Archive · 9 Jun 2025
MahaRERA Enhances Homebuyer Transparency in Real Estate
MahaRERA, a real estate regulator, is giving homebuyers more information about new housing projects.
They're updating registration certificates to include details like building size, number of units, and parking options.
This helps buyers make better decisions by providing clear information upfront.
If anything changes, like a delay, the certificate will be updated.
You can find these certificates on project websites, at the project site, and in ads with QR codes, so you can easily see what you're getting.
This helps protect buyers' money and makes real estate more secure.
MahaRERA will include project specifics in registration certificates.
Certificates will display total built-up area, number of units, and parking details.
Updated certificates will reflect any project amendments.
The move aims to help homebuyers make informed decisions.
Certificates will be available on project websites and at the project site, with QR codes in advertisements.
- Who
- Maharashtra Real Estate Regulatory Authority (MahaRERA)
- What
- Amending registration certificates for new housing projects to include detailed project information.
- When
- Effective immediately
- Where
- Maharashtra
- Why
- To enhance transparency and empower homebuyers.
Developers
Homebuyers
Transparency
Developers
Developers may prefer less information to be public to maintain control.
Homebuyers
Homebuyers benefit from increased transparency in project details.
- Implementing Body
- Maharashtra Real Estate Regulatory Authority (MahaRERA)
- Implementation Date
- Effective immediately
- Certificate Format
- Bullet-point format
- New Certificate Details
- Total built-up area, number of units, parking details
- Previous Certificate Details
- Project’s and promoter’s name and address