RERA Act

What is the Function of RERA Act in Maharashtra?

The RERA (Real Estate Regulatory Authority) was passed by the Parliament of India in May 2016, to facilitate transparency in the real estate sector of the country. The act aims to benefit home buyers, builders, developers, brokers, and stakeholders.

RERA Act functions in every state of India, each having its separate regulatory body, such as RERA Delhi, RERA Punjab, RERA Karnataka, and so on. The equivalent existing in Maharashtra is MahaRERA Act.

RERA Act Motives

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What You Must Know About The Focus Of MahaRERA?

As per the Real Estate Act 2016, every developers and builder must follow certain guidelines and rules in favour of the home buyers. This has been done to protect the interests of the buyers and also to boost the real estate sector. Under the RERA act different states has to follow the policies regarding the real estate projects. One such state is Maharashtra and their … Continue reading What You Must Know About The Focus Of MahaRERA?