Developers Are Not Allowed to Deposit Home Buyers’ Funds Into Separate Bank Accounts Per MahaRERA
According to the Maharashtra Real Estate Regulatory Authority (MahaRERA), developers in the state will be required to maintain separate designated…
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Developers in Maharashtra will not be permitted to deposit buyers’ money into separate accounts as of July 1
As on July 1, developers in Maharashtra will have to keep specific bank accounts open for payments from buyers, citing…
MahaRERA Requires Developers of Real Estate Projects to Set Up “Complaint Redressal Cells”
In August of last year, the developers were instructed by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to establish a…
MahaRERA directs real estate developer to reimburse flat buyer of ₹66 lakh, plus interest
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered a renowned property developer to return ₹66 lakh that was accepted…
MahaRERA Rules Development Agreement Disputes Beyond Its Jurisdiction
A bench of the Maharashtra Real Estate Regulatory Authority (MahaRERA), including member Mahesh Pathak, has determined that the Real Estate…
MahaRERA continues to hold 1,750 abandoned HDG projects in limbo
1,750 abandoned housing projects have had their registrations maintained in limbo by the Maharashtra Real Estate Regulatory Authority (MahaRERA), while…
Due to delay in possession Rustomjee crown’s promoters to Pay Interest, MahaRERA
Prabhadevi based project Rustomjee crown phase One, delayed possession to the complainant with every month till the actual date of…
MahaRERA introduces minimum specifications for retirement homes and senior citizen housing projects
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced comprehensive regulations and specifications for retirement and senior citizen housing, applicable…
Developers to self-certify quality of projects, proposes MahaRERA
Homebuyers in the state can look forward to quality construction with MahaRERA floating a draft regulation proposing developers to self-certify…
Real Estate Agents in Maharashtra to Obtain Certificate of Competency from MahaRERA
In an effort to improve compliance and transparency in the real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA)…