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On Maharashtra Day, state governor announces its own version of RERA

The new act would be on the lines of the RERA being implemented at the national level

IANS  |  Mumbai 

Realty

on Monday announced the launch of the Real Estate Regulatory Authority, under which all projects will be registered.

"This new act will make the process of buying and selling of houses transparent, trusted and accountable," the said, speaking on the occasion of the 57th Day celebrations here.

The new act would be on the lines of the being implemented at the national level to make realty transactions transparent and accountable.

Earlier, the unfurled the Tricolor at an impressive function in Shivaji Park, inspected a ceremonial parade and took salute of the marching contingents.

Present on the occasion were Chief Minister Devendra Fadnavis, Union Minister Ramdas Athawale and Mumbai Guardian Minister Subhash Desai, senior civil, police and armed forces officers, members of the diplomatic corps stationed in Mumbai and other dignitaries and citizens.

In his speech, Rao said that over 250,000 works have been completed creating 12,00,000 cubic-metres of water storage potential under the Jalayukta Shivar Abhiyan launched in the state to tackle water scarcity.

With the summer attaining its peak, around 11,000 villages have become drought-free by conserving water in village watershed schemes.

Additionally, the World Bank-assisted Nanaji Deshmukh Krishi Sanjeevani Project is being rolled out to make 4,000 villages in Vidarbha and Marathwada drought free.

So far, 225 cities and towns in the state have been declared 'Open Defecation Free' and entire urban is targeted to become ODF by October 2.

Later, the attended the Day celebrations and a cultural programme hosted by Mayor Vishwanath Mahadeshwar.

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