MahaRERA revokes registration for 13,785 real estate agents

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced the cancellation of the registration of 13,785 real estate agents due to their failure to renew licenses granted in 2017. According to a release from the regulator, those agents who want to resume their operations as property brokers must undergo the prescribed training and obtain certification. The regulator has made the information publicly available by posting the list of nearly 14,000 real estate agents on the website. Among the delisted brokers, the highest number, 6,291, comes from the combination of Mumbai city and Mumbai suburbs, followed by Thane with 3,075 and Pune with 2,349. MahaRERA noted a decline in overall numbers as a result of non-renewals, even though new agents have registered recently. In a recent development, the regulator conducted the fourth round of examinations for real estate agents. A total of 1,767 candidates took the test, and 1,527 successfully passed it.