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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
- 1139 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
- 1136 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
- 1281 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
- 1371 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
- 1294 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
- 1224 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
- 1280 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
- 1191 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
- 1323 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
- 1308 Views
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has chosen to deregister five real estate projects across Maharashtra state.
- 14th Oct 2023
- 1324 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
- 1299 Views