PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised the minimum eligibility criteria for forming a Self-Regulatory Organisation (SRO), in an effort to ensure regulatory compliance among property developers for registration of projects.Now, the minimum threshold to form an SRO has been...
Representative image MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised the minimum eligibility criteria for forming a Self-Regulatory Organization (SRO) that are expected to help ensure regulatory compliance among property developers.The threshold has been reduced from 500 projects to...
Representative image The Maharashtra Real Estate Regulatory Authority (MahaRERA), taking serious cognizance of irregularities, has initiated the scrutiny of all lapsed housing projects in the state and issued notices to around 11,000 such projects, including over 5,230 in the Mumbai Metropolitan Region (MMR)...
File photo NAGPUR: The Supreme Court expressed strong displeasure over the handling of a contentious case involving the registration of a real estate project under the Maharashtra Real Estate Regulatory Authority (MahaRera). The apex court has summoned Nagpur collector and tehsildar to appear before it on December...
Representative image PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has reached out to Pune and Mumbai suburban collectors to appoint retired tehsildars for expediting the execution of recovery warrant orders in their areas.In Mumbai suburban, approximately Rs 228 crore is yet to be recovered...
Representative image The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Monday said it has recovered over Rs 200 crore from developers to compensate homebuyers for their losses. The authority also outlined plans to further intensify its recovery efforts. The real estate watchdog said it has issued 1,163...
File photo MUMBAI: Bombay High Court on Tuesday directed all municipal corporations, councils and urban local authorities to link their websites with Maharashtra Real Estate Regulatory Authority's (MahaRERA) portal within three months. "This integration would enable RERA to conduct real-time verification of...
Representative image PUNE: MahaRERA has put the grading of registered real estate projects in the state on hold as the Real Estate Regulatory Act, 2016, does not authorise regulators to grade projects.The Maharashtra Real Estate Regulatory Authority (MahaRERA) had planned to start the grading system based on four...
Representative image The Conciliation Forums set up by the Maharashtra Real Estate Regulatory Authority (MahaRERA) has resolved over 1,749 matters between homebuyers and real estate developers across the state.With this, of the 5,958 complaints filed with MahaRERA, around 32% have been resolved through these 52...
Representative image PUNE: Maharashtra Real Estate Regulatory Authority (MahaRERA) has switched temporarily to its old Information Technology (Maha IT) website due to technical challenges faced by users on the newly launched MahaCRITI platform.The decision is aimed at avoiding inconvenience to homebuyers and other...