In April 2024, the Maharashtra Real Estate Regulatory Authority (MahaRERA) proposed a draft order to make developers accountable for the amenities that they promise to offer homebuyers in their projects. On July 30, 2024, … READ FULL STORY
Real estate (Regulation and Development) Act, 2016 came into effect in May 2017 and regulates the real estate segment in the state. What is RERA Maharashtra? Maharashtra RERA has some of the most active real … READ FULL STORY
July 1, 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) on June 27 said that starting July 1, real estate developers will be required to maintain three separate bank accounts for each project within … READ FULL STORY
May 16, 2024: To ensure that homebuyers in the state get access to quality homes, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has proposed a proactive approach centred on quality assurance as its primary … READ FULL STORY
May 2, 2024: In a bid to protect the homebuyers’ interest and promote efficiency and transparency, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has proposed a draft order under which it is mandatory for … READ FULL STORY
April 25, 2024: In a bid to solve parking related problems faced by home buyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it compulsory for developers to include parking details in the … READ FULL STORY
February 16, 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) will use artificial intelligence (AI) to track developers advertising projects without a registration number or a QR Code. According to a statement issued by … READ FULL STORY
The Maharashtra Real Estate Regulatory Authority (MahaRera) has disclosed a significant upswing in the completion of housing projects, reaching an unprecedented 3,927 projects in 2023, a substantial surge from the 1,749 projects concluded in … READ FULL STORY
The Maharashtra Real Estate Regulatory Authority (MahaRera) has floated a consultation paper for the implementation of a grading system for real estate projects. This move is designed to ensure that homebuyers receive residences of … READ FULL STORY
November 16, 2023: The counselling cell that was conceived by the Maharashtra Real Estate Regulatory Authority (MahaRERA) is sought after by homebuyers and developers, mentioned by the department as per media reports. The cell … READ FULL STORY
November 16, 2023: The Maharashtra Real Estate Regulatory Authority (MahaRera) has approved 823 new real estate projects during this festive season. Of these, 645 approvals were granted in October 2023, and 178 were granted … READ FULL STORY
The Maharashtra Real Estate Regulatory Authority (MahaRera) has issued show-cause notices and slapped a penalty of Rs 33 lakh on 370 real estate projects in the state for publishing advertisements without the RERA registration … READ FULL STORY
In an unprecedented move, the Maharashtra Real Estate Regulatory Authority (MahaRera) deregistered five projects in Mumbai and Pune due to poor response from homebuyers, unviability or financial problems. Two of the projects are of … READ FULL STORY
