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“ From the start of the project to its completion, all project-related information should be made available to the homebuyer for a well-informed decision while buying a home. With this objective, MahaRERA, based on various regulatory provisions, is thoroughly monitoring the real estate sector at various levels. A dedicated Compliance Cell has been established for this purpose. It is mandatory to update the status of each project on MahaRERA’s website and insist on the submission of compliance reports within the stipulated timelines,
Ajoy Mehta, a year
Delayed possession: MahaRERA keeps registration of 1,750 lapsed real…

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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