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
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 29, 2023: Citing a recent Maharashtra Real Estate Regulatory Authority (MahaRERA) circular that indicates that a developer can only deduct 2% of the entire property amount in the case of booking cancellation by … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, (RERA) came into effect from May 1, 2016 to safeguard the interests of homebuyers and promoters. There are 92 sections that are notified under the RERA … 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
September 28, 2023: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued an order directing nine Pune homebuyers to execute cancellation deeds after being found guilty of violating section 19(6) of the Rera Act. … READ FULL STORY
September 25,2023: In a bid to prevent multiplicity of proceedings and contradictory judgments on the same issue between the same parties, a complaint filed under the Real Estate (Regulation and Development) Act (Rera) cannot … READ FULL STORY
August 16, 2023: Around 31 developers have submited applications to the MahaRERA to de-register their projects. The entire list has been shared on the MahaRERA website. Anybody with objections related to de-registration have to … READ FULL STORY
Renting a house is not an easy process. Similar to being careful while buying a house, you have to be careful while renting one too, to save yourself from unnecessary troubles. There are many … READ FULL STORY
August 7, 2023: Each real estate project can have only one MahaRERA project registration number, mentions an order issued by MahaRERA on July 26, 2023. This is according to section 5(f) (a) of the … READ FULL STORY
July 27, 2023: In an order issued on July 25, 2023 by MahaRERA, failure to comply with the QR code functionality will be considered as violations of directions issued by Rera. A penalty which … READ FULL STORY
June 22, 2023: The Maharahtra Real Estate Regulatory Authority (MahaRERA), proposes to introduce a grading system for real estate projects in Maharashtra. According to the Real Estate (Regulation and Development) Act, 2016, under Section … READ FULL STORY
