The Maharashtra Real Estate Regulatory Authority (MahaRERA) took action against 21 real estate developers, who have not followed the Real Estate (Regulation & Development) Act (RERA) registration, and also did not apply a list of customers who booked their homes for further action under Section 7 and 8 of the RERA Act. The provisions of […]
MahaRERA took suo moto action against 21 developers.more
By Abhay Shah, Realty Quarter The Maharashtra Real Estate Regulatory Authority (MahaRERA) enforced on Godrej Properties a penalty of Rs 30 lakh for placing 30 hoardings of their new project in Thane without first registering it. After complainant Aditya Bothra brought the discrepancy to its notice, the authority called up Godrej Properties for a hearing. […]
Godrej Properties promotes its project without registration, receives a fine of Rs.30 lakhs from MahaRERA.more
By Abhay Shah, Realty Quarter The Maharashtra Real Estate Regulatory Authority (MahaRERA) is contemplating extending its conciliation forum experiment by establishing benches to assist settle conflicts between builders and house buyers in each district of the state. Gautam Chatterjee, the chairman of the authority, said the expansion is going to take place in phases. MahaRERA […]
MahaRERA is setting up conciliation forum benches in each district to resolve disputes between developers and home buyers.more By Abhay Harish Shah, Realty Quarter The Maharashtra Real Estate Regulatory Authority (MahaRERA) makes the declaration that while transferring or allotting promoters rights and liabilities to a third-party the real estate developers has to disclose any financial creditors charge on their projects. The regulator’s direction assumes importance, upon growing instances of joint development contracts or […]
MahaRERA declares – Developers are not allowed to transfer their majority stakes without written approval from the authority.more
MahaRERA is making buying a home for a buyer easy day by day. The regulatory body has just made property buying more convenient by putting mapping all the development projects which are registered with them. Now a buyer has not run door to door for project details and information you can access all the detail […]
MahaRERA goes digital: get all projects detail just a click awaymore
Gautam Chatterjee, the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA), is all set make title insurance mandatory for registered developers. This comes after insurance companies expressing interest in providing title insurance for the real estate projects. Though the RERA had made land title insurance mandatory for developers, the state unit was not able to implement the clause right away […]
MahaRERA Chief Gautam Chatterjee set to make land title insurance mandatorymore
‘’If developers do not register themselves before the end date of RERA, notices will be issued’’, says Gautam Chatterjee, RERA Chairperson. Shri. Gautam Chatterjee who took over as the Chairperson of MahaRERA states that if developers/builders fails to register before 31st July show cause notices will be send to each one. These notices will be […]
Interview of Shri. Gautam Chatterjee, Chairman, MahaRERA, Government of Maharashtramore