628 Developers Face MahaRERA Action for Non-Compliance in Ads

10 Jul 2024 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated action against 628 real estate developers for failing to display their RERA registration numbers and QR codes in advertisements. This non-compliance violates the Real Estate (Regulation and Development) Act, 2016, aimed at enhancing transparency in the real estate sector.

The authority found that numerous developers neglected mandatory disclosure norms in their promotional materials, including brochures, online ads, and physical hoardings. Such omissions can mislead potential buyers and obscure crucial project details.

MahaRERA has issued show-cause notices to the defaulters, demanding explanations for their non-compliance. Developers are required to adhere strictly to the Act?s provisions, which mandate the inclusion of RERA registration numbers and QR codes in all advertisements to ensure authenticity and protect consumer interests.

The QR code, when scanned, provides comprehensive information about the project, including its registration status, approvals, and other critical data. This feature is designed to empower buyers with easy access to verified information, fostering a more transparent and accountable real estate market.

The developers now face penalties, including hefty fines and potential suspension of their project registrations. MahaRERA's stringent measures underscore its commitment to enforcing compliance and upholding the rights of homebuyers.

In addition to penalising defaulters, MahaRERA plans to intensify its monitoring efforts and launch awareness campaigns to educate developers about their obligations under the Act. The authority's proactive approach aims to ensure that all stakeholders adhere to the regulatory framework, promoting trust and reliability in the real estate sector.

This crackdown on non-compliance signifies MahaRERA?s dedication to maintaining stringent oversight and fostering a transparent real estate environment in Maharashtra.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..