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 23, 2024: Over 212 projects in Maharashtra have been red flagged by the Maharashtra Real Estate Regulatory Authority (MahaRERA) for not updating their construction status. These projects were launched between January 2023 and April … READ FULL STORY
April 5, 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) granted registrations to 4,332 new housing projects from the 5,471 applications it received in the last fiscal year that ended March 31, 2024, the … READ FULL STORY
March 29, 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered over Rs 125 crore from developers as part of compensation for homebuyers in the last 14 months. This makes the MahaRERA the … READ FULL STORY
has cancelled the registration of over 13,785 real estate agents as they have failed to renew their licences that was issued in 2017. According to a MahaRERA directive issued last year, agents who wish … READ FULL STORY
Due-diligence is key during real estate investments. While there are many steps to be followed, the first step and mandatory one is to search if a project is Real Estate Regulatory Authority (RERA) registered … READ FULL STORY
The Maharashtra Real Estate Regulatory Authority’s (MahaRERA) strict action against erring developers violating RERA rules have resulted in developers filing the quarterly progress reports (QPR) on the MahaRERA portal on their own, the authority … 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
February 14, 2024: Starting April 1, 2024, Maharashtra Real Estate Regulatory Authority (MahaRERA) will be providing facility to register the properties in the developer or promoters offices, said additional secretary of revenue Rajagopal Devara, … READ FULL STORY
While housing for senior citizens is becoming a popular segment for developers in India, not all projects are created keeping in mind the key requirements of the target audience. With a view to control … READ FULL STORY
February 8, 2024: In a first for a housing regulator in India, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has drafted model guidelines for constructing housing projects for retired and senior citizens. This is … READ FULL STORY
February 2, 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated suo moto action against 41 real estate developers who advertised plots for sale without registering the project with the authority. Of the 41 … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) was established in 2016 with an intent to safeguard the interests of home buyers, developers and agents. Under RERA, each real estate transaction made is accounted … READ FULL STORY
