The MahaRERA has slashed the registration fees for sole proprietor real estate agents to Rs 10,000 from the current Rs 1 lakh. However, the registration fees for partnership firms or those having multiple owners will continue to be Rs 1 lakh, MahaRERA has said
This has come after several real estate agents and their associations in Maharashtra demanded the change. The registration fee charged by MahaRERA is valid for five years. In an order issued on February 20, MahaRERA said, “Currently, Rs 10,000 (Rupees Ten Thousand only) in case of applicant being an individual and Rs 1 lakh in case of applicant being other than individual
https://www.moneycontrol.com/news/business/real-estate/maharera-slashes-registration-fees-for-sole-proprietary-real-estate-agency-firms-to-rs-10k-from-rs-1-lakh-10135371.html
Source: Money Control
