Buying a home is dream of many but it can be really overwhelming to navigate the real estate world specially when it comes to delays, misinformation or unclear legalities. That’s where MahaRERA comes in.
MahaRERA was formed under the Real Estate (Regulation and Development) Act, 2016. It is Maharashtra’s dedicated regulatory authority created to bring transparency, accountability and efficiency to the real estate sector.
What is MahaRERA?
MahaRERA stands for Maharashtra Real Estate Regulatory Authority. It was launched on 1st May 2017 under the central RERA act. It helps in regulating and promoting the real estate sector in Maharashtra by:
- Ensuring timely completion of real estate projects.
- Protecting rights of homebuyers
- Creating a fair and transparent environment for all.
All residential and commercial projects above a certain size must be registered under MahaRERA before selling it or advertising.
Key features of MahaRERA
- Mandatory Registration: All builders and agents dealing in real estate are supposed to register under MahaRERA, failure to do so will bring penalties.
- Project Transparency: Developers must disclose all the project details such as the land status, layout plan and financial statement etc on the MahaRERA’s official portal
- Timely delivery and penalties: If a builder fails to hand over the possession on time, buyers can claim compensation with interest.
- Regulation of Agents: Real estate agents must be registered and must follow a\ code of conduct leading to reduced fraud and misrepresentation.
Why MahaRERA matters to the homebuyer
- Verified Projects: Before you invest you can check if a project is legally approved and registered
- Access to Information: All registered project details are available online for public viewing for you to see.
- Legal Support: Buyers can file complaints and expect timely redressal of the same
- Financial Protection: Ensures that 70% of a buyer’s money is kept in a separate account and used only for that particular project.
How to check status of a Project at MahaRERA
- Visit: maharera.mahaonline.gov.in
- Click on “Registered Projects”
- Enter the name of the project, promoter, or RERA number
- Access complete details like layout plans, approvals, and timelines
Filing a complaint with MahaRERA
If you’re facing issues like project delays, misleading ads, or unfair practices, here’s how to raise a complaint:
- Register on the MahaRERA portal
- Fill the online complaint form
- Pay a nominal fee (approx. ₹5,000)
- Attend the hearing (physically or virtually)
- Get a legal remedy within 60 days (in most cases)
FAQ
1. How can I check my MahaRERA details?
You can check project or agent details on the official MahaRERA portal:
- Visit the site
- Click on “Registered Projects” or “Registered Agents”
- Enter the project name, promoter name, or RERA registration number
- View complete details, including approvals, layouts, and timelines
2. What is the cost of MahaRERA?
The registration cost for a project under MahaRERA depends on the project type and size. Typically, it is:
- ₹10 per sq. meter for residential projects
- ₹20 per sq. meter for commercial projects
However, there’s a cap based on the total project size. Additionally, agents have to pay ₹10,000 (individuals) or ₹1,00,000 (companies) for registration.
3. What is MahaCRITI?
MahaCRITI stands for Maharashtra City Renewal Implementation and Transformation Initiative. It is a government initiative under the Urban Development Department, which focuses on infrastructure development, city renewal, and smart urban planning across Maharashtra. It is not directly related to MahaRERA but works in sync for real estate improvement.
4. How can I download a RERA certificate in Maharashtra?
To download a MahaRERA certificate:
- Go to maharera.mahaonline.gov.in
- Click on “Registered Projects”
- Search the project by name or promoter
- Once on the project page, you’ll see the Registration Certificate option available as a downloadable PDF.
