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MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.
- 14th Oct 2024
- 1168 Views
Project delays may be a major issue for homebuyers. Delays ruin plans and cost money and mental energy. Here are five sensible methods to avoid legal issues and streamline the home-buying process.
- 29th Sep 2024
- 1168 Views
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.
- 29th Sep 2024
- 1215 Views
Maharashtra homebuyers are frustrated with MahaRERA hearing delays, some of which last years. Slow resolution of real estate disputes undermines the Real Estate (Regulation and Development) Act, 2016, which was meant to speed up justice.
- 15th Sep 2024
- 1176 Views
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.
- 15th Sep 2024
- 1184 Views
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.
- 5th May 2024
- 1303 Views
Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.
- 23rd Mar 2024
- 1429 Views
A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.
- 21st Mar 2024
- 1358 Views
Dedicated Monitoring Unit RequestThe Ministry of Housing should create a body to manage all state Real Estate Regulatory Authorities, according to a national homebuyers association. This suggestion was presented at a meeting with the Ministry of Housing and Urban Affairs.
- 9th Mar 2024
- 1250 Views
MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank
- 27th Dec 2023
- 1300 Views
The Maharashtra Real Estate Regulatory Authority (MahaRERA) is revolutionizing the Indian real estate sector with its groundbreaking Quality Assurance Framework. This comprehensive initiative aims to elevate construction standards, ensure defect-free homes, and empower homebuyers
- 1st Dec 2023
- 1214 Views
In a bold initiative to demonstrate openness and regulatory supervision, MahaRERA deregistered seven key projects throughout the state. Developers recognise budgetary restrictions and lacklustre reception to their offers.
- 22nd Oct 2023
- 1343 Views
The Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to introduce a transformative framework aimed at enhancing transparency and quality assurance within the real estate sector.
- 16th Oct 2023
- 1326 Views
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has chosen to deregister five real estate projects across Maharashtra state.
- 14th Oct 2023
- 1350 Views
A recent verdict by the Karnataka Real Estate Regulatory Authority (KRERA) stands as a symbol of hope, shedding light on the path to fairness and justice for homebuyers.
- 22nd Sep 2023
- 1318 Views