Eight years after its formation in 2017,the state's real estate regulator, MahaRera, is still grappling with a significant backlog of unresolved complaints.Of 29,374 complaints filed so far, 7,310 remain pending, prompting calls from homebuyers, legal experts, and activists for faster redressal and stricter enforcement...
PUNE: In a move to empower homebuyers and enhance transparency, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised its project registration certificates to include critical details about real estate projects in a concise, reader-friendly format.For the first time, the certificate — issued at...
MUMBAI: In a recent order, MahaRERA granted no relief to six flat purchasers, stating that since they defaulted on payments, they were not entitled to the relief they sought under the Real Estate (Regulation and Development) Act.Of the six flat purchasers, five sought a refund of certain amounts they paid as they...
MUMBAI: The MREAT in recent judgment set aside a MahaRERA order of 2020, which denied relief to a buyer, for non-delivery of a flat by a developer, by stating that there was no registered agreement for sale. The tribunal directed the promoter to refund the amount paid by the Andheri-based allottee along with...
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has de-registered a staggering 18,693 property brokers for various reasons, including failure to renew licenses and non-completion of mandatory training and certification.The move is part of the authority’s ongoing efforts to ensure greater transparency...
MUMBAI: The Maharashtra Real Estate Appellate Tribunal (MREAT), in a recent order, rejected miscellaneous applications seeking condonation of delay in filing appeals challenging a July 2024 order against Agile Real Estate (AREPL). MahaRERA had, in an order on Jul 29, 2024, directed AREPL to pay interest to home...
MUMBAI: A home buyer from Kandivli who filed a complaint with Maharashtra Real Estate Regulatory Authority (MahaRERA) in July 2023 was called for a hearing only earlier last month. In another instance, home buyers in another Kandivli project are awaiting possession of their homes, despite the Maharashtra Real...
Representative imageThe number of housing projects registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA) has crossed 50,000, making it the only state regulator in India to hit that milestone. As of now, 50,162 residential projects are registered with MahaRERA.Tamil Nadu ranks second with...
NAGPUR: In a major step to aid distressed homebuyers, the Maharashtra Govt appointed 12 senior recovery officers to expedite the enforcement of recovery warrants issued by the Maharashtra Real Estate Regulatory Authority (MahaRera) against errant builders. The appointments, made under district collectors in six key...
representative imageMUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has decided to initiate a thorough verification of Occupation Certificates (OCs) for lapsed real estate projects through the respective planning authorities, following complaints about forged land records and fabricated...