MahaRERA Deregisters 18,693 Non-Compliant Property Agents

22 May 2025 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cancelled the registration of 18,693 real estate agents for failing to meet mandatory compliance requirements, including certification and timely licence renewals.

As per data available on MahaRERA’s official website, out of the 50,673 agents previously registered, only 31,980 remain active. The deregistration move primarily targets agents who did not obtain the required certification or renew their licences as per regulatory norms.

MahaRERA, which oversees nearly 50,000 registered real estate projects, has a broad network of agents, not only in Maharashtra but also in over 150 cities across India. These include key urban centres such as New Delhi, Gurgaon, Hyderabad, Bengaluru, and Ahmedabad. This nationwide involvement reflects the important role agents play in bridging the gap between developers and homebuyers.

Maharashtra leads the country in the number of registered real estate agents and projects. Region-wise, the Konkan area—home to the Mumbai Metropolitan Region—has the highest number of registered agents at 21,050, followed by Pune with 8,205. Other regions, including Nagpur, North Maharashtra, Sambhajinagar, and Amravati, contribute over 2,500 agents.

Given the influence real estate agents have on buyer decisions, MahaRERA mandates that agents be trained in the Real Estate (Regulation and Development) Act, 2016. Agents are expected to inform buyers about key provisions such as the Model Sale Agreement, Allotment Letter, Carpet Area, and Defect Liability Period—ensuring transparency and informed transactions.

To uphold industry standards and protect consumer interests, MahaRERA has made certification and training mandatory, forming the basis of its recent crackdown on non-compliant agents.

Image source:mypunepulse

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..