEADING TO FORMATION OF A DATABASE OF PROJECTS. PRESENTLY, AROUND 15,900 PROJECTS ARE REGISTERED ON THE MAHA RERA WEBSITE. WHILE THE DATABASE HAS HELPED STREAMLINE THE SECTOR, THE NEW GIS- ENABLED PLATFORM IS ANTICIPATED TO FURTHER SYSTEMIZE THE SECTOR.

MAHA RERA CHAIRPERSON GAUTAM CHATTERJEE SAID, THE AUTHORITY IS USING TECHNOLOGY TO MAKE IT EASIER FOR HOME BUYERS TO FIND THE HOME OF THEIR CHOICE. THE PROJECTS WILL BE PINNED ON THE MAP AND BUYERS CAN FILTER THROUGH THE OPTIONS EASILY. ACCORDING TO MAHA RERA SECRETARY VASANT PRABHU, THE NEW FEATURE WILL BE AVAILABLE ON THE WEBSITE WITHIN A MONTH. WHILE DETAILS OF ALL THE REGISTERED PROJECTS HAVE THE WEBSITE, THE AUTHORITY REALIZED THAT FILTERING OUT PROJECTS BY LOOKING AT ADDRESSES COULD BE STRENUOUS TASK. HENCE, THE BODY CAME UP WITH THE IDEA TO HAVE A MAP WITH PINS INDICATING PROJECTS.

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