Tag: #MahaRERA

The MahaRERA ruling is modified by MREAT, who also instructs the builder to pay interest going forward.

June 20, 2023

MUMBAI: A MahaRERA order from 2021 that barred homebuyers from receiving interest retroactive to the date of their payments as well as a refund for other payments, such as stamp duties and registration fees, was modified by the Maharashtra Real Estate Tribunal (MREAT). The MREAT directed an Andheri-based developer to pay interest on the amount […]

The MahaRERA ruling is modified by MREAT, who also instructs the builder to pay interest going forward.more

584 developers receive notifications from MahaRERA for failing to update their quarterly information.

May 9, 2023

Over 584 developers of housing projects registered in January have received show-cause warnings from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for failing to update information about their projects. These are a part of the 746 new housing projects overall that total 50,288 flats and were filed with the regulator in January. They are estimated […]

584 developers receive notifications from MahaRERA for failing to update their quarterly information.more

Chartered accountants receive a show-cause notice from MahaRERA.

May 3, 2023

MUMBAI: After noticing that MahaRERA regulations were being broken because the same chartered accountant had been hired for the role of the project auditor as well as that of the statutory auditor, MahaRERA issued show-cause notices to chartered accountants and also wrote to the Institute of Chartered Accountants of India. Promoters are required by MahaRERA […]

Chartered accountants receive a show-cause notice from MahaRERA.more

For promoting unregistered developments, MahaRERA in Pune has targeted eight more.

March 24, 2023

PUNE: 25 projects throughout the state that had been marketed without registration are now the subject of another suo motu action by the Maharashtra Real Estate Regulatory Authority (MahaRERA). The developers have received notices, according to officials’ statements on Thursday. In this respect, Pune has the second-highest number of breaches. MahaRERA also sent identical letters […]

For promoting unregistered developments, MahaRERA in Pune has targeted eight more.more

MahaRERA Scam: Two untraceable architects who created building plan layouts.

March 10, 2023

KALYAN: The two architects who prepared and certified the plan layouts of the majority of the buildings constructed illegally are wanted by the Enforcement Directorate (ED), which is looking into the MahaRERA scam involving 65 developers in Kalyan-Dombivli. However, the ED discovered that both architects provided false information about their firms and are therefore untraceable. […]

MahaRERA Scam: Two untraceable architects who created building plan layouts.more

Pune residents demand that MahaRERA matters be resolved quickly.

March 8, 2023

PUNE: Citizens’ groups have called for the swift resolution of cases and the recruitment of additional adjudicating members to hear the backlog of cases at the earliest opportunity due to the over 6,000 complaints that are now pending with the Maharashtra Real Estate Regulation Authority (MahaRERA). This week, citizen groups issued a message to the […]

Pune residents demand that MahaRERA matters be resolved quickly.more

Real estate papers must now be displayed on the websites of Maharashtra’s local bodies.

February 25, 2023

PUNE: According to a government resolution (GR) issued by the urban development department (UDD) on Thursday, all local planning authorities must display the commencement certificate (CC) and occupancy certificate (OC) granted for new and upcoming real estate projects on their websites and notify the Maharashtra Real Estate Regulatory Authority (MahaRERA) regarding the sanctions. It also […]

Real estate papers must now be displayed on the websites of Maharashtra’s local bodies.more

MahaRERA will approach UDD for a portal that displays approvals.

December 12, 2022

PUNE: The MahaRERA will approach the state’s urban development department (UDD) to establish a dedicated portal for all commencement and occupation certificate approvals. There is currently no portal that displays such permissions. One of the mandatory requirements for registering a project under the Act is that the promoter submits an application for a commencement certificate. […]

MahaRERA will approach UDD for a portal that displays approvals.more
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Revenue officials cite obstacles to carrying out MahaRERA orders.

November 2, 2022

PUNE: The state’s revenue officials have cited difficulties in enforcing Maharashtra Real Estate Regulatory Authority (MahaRERA) recovery warrant orders, with developer properties to be auctioned either on lien or rent or already mortgaged to financial institutions. Authorities are working hard to ensure that nearly 751 recovery warrant orders are carried out and that homebuyers receive […]

Revenue officials cite obstacles to carrying out MahaRERA orders.more
MahaRERA

MahaRERA increases the number of checks required to register projects.

September 26, 2022

The Real Estate (Regulation and Development) Act currently has 37,823 projects registered in the state. According to a Maharashtra Real Estate Regulatory Authority (MahaRERA) official, applications for 1,096 projects are being finalized. PUNE: For the benefit of consumers, builders who register their projects with MahaRERA will now face stricter scrutiny. The state currently has 37,823 […]

MahaRERA increases the number of checks required to register projects.more