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.

A tribunal for property-related appeals in Mumbai has upheld Maharashtra's real-estate authority's 2019 decree requiring property-listing websites to register as agents with the state regulator.

Real estate agents, the intermediaries between property searchers and owners, will soon be required to take examinations and get a licence in order to practise.

As firms opt for bigger office spaces, there is little question that flexible office arrangements in India are increasing as new statistics emerge. This is a tremendous potential for landlords, property developers, and real estate agents in India.

When it comes to construction, the city of Mumbai is second to none and it is imperative that real estate agents, property developers, property investors, home buyers are updated about the construction related terms in Mumbai.