A homebuyers' body urges stricter regulations to tackle misleading real estate ads, calling for tougher penalties and transparency to protect buyers nationwide.

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.

MahaRERA has issued show-cause notices to 74 developers in Mumbai and Pune for failing to include QR codes in their project advertisements, a violation of the August 1, 2023 mandate.