16,665 projects in Maharashtra have been registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA), the highest in any part in the country.
The Real Estate and Regulatory Authority Rules (RERA) 2017 came into effect in Maharashtra on May 2017. Since then, MahaRERA has received 1
16,665 projects in Maharashtra have been registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA), the highest in any part in the country.
The Real Estate and Regulatory Authority Rules (RERA) 2017 came into effect in Maharashtra on May 2017. Since then, MahaRERA has received 16,802 applications from developers, of which it has granted registration to 16,665. In the same period, a total of 14,881 applications were received from the real estate agents of which it granted registration to 14,762 applications.
The authority also received 2,866 complaints. While it has already passed orders in 1,637 complaints, hearing is in the process for 891 complaints and the authority is yet to receive documents in 170 complaints.
MahaRERA is also in charge of Daman and Diu and Dadra Nagar Haveli zones. In these union territories, the authority has granted registration to 63 projects and 1 agent.