MahaRERA directs builder to hand over projects 9 years before deadline

MUMBAI Maharashtra Real Estate Regulatory Authority (MahaRERA) settled a conflict over non-payment of dues in an ongoing housing project in Andheri. Authority directed two flat buyers to pay the maximum amount of the flat and asked builder to hand over the project nine years before the time limit. Nisar Realtors, a builder,

A Consumer’s Guide to Using MahaRERA Data

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

MahaRERA Chairman : Most ongoing projects in Maharashtra are registered

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.

Deciphering Mumbai Projects Registration under MahaRERA

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

55 ! The number of complaints received by MahaRERA

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

MahaRERA: Boost in registrations

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

Less than 5% builders register with MahaRERA

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