Bombay HC directs Maharashtra’s local bodies to link with MahaRERA portal in three months for real-time CC and OC verification, ensuring transparency and preventing forgery.

Since buying a home is one of the biggest financial choices in life, it requires additional prudence and study. Be sure to ask the developer the necessary questions and clarify details before buying an under-construction property.

This Ghar.tv guide will help you get a fire and safety certificate for your building in India, from its relevance to the application procedure and crucial safety measures.

Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.

For every homebuyer, the happiest milestone is when their investment materializes as they receive possession of their property. This moment transforms their financial commitment into a tangible asset.

The launch of 12 industrial smart cities in India will transform the industry. These smart cities reduce risks and ease logistics by providing a plug-and-play environment for enterprises. Through innovation, cooperation, and crucial infrastructure, they want to change the MSME sector.

Godrej Housing financing, Aadhar Housing Finance, and HUDCO were fined by the RBI for not following its housing financing guidelines. Inspections under the National Housing Bank Act led the RBI to cite erroneous loan appraisals, early interest charges, and poor risk management, etc.

SEBI's obligatory sustainability reporting has expedited green building uptake by occupiers, investors, and developers. This legislative focus is changing India's real estate environment, especially green-certified office leasing.

In a major milestone for Maharashtra's real estate sector, 87% of fifth MahaRERA real estate agents' test applicants passed. Out of 4,769 applicants, 4,165 are certified, expanding the state's real estate agent pool.

Home investing may be complicated, especially with rising prices, legal issues, and quality issues. Ghar recommends 7 essential actions for a safe, financially secure, and easy home purchase:

An integrated Aadhaar eSignature is improving property transactions in India by increasing efficiency, security, and compliance. This Aadhaar eSignature Guide on Ghar discusses real estate eSignature advantages and implementation methodologies.

Promoters must now use only qualified and certified real estate agents under MahaRERA. This guideline protects homebuyers and the real estate industry. Non-compliance might lead to project registration rejections, registration revocations, or promoter fines.

The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.

MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.

MahaRERA has proposed a breakthrough rule to increase openness and accountability in real estate developments. For compliance and efficient money utilisation, this proposal requires projects to maintain three bank accounts in the same bank.