Representative image created by AIPUNE: The district has 1,244 projects which cannot entertain fresh bookings or sales since MahaRERA has marked them ‘under abeyance' — meaning they have not received completion certificates or applied for deadline extensions. The hard-earned money of many an individual remains stuck...
MUMBAI: Bombay high court on Thursday directed Maharashtra Real Estate Regulatory Authority (MahaRera) to within four weeks restore hybrid hearings permitting parties to opt for physical or virtual appearance. "Access to justice is not merely about providing virtual access, but ensuring that parties also have the right...
MUMBAI: The Real Estate Regulatory Authority (RERA) has the power to take action against developers for violations, Maharashtra minister Uday Samant said in the assembly on Thursday.Registration under RERA is mandatory for all developers, he said while responding to a calling attention motion raised by MLA Gajanan...
MUMBAI: Home buyers and advocates are unable to view details of projects kept on abeyance on the MahaRERA website. When some attempted to view details of a project on the website, a message is displayed stating the project is kept in abeyance and the bank account is frozen.However, all vital details, such as completion...
PUNE: MahaRERA's progress on recovery warrant has remained slow, with only 31% of cases executed. Despite state govt's directive to dispose of these cases within three months, merely Rs 233 crore has been recovered out of Rs 760 crore due in 1,212 cases across Maharashtra, officials told TOI on Saturday.The slow...
PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated a statewide verification of 2,600 Occupancy Certificates (OCs) submitted by developers on its official portal. These certificates have been sent to respective planning authorities to ensure authenticity and prevent discrepancies or forgery,...
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...
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: 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...