Ramesh Nair, CEO & Country Head, JLL India By Accommodation Times Bureau The data available on the MahaRERA website makes it one of the most detailed and informative among RERA websites deployed so far, thereby also making it one of the most potentially useful for end-users and investors to base their decisions
By Accommodation Times Bureau Mumbai The chairman, MahaRERA, Gautam Chatterjee informed that most of the ongoing real estate projects in Maharashtra have got registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA), and that’s good news. "So far, we have received total 13,400 applications for registration and of these, we have already registered 13,300 projects," Chatterjee said while addressing NAREDCO-APREA summit here.
By Accommodation Times Bureau In a landmark Order by MahaRERA on 21st Sept in the matter of Sejal Gandhi v. Jayant Mehta, Kamla Vihar CHS ( CC006000000000615), it was specifically mentioned in the order that all occupied building without Occupation Certificate need not register with Maha RERA Authority. Complainant Sejal Gandhi had
Ramesh Nair - CEO & Country Head, JLL India By Accommodation Times Bureau Data for Maharashtra RERA project registrations presents a positive picture for residential real estate micro-markets across Mumbai One Major Insight: The total carpet area of projects registered under MahaRERA as per recent data available, was 84.62 mn. sq.ft., of which the total
By Accommodation Times Bureau Truly personifying the purpose of it's establishment 'buyer/consumer friendly' MahaRERA has set a record of receiving 55 complaints from buyers against real estate developers. Majorly these complaints comprise the delay in meeting deadlines and the builder's resistance in signing agreement deeds. Incidentally, the hearing in two such
By Accommodation Times Bureau Mumbai: After the deadline for Real Estate Regulatory Authority (RERA) lapsed, the number of online projects registered with MahaRERA on August 4 has touched 11,620 which is up by more than 800. Till July 31, the number of registrations within the three month deadline stood at 10,582. Whereas the committee made a decision of
By Accommodation Times Bureau The initial laxity shown by builders and property developers in getting their projects registered with the newly formed Maharashtra Real Estate Regulatory Authority (MahaRERA) has given way to a last minute rush of sorts ahead of the July 31 deadline. As of Saturday, the newly formed government body's
By Accommodation Times Bureau With just about a fortnight left for developers to register ongoing projects with Maharashtra Real Estate Regulatory Authority, less than 5% of them have registered with the authority, according to MahaRERA officials. The deadline for registration of ongoing projects with RERA is July 31. With an estimated 10,000 plus ongoing
By Accommodation Times Bureau The beneficiaries of RERA and advocacy groups are criticizing the state online portal initiated for the Real Estate (Regulation & Development) Act, for not having alleviated any grievance redressal mechanism for the users. The newly introduced legislation and laws affect particularly three stakeholders — promoters, agents/brokers and citizens.
By Accommodation Times Bureau Real estate developers in Maharashtra can continue to advertise and market their ongoing projects till July-end, but they will not be permitted to do so thereafter without registering themselves with the state's Real Estate Regulatory Authority (RERA). Although the central government has said that no real estate projects can