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 is MahaRERA, and What Makes it Unique?

The Real Estate Regulation and Development Act came into effect on May 2017 with the objective to bring in transparency and uniformity as well as regulate the real estate sector in India. Among the other states, the Real Estate Regulation and Development Authority of Maharashtra or MahaRERA has been specifically pro-active since its inception. What makes the Maharashtra RERA Act unique? Some of the basic … Continue reading What is MahaRERA, and What Makes it Unique?

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?