Citizens who plan to invest in real estate can get the exact location of Real Estate Regulatory Authority (RERA) registered projects on the website in about two months.A Geographical Information System (GIS) will be available on the Maharashtra Real Estate Regulatory Authority (MahaRERA) website to enable such a search.MahaRERA will be a year old on May 1. The GIS facility will mark the occasion, MahaRERA authorities said. “The new feature will enable mapping of registered projects. This, in turn, will allow prospective buyers to get an idea of projects in their area of interest, details and amenities in the vicinity,” MahaRERA secretary Vasant Prabhu said.The GIS will add more to the project’s profile than a developer advertising about his RERA registration, he added. Chief Minister Devendra Fadnavis has been advocating GIS mapping of all registered projects since last year. However, technical issues delayed the launch. All the 16,000 registered projects will be GIS mapped, Prabhu added.
Source : NAREDCO