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MahaRERA Issues Warning - Over 300 Real Estate Projects Facing Insolvency

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.

By Admin

  • 14th Oct 2024
  • 1168 Views
5 Smart Ways to Protect Yourself from Real Estate Project Delays

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.

By Admin

  • 29th Sep 2024
  • 1168 Views
212 Maharashtra Housing Projects Breach Regulations - Serious Concerns Raised by MahaRERA

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.

By Admin

  • 29th Sep 2024
  • 1215 Views
5 Reasons Homebuyers Are Concerned About Delays in MahaRERA Hearings

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.

By Admin

  • 15th Sep 2024
  • 1176 Views
From Investment to Reality - Navigating Possession and Buyer Rights Under RERA in Indian Real Estate

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.

By Admin

  • 15th Sep 2024
  • 1184 Views
MahaRERA Enforces Agent Certification Requirements, Urging Developers to Comply for Industry Integrity

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.

By Admin

  • 5th May 2024
  • 1303 Views
In a First, MahaRERA Orders Cancellation of Sale Agreements Due to Non-Payment by Homebuyers

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.

By Admin

  • 23rd Mar 2024
  • 1429 Views
Revolutionary Proposal by MahaRERA for Developer Accounts For Safeguarding Homebuyers

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.

By Admin

  • 21st Mar 2024
  • 1358 Views
Homebuyers Advocate for Stronger RERA Monitoring

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.

By Admin

  • 9th Mar 2024
  • 1250 Views
Record-Breaking INR 410 Crore Recovery - MahaRERA Champions Homebuyers Rights Against Defaulting Realtors

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

By Admin

  • 27th Dec 2023
  • 1300 Views
10 Steps by MahaRERA to Revolutionize Real Estate Quality Assurance and Boost Homebuyer Confidence

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

By Admin

  • 1st Dec 2023
  • 1214 Views
MahaRERA Takes Decisive Action - Seven Key Real Estate Projects Deregistered in MMR Region

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.

By Admin

  • 22nd Oct 2023
  • 1343 Views
Revolutionary Move - MahaRERA Mandates Quality Reporting by Realtors to Empower Homebuyers

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.

By Admin

  • 16th Oct 2023
  • 1326 Views
MahaRERA Deregisters Five Real Estate Projects - Challenges For Real Estate Sector in Maharashtra

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has chosen to deregister five real estate projects across Maharashtra state.

By Admin

  • 14th Oct 2023
  • 1350 Views
How Will The recent Verdict by KRERA Empower Property Buyers?

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.

By Admin

  • 22nd Sep 2023
  • 1318 Views
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