January 31, 2024: The Maharashtra Real Estate Regulatory Authority will launch the new regulatory portal- MahaRERA Complaint and Regulatory Integrated Technology Implementation (MahaRERA CRITI) in February, 2024. The new portal will further help in … READ FULL STORY
January 23, 2024: In a bid to prevent homebuyers from getting cheated concerning real estate investments, the Maharashtra Real Estate Regulatory Authority (MahaRERA) on January 10 issued an order stating one project will have … READ FULL STORY
January 23, 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has got applications from 22 promoters across Maharashtra to de-register their projects. This is under the MahaRERA notification that allows developers to de-register themselves … 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
January 10, 2024: A three-tier scrutiny process for registering housing projects has been implemented by the Maharashtra Real Estate Regulatory Authority (MahaRERA). This process will limit the complaints filed by homebuyers. Under the new … READ FULL STORY
The Maharashtra Real Estate Regulatory Authority (MahaRERA’s) increased crackdown on developers not updating the Quarterly Progress Report (QPR) have heighted the compliance level in the state. Owing to the strict action taken by the … READ FULL STORY
December 14, 2023: The Maharashtra Real Estate Regulatory Authority (MahaRERA) issued a notification on December 13, 2023 stating that effective January 1, 2024, only those real estate agents with a valid MahaRERA Real Estate … 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 22, 2023: The real estate regulatory authority of Maharashtra (MahaRERA) on November 20, 2023 suspended registration of over 248 realty projects. This also includes three projects that were to be developed by the … 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
