The search for the next chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA) has narrowed down to three eminent bureaucrats. As the tenure of the current chairman, Ajoy Mehta, concludes on September 20, a high-level search committee headed by Justice Atul Chandurkar has shortlisted outgoing Chief Secretary Nitin Kareer, former Chief Secretary Manoj Saunik, and Mumbai Port Trust Chairman Rajiv Jalota for the coveted position.
Ajoy Mehta, who has been at the helm of MahaRERA since February 21, 2021, is set to step down later this year. The shortlisted candidates bring a wealth of experience and expertise to the table. Nitin Kareer, whose extended tenure as Chief Secretary ends on June 30, is known for his extensive administrative acumen. Manoj Saunik, an IAS officer from the 1987 batch, retired on December 31, and Rajiv Jalota, currently heading the Mumbai Port Trust, are also in the fray. The appointment of the new MahaRERA chairman is crucial as the real estate sector continues to navigate post-pandemic recovery and regulatory challenges. MahaRERA plays a pivotal role in ensuring transparency, protecting homebuyers’ interests, and fostering a conducive environment for real estate development in Maharashtra.
In addition to the MahaRERA chairmanship, other key positions in the state’s administrative framework are also awaiting appointments. The post of Chief Information Commissioner has been vacant for over a year, and the role of State Election Commissioner, presently held by former Chief Secretary U.P. S. Madan, will require a new appointee come September. Furthermore, Shrikant Deshpande, who retired as Chief Electoral Officer on April 30, has recently been appointed as a member of the MahaRERA Appellate Tribunal. These impending appointments are being closely monitored by stakeholders in the real estate sector and public administration. The selected candidates for these positions will be tasked with upholding the integrity and efficiency of Maharashtra’s regulatory mechanisms, particularly in real estate, where consumer trust and sector stability are paramount. The high-level committee’s recommendations are expected to be pivotal in shaping the future course of regulatory oversight and governance in Maharashtra. As the government deliberates over these appointments, the chosen leaders will be instrumental in driving forward the state’s agenda in these critical domains.
