News: Maharashtra apartment owners will soon receive vertical property cards

It is anticipated that the draught for awarding vertical assets playing cards to apartment owners of Maha RERA-registered projects would shortly receive approval from the royal government. “The issue was discussed to the degree of the sales minister, and the proposal has to be approved quickly. The policies may be released later, according to a senior legal representative of the sales section.

Additional vertical asset cards for studios with ownership, carpet area, bank mortgage information, and other details may be made available through the flow.

Its purpose is to map the vertical boom in urban and rural regions. Additionally, it could support the preservation of an objective list of rights and the inclusion of personas in projects.

According to a respectable sales representative, the new document pushed for cleaner asset titles and made buying and selling apartments less risky. Vertical asset cards may be given to apartment owners in stages, starting with projects that have been registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA). The plan might then be carried out in other ways, according to a representative from the office of the agreement commissioner. There were several suggestions and complaints about the draught of the vertical assets problem playing cards. Before the draught was framed, the committee established vertical assets playing cards and submitted them to the monarchy.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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