In a groundbreaking move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has unveiled draft guidelines aimed at revolutionizing housing projects for the elderly, making it a trailblazer in India for advocating the specialized housing needs of retirees.

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

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.

MahaRera will assess every project based on technical, legal, financial, and general project overviews that developers must provide every six months online to make the real estate business more responsible to purchasers.