MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions

In a major milestone for Maharashtra's real estate sector, 87% of fifth MahaRERA real estate agents' test applicants passed. Out of 4,769 applicants, 4,165 are certified, expanding the state's real estate agent pool.

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.

Maharashtra has been the most active State in implementing the Real Estate (Regulation and Development) Act (RERA) since the law came into effect.

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.