Experts practising in RERA have lauded the state housing regulator for directing developers to submit a declaration while getting a project registered, certifying the exact stage of the Commencement Certificate. Builders often dupe buyers by obtaining project registration based on CC for just “up to a plinth or zero FSI (floor space index)”. 

A circular dated June 7 (copy with this paper) by secretary MahaRERA states, “And whereas the flat buyers are unaware of this stage wise approvals, therefore, it has been decided to prescribe a declaration by the Promoter to certify the exact stage of the commencement certificate, so that flat buyers will be aware of the same.” 
Ramesh Prabhu, a CA and the founder of MahaSEWA, said, “Initially, when MahaRERA started implementing RERA from 1st May 2017, it used to take only Intimation of Disapproval issued by Competent Authorities. IOD is a conditional approval given to promoters by Competent Authorities.”