List Of Approved Projects & Agents Under Maharashtra RERA
Since the Real Estate (Regulation & Development) Act (RERA) went into effect, Maharashtra has been the State that has been most active in putting the law into practice. With the most MahaRERA-approved projects nationwide, it stands out from the competition. Below are specifics about the projects and agents in Maharashtra that have been approved, as well as the State tribunal’s process for handling complaints.
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The inhabitants of Maharashtra have repeatedly called for the swift resolution of open complaints with MahaRERA. Although there are currently about 6,500 cases pending with the authority, cases should be settled rapidly, according to the citizen group MahaRERA. As a result, citizens have recently asked that more adjudicating members be appointed to handle open cases.
According to Ramesh Prabhu, the chairman and another member of the Maharashtra Societies Welfare Association (MahaSEWA) handle about 2,000 cases each year. But, with roughly 6,500 complaints still pending, it will take close to three years to conclude all open cases. Also, RERA is tasked with delivering justice to harmed homebuyers within 60 days. Nevertheless, at the moment processing the order takes roughly 18 to 24 months. It takes an additional year and a half after the order has been carried out. Such a delay defies the intent of RERA.
RERA authorized projects and agents in Maharashtra
As the most active State in the nation in the effective implementation of the Real Estate (Regulation & Development) Act (RERA), Maharashtra’s regulatory body has shared an updated list of all projects and agents that have been registered and are now in progress online. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has so far authorize more than 31,221 of the 68,000 projects that have been registered under the Act. There are 36,376 registers agents, or agents, in total.
To regularly verify the status of projects and registered real estate agents- click here
According to the most recent data on the Maharashtra RERA website, the authority has so far approved 31,221 projects.
For checking project approvals under MahaRERA- click here
MahaRERA has given approval to 36,376 real estate agents in the State. Over 37,000 applications have been submit to the authority.
To view information on MahaRERA-approved agents- click here
The State’s regulatory agency also excels in resolving complaints that are filed under the Act. More than 12,000 of the more than 18,000 complaints that MahaRERA received have been handled as of this writing.
How to sign up for MahaRERA?
To register as a builder/agent or an active real estate project under MahaRERA, just follow these easy steps.
Step 1: Go to the MahaRERA website.
2nd: Choose the option marked “Online Application”
3rd: Choose “New Registration” in the newly opened box, where you will be prompt to choose your “User Type” (promoter/real estate agent/citizen).
4th: Based on the user type option, enter all the necessary information.
5th: You can access your account after confirming your email ID.
What is the Maharashtra RERA registration fee?
| Type of transaction | Fee details |
| Filing complaints | Rs 5,000 |
| Project registration | Rs 10,000 or Rs 10/sq m, whichever is higher |
| Agent registration (Other than Individual) | Rs 1,00,000 |
| Agent registration (Individual) | Rs 10,000 |
The paperwork needed for builders to register with MahaRERA
The following set of paperwork is need for developers and builders to register with Maharashtra RERA:
- PAN Card
- Legal title report (copy)
- Encumbrance certificate
- Layout approval (copy)
- Building plan approval (copy)
- Declaration in Form B
- Certificate from the architect
- Certificate from the CA
- Certificates from the Engineer
- Commencement certificate
The paperwork needed for agents to register with MahaRERA
The following set of paperwork is need to register as an agent under Maharashtra RERA:
- PAN Card
- Particulars of Registration
- Memorandum of Association
- Articles of Association
- All letterheads (copy)
- Letterhead rubber stamp (copy)
- Acknowledgement receipts
- Incomes tax returns of the last 3 years
- Criminal or civil cases, if any
Which projects do not require MahaRERA registration?
MahaRERA was formed to protect homebuyers from fraudulent activities and unethical practices, as well as to register real estate brokers and real estate developments. It is crucial to remember that not all projects require registration with MahaRERA. They consist of
- If the real estate project’s planned construction site has a maximum area of 500 square metres
- If the promoter of the relevant real estate project received a completion certificate prior to the MahaRERA Act going into force (CC)
- When a real estate project only entails rehabilitation, remodeling, or maintenance and not promoting, publicizing, or allotting a new house, plot of land, or building
What is the MahaRERA complaint process?
A person must first register on the MahaRERA website as a new user and complete a form if they want to make a complaint about RERA-registered projects or agents within the State.
The cost to file a complaint under RERA in Maharashtra is Rs 5,000. The payment can be made through the NEFT or RTGS systems.
How long does it take MahaRERA to resolve complaints?
Typically, MahaRERA resolves complaints within 60 days of the filing date. However, due to the complexity involved, it can occasionally take more time than usual to resolve some issues.
MahaRERA, also known as Maharashtra RERA, is in charge of overseeing the state of Maharashtra’s real estate market. The authority ensures that there are no dishonest practices present in the State’s real estate market and that all transactions go through without a hitch.
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