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“ The Real Estate (Regulation and Development) Act, 2016 came into being to ensure safe and secure investment in the real estate sector. It is imperative to obtain a MahaRERA registration number before advertising the sale of plots, flats and buildings. Despite this, it is a violation of law to advertise and sell plots without obtaining MahaRERA’s registration number. This is to protect the rights of investors. MahaRERA does not tolerate any irregularities in the real estate sector and this action of sending showcause notices is to protect the purchaser’s interest,
Ajoy Mehta, a year
MahaRERA Issues Showcause Notices to 41 Developers for Selling Plots…

Statements by Ajoy Mehta

“ When advertising their new housing projects, developers often promote a variety of attractive facilities and amenities alongside the actual apartments. However, there is no mention of when the…
Ajoy Mehta, a year
MahaRERA makes it mandatory for real estate developers to mention…
“ MahaRERA is committed to building trust among home buyers by legally empowering them to ensure their investments are secured and protected. These measures will be effective from July 1 and are aimed…
Ajoy Mehta, a year
MahaRERA directs real estate developers to maintain three bank…
“ The establishment of trust in the service sector is necessary for the growth of business. So far, the construction sector has only been recognised as a product sector. Now, it has started to grow as a…
Ajoy Mehta, a year
Only 195 projects in Maharashtra have grievance redressal cells for…

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