The Maharashtra Real Estate Regulatory Authority, (MahaRERA) on September 04, 2024, issued a New proforma of Allotment letter and Agreement of sale as per the Orders regarding parking, amenities and three bank accounts.
The following has been stated-
•The proforma of the allotment letter proposed to be signed by the promoters with the allottees shall be under the model allotment letter the copy whereof is annexed hereto as Annexure '1'.
•Promoters shall henceforth upload the allotment letter, as at Annexure '1' hereto when applying for registration of a real estate project.
•Subject to compliance of the directions contained in clause (f) hereinbelow, if promoters choose to execute with an allottee an allotment letter that is not under the proforma of the allotment letter, the copy whereof is annexed hereto as Annexure '1', then the deviations/modifications in the proforma of the allotment letter as proposed by promoters shall be highlighted in different colour and accordingly be uploaded along with a deviation sheet mentioning/ indicating therein the deviations/ modification while seeking registration of the real estate project so as to enable the allottees to make an informed decision.
•Subject to compliance of the directions contained in clause (f) hereinbelow in the event there are any deviations/modifications in the proforma of the agreement for sale as proposed by promoters and the model form of agreement at Annexure A of Rule 10 of the Rules, then such deviations/modifications shall be highlighted in different colour and accordingly be uploaded along with a deviation sheet mentioning/indicating therein the deviations/modifications while seeking registration of the real estate project to enable the allottee to make an informed decision.
•The clauses regarding parking as incorporated in the proforma of the allotment letter and the agreement for sale shall not be permitted to be deviated/modified.
•Non-compliance of the above or if the deviations/ modifications proposed by promoters in the proforma of the allotment letter or the proforma of the agreement for sale as uploaded is/are contrary to the provisions of the Act, the Rules and Regulations made thereunder, then the application of the promoter for registration of the real estate project shall be liable summary rejection
•This Order shall come into force with effect from April 29, 2024.
[Notification No. 60/2024]
