Maharashtra RERA Mandates Broker Fee Disclosure

30 Oct 2024 CW Team

The Maharashtra Real Estate Regulatory Authority (RERA) has introduced a significant regulation mandating the disclosure of broker fees in property sale agreements. This new requirement aims to enhance transparency in real estate transactions, ensuring that homebuyers are fully informed about all costs associated with their property purchases.

Under the new guideline, brokers must clearly outline their fees within the sale agreement, providing buyers with a comprehensive understanding of the financial implications involved. This initiative is part of RERA's ongoing efforts to protect homebuyers and foster fair practices within the real estate industry.

The regulation is expected to strengthen the relationship between buyers and real estate agents by eliminating potential misunderstandings regarding commission structures. By having broker fees explicitly stated, homebuyers can make more informed decisions and better evaluate the overall costs of purchasing a property.

Industry experts have welcomed this move, noting that it aligns with the broader goal of improving governance in real estate transactions. Enhanced transparency is crucial for restoring consumer confidence and encouraging more individuals to engage in the property market.

Real estate professionals will need to adapt to these changes and ensure compliance with the new regulations. By prioritizing transparency, the industry can create a more trustworthy environment for all stakeholders involved.

Overall, this mandate reflects a progressive step towards modernizing the real estate sector in Maharashtra, reinforcing the importance of ethical practices and accountability in property dealings. As the market evolves, adherence to such regulations will be critical in promoting sustainable growth and protecting the interests of homebuyers.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..