MahaRERA Introduces Orders for Real Estate Protection

04 Nov 2024 CW Team

Key among the directives is a mandate requiring all real estate agents to disclose their registration numbers in any transaction or advertising, making it easier for homebuyers to verify an agent's authenticity. This measure is designed to reduce instances of fraudulent practices and unregistered agents in the market, thus enhancing consumer trust.

Additionally, MahaRERA has introduced guidelines for landlords and agents to clearly outline fee structures and commissions. These rules emphasize that any service fees or charges should be transparently disclosed and agreed upon before finalizing any transactions. This provision aims to prevent conflicts over hidden charges and ensures that landlords and tenants alike are fully informed about costs.

For homebuyers, MahaRERA’s new guidelines stress the importance of timely delivery and quality standards in residential projects. Developers are required to adhere strictly to promised timelines and specifications, with MahaRERA overseeing compliance. This initiative aims to protect buyers from delays and subpar construction quality, which have been common complaints in the real estate sector.

Furthermore, MahaRERA has empowered buyers with more robust mechanisms for filing complaints and seeking redress. With these new orders, homebuyers are assured of MahaRERA’s commitment to enforce compliance and address grievances promptly.

These comprehensive measures reflect MahaRERA’s proactive approach to creating a balanced, transparent, and fair real estate ecosystem in Maharashtra. By enforcing these rules, MahaRERA intends to bolster consumer confidence and ensure that all stakeholders — from agents to buyers — engage in transactions that are fair, transparent, and compliant with the law.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued five new directives aimed at safeguarding the interests of real estate agents, landlords, and homebuyers across Maharashtra. These orders seek to enhance transparency, promote accountability, and ensure fair practices in property transactions. Key among the directives is a mandate requiring all real estate agents to disclose their registration numbers in any transaction or advertising, making it easier for homebuyers to verify an agent's authenticity. This measure is designed to reduce instances of fraudulent practices and unregistered agents in the market, thus enhancing consumer trust. Additionally, MahaRERA has introduced guidelines for landlords and agents to clearly outline fee structures and commissions. These rules emphasize that any service fees or charges should be transparently disclosed and agreed upon before finalizing any transactions. This provision aims to prevent conflicts over hidden charges and ensures that landlords and tenants alike are fully informed about costs. For homebuyers, MahaRERA’s new guidelines stress the importance of timely delivery and quality standards in residential projects. Developers are required to adhere strictly to promised timelines and specifications, with MahaRERA overseeing compliance. This initiative aims to protect buyers from delays and subpar construction quality, which have been common complaints in the real estate sector. Furthermore, MahaRERA has empowered buyers with more robust mechanisms for filing complaints and seeking redress. With these new orders, homebuyers are assured of MahaRERA’s commitment to enforce compliance and address grievances promptly. These comprehensive measures reflect MahaRERA’s proactive approach to creating a balanced, transparent, and fair real estate ecosystem in Maharashtra. By enforcing these rules, MahaRERA intends to bolster consumer confidence and ensure that all stakeholders — from agents to buyers — engage in transactions that are fair, transparent, and compliant with the law.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

Real Estate

10 Jul 2026

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Real Estate

10 Jul 2026

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..