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MahaRERA issues notice to 10,773 ‘lapsed’ projects, MMR tops the list

MUMBAI: The developers of over one-fifth of projects, registered with Maharashtra Real Estate Regulatory Authority, have been issued show cause notices, as the projects have come under the “lapsed” category. MahaRERA issues notice to 10,773 ‘lapsed’ projects, MMR tops the list The notices have been issued to developers who have failed to update their project’s status and related information on …

Projects Project Notice Maharera Lapsed Lapsed Projects

1 week ago

MahaRERA issues show cause notices to around 11,000 lapsed housing projects, MMR tops the list

Hindustan Times

The Maharashtra Real Estate Regulatory Authority has initiated scrutiny of all lapsed housing projects and issued show-cause notices to around 11,000 such projects, most of which are in the Mumbai Metropolitan Region. MahaRERA has issued show-cause notices to around 11,000 lapsed housing projects, most of which are in the Mumbai Metropolitan Region. MahaRERA’s order issued in July 2022 also states …

Projects Project Maharera Estate Real Submit Housing Projects

₹200 cr recovered from realtors to compensate homebuyers, ₹500 cr more payable: MahaRERA

Live Mint

Mumbai, Dec 2 The Maharashtra Real Estate Regulatory Authority on Monday said it has recovered over ₹200 crore from developers to compensate homebuyers for their losses. The real estate watchdog said it has issued 1,163 warrants for recovering ₹705.62 crore across the state and has made developers cough up ₹200.23 crore from 283 warrants involving 139 real estate projects, as …

Mumbai Projects Pune Crore Real District Warrants

3 weeks ago

Delayed possession: MahaRERA recovers ₹200 crore from real estate developers in Maharashtra

Hindustan Times

The Maharashtra Real Estate Regulatory Authority has recovered compensation worth ₹200.23 crore from real estate developers who had failed to hand over possession of housing units to homebuyers on time. MahaRERA update: Maharashtra Real Estate Regulatory Authority has recovered compensation worth ₹ 200.23 crore from real estate developers According to MahaRERA, out of the total ₹200.23 crore recovered, ₹46.47 crore …

Mumbai Recovery Maharashtra Pune Crore Maharera Estate

3 weeks, 6 days ago

Advertising watchdog finds hundreds of Maharashtra realtors violating ad rules

Live Mint

The Advertising Standards Council of India found hundreds of real estate developers in Maharashtra to be carrying out false or misleading advertising, leading to the imposition of penalties worth early ₹90 lakh, showed its half-yearly report released on Tuesday. According to the report, the ASCI reviewed 4,016 complaints and scrutinized 3,031 It scrutinized 2,115 real estate Some of the developers …

Advertising Maharashtra Ads Kapoor Estate Real Asci

1 month ago

Maharashtra Election Results 2024: 5 things Mumbai homebuyers look forward to from the new government

Hindustan Times

With Maharashtra assembly elections 2024 results expected to be announced today, homebuyers in Mumbai, the costliest real estate market in the country, hope that the government will focus on middle income housing, improve infrastructure and take steps to ensure that stalled projects are revived. Maharashtra Election Results 2024: Homebuyers in Mumbai hope that the new government will fast track the …

Mumbai Maharashtra Homebuyers Projects Pune Thane Estate

1 month ago

Link websites of civic bodies to MahaRERA portal in 3 months: HC

Hindustan Times

MUMBAI: The Bombay high court on Tuesday directed the state government to order all municipal corporations, municipal councils and other planning authorities across the state to link their respective websites with the Maharashtra Real Estate Regulatory Authority portal within three months, to enable home buyers to verify the authenticity of certificates submitted in real estate registrations. Link websites of civic …

Maharera Illegal Civic Bodies Maharera Portal

1 month ago

MahaRERA update: 5 things homebuyers should know about brokerage fee payable to real estate agents

Hindustan Times

The Maharashtra Real Estate Regulatory Authority on October 22 issued an order stating that a clause be included in the agreement for sale signed between homebuyers and developers mentioning the amount to be paid as fees, commission, brokerage, to the agent by the developer, buyer or both as the case may be. MahaRERA has not specified that the provision concerning …

Mumbai Legal Experts Order Fees Agreement Maharera Estate

1 month, 1 week ago

Failure To Provide Possession Of Two Showrooms On Time, MahaRERA Directs Pune Builder To Pay Interest To The Complainant

Live Law

Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak directed the Pune-based builder Deron Properties Pvt Ltd to pay interest to the complainant who purchased two showrooms in their project. Background Facts The complainant who is a private company purchased two showrooms in the builder's project named Deron Business Square located in Hinjavadi, Pune. However, even after receiving a substantial …

Pune Project Complainant Builder Possession Authority Showrooms

1 month, 2 weeks ago

MahaRERA Orders Relief To Nine Homebuyers Of Sahara Prime City Facing Delay Of Over 17 Years

Live Law

Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak, provided relief to nine homebuyers of the Sahara Prime City Nagpur project which has been facing a delay of more than 17 years. Background Facts Homebuyers booked their respective flats in Sahara Prime City, Nagpur, Maharashtra. Therefore, being aggrieved by the delay, the homebuyers filed nine separate complaints before the authority …

Homebuyers Delay Sahara Possession Authority Sahara Prime City

1 month, 3 weeks ago

MahaRERA Issues Multiple Orders to Protect Interests of Real Estate Agents, Landlords and Homebuyers

Hindustan Times

Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued five orders to safeguard the interests of real estate agents, landlords and homebuyers in Maharashtra. These orders aim to ensure timely payment of brokerage to real estate agents and reduce disputes over commission promised by developers for property transactions enabled by them.

Business Government Law Real Estate Mumbai

2 months, 1 week ago

314 Maharashtra housing projects registered with MahaRERA face insolvency proceedings

Hindustan Times

Mumbai:A total of 314 housing projects across Maharashtra, registered with the state's Real Estate Regulatory Authority, are currently facing insolvency and bankruptcy proceedings. A total of 314 housing projects across Maharashtra, registered with the state's Real Estate Regulatory Authority, are currently facing insolvency and bankruptcy proceedings. MahaRERA has compiled this crucial information of the projects undergoing insolvency and bankruptcy proceedings …

Maharashtra Homebuyers Projects Nclt List Proceedings Maharera

3 months, 2 weeks ago

Mumbai-based Kalpataru Ltd plans to foray into Nagpur real estate market, may launch a plotted development project

Hindustan Times

Mumbai-based Kalpataru Ltd, which filed its draft prospectus last month with market regulator SEBI to launch its initial public offering for raising up to ₹1,590 crore, plans to foray into the Nagpur real estate market. The company is expected to launch a plotted development project spread across 37 acres, market sources told HT.com Mumbai-based Kalpataru Ltd, which filed its draft …

Mumbai Development Market Launch Projects Project Crore

3 months, 4 weeks ago

Homebuyers’ body writes to Centre, objects to MahaRERA setting up conciliation forum to settle buyers-builders disputes

Hindustan Times

Raising objections to Maharashtra real estate regulator MahaRERA’s decision to constitute and be part of a conciliation forum to settle disputes between homebuyers and builders, a pan-India homebuyers’ body, Forum for Peoples’ Collective Efforts, has said that the law does not empower the regulatory authority to set up such a forum and the move can lead to a possible ‘conflict …

Real Estate Maharashtra Conciliation Lok Adalats Maharera Forum Ministry

4 months ago

Mumbai real estate: This is how MahaRERA plans to fix leakage issues in apartments

Hindustan Times

The Maharashtra Real Estate Regulatory Authority on August 16 amended the MahaRERA Rules making it mandatory for real estate developers to submit a third party quality assurance certificate to the regulatory authority at the end of every fiscal and publish it on their respective websites. The Maharashtra Real Estate Regulatory Authority on August 16 amended the MahaRERA Rules making it …

Construction Quality Homebuyers Project Maharera Mehta Estate

4 months ago

MahaRERA makes ‘Quality Assurance Certificate’ mandatory for builders

Hindustan Times

Developers in the state will now not only have to give a ‘Quality Assurance Certificate’ to the MahaRERA every fiscal end but also publish it on their website. “To ensure that homebuyers receive improved quality residences and do not have to chase the developer to get the defects repaired, the Maharashtra Real Estate Regulatory Authority has made it mandatory for …

Quality Maharera Developer Certificate Mandatory

4 months, 3 weeks ago

MahaRERA makes it mandatory for real estate developers to mention delivery date of amenities and occupation certificate

Hindustan Times

The Maharashtra Real Estate Regulatory Authority has made it mandatory for real estate developers to mention the exact date by which facilities and amenities will be made available to homebuyers along with the expected date of obtaining the occupation certificate. Maharashtra Real Estate Regulatory Authority has made it mandatory for real estate developers to mention the exact date by which …

Homebuyers Delivery Facilities Date Estate Real Developers

4 months, 3 weeks ago

Mumbai real estate pros miffed over withheld brokerage fees, boycott imminent

Hindustan Times

Mumbai Order Fees Maharera Estate Real Brokers

4 months, 3 weeks ago

MahaRERA has no plans yet to regulate real estate influencers promoting projects on social media

Hindustan Times

The Maharashtra Real Estate Regulatory Authority has said that it has no plans yet to bring social media real estate influencers under the ambit of RERA Act, senior MahaRERA officials told HT.com Maharashtra Real Estate Regulatory Authority has said that it has no plans yet to bring social media real estate influencers under the ambit of RERA. Hence, currently there …

Social Media Social Information Maharashtra Projects Maharera Estate

4 months, 4 weeks ago

MahaRERA - Homebuyers Accepting Partial Refund From Builder Without Interest Can't Later Seek Refund With Interest

Live Law

While rejecting the homebuyers' request for a refund with interest, who had accepted a partial refund of 15 lakhs from the builder without interest, Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak, held that homebuyers accepting a partial refund amount from the builder without interest cannot later seek a refund with interest under Section 18 of RERA, 2016. Aggrieved …

Homebuyers Interest Builder Refund Authority Partial Refund

5 months ago

Homebuyers Failed To Make Timely Payment, MahaRERA Orders Homebuyers To Pay Dues To Builder With Interest

Live Law

Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak, has directed homebuyers to pay the remaining amount with interest to Kapstone Constructions Private Limited, the builder, after they failed to make payment as per the terms and conditions of the agreement for sale. Aggrieved by the delay in payment from the homebuyers, the builder filed a complaint before the authority …

Homebuyers Sale Pay Payment Agreement Rera Builder

5 months, 1 week ago

MahaRERA Update: Former Maharashtra chief secretary Manoj Saunik new MahaRERA chairman

Hindustan Times

Former Maharashtra chief secretary Manoj Saunik, a retired Indian Administrative Office of the 1987 batch, will take charge as the new chairman of Maharashtra Real Estate Regulatory Authority after the current chairman Ajoy Mehta steps down from the post in September, Maharashtra's housing department said in a government resolution issued on July 16. Former Maharashtra chief secretary Manoj Saunik, a …

Maharashtra Chief Secretary Maharera Estate Real Chief Ias

5 months, 1 week ago

Shinde’s principal adviser appointed as MahaRERA chairman

Deccan Chronicle

Mumbai: Maharashtra chief minister Eknath Shinde’s principal adviser Manoj Saunik will be the new chairman of Maharashtra Real Estate Regulatory Authority. Mr. Saunik, who is former chief secretary of Maharashtra, will replace the veteran bureaucrat Ajoy Mehta, whose term is expiring on September 20 of this year. A senior official said that former chief secretary of Maharashtra Nitin Kareer and …

Maharashtra Saunik Principal Adviser Maharera Chief

5 months, 1 week ago

Details of real estate project grading expected to be made public in a month: MahaRERA chief

Hindustan Times

Details of real estate project grading are likely to be made public by the Maharashtra Real Estate Regulatory Authority in a month. The MahaRERA intends employing artificial intelligence tools to grade these projects, Ajoy Mehta, chairman of MahaRERA told HT.com The MahaRERA intends employing artificial intelligence tools to grade real estate projects in Maharashtra, Ajoy Mehta, chairman of MahaRERA told …

Maharashtra Projects Month Maharera Mehta Estate Real

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Search results for maharera

MahaRERA issues notice to 10,773 ‘lapsed’ projects, MMR tops the list

MahaRERA issues show cause notices to around 11,000 lapsed housing projects, MMR tops the list

₹200 cr recovered from realtors to compensate homebuyers, ₹500 cr more payable: MahaRERA

Delayed possession: MahaRERA recovers ₹200 crore from real estate developers in Maharashtra

Advertising watchdog finds hundreds of Maharashtra realtors violating ad rules

Maharashtra Election Results 2024: 5 things Mumbai homebuyers look forward to from the new government

Link websites of civic bodies to MahaRERA portal in 3 months: HC

MahaRERA update: 5 things homebuyers should know about brokerage fee payable to real estate agents

Failure To Provide Possession Of Two Showrooms On Time, MahaRERA Directs Pune Builder To Pay Interest To The Complainant

MahaRERA Orders Relief To Nine Homebuyers Of Sahara Prime City Facing Delay Of Over 17 Years

MahaRERA Issues Multiple Orders to Protect Interests of Real Estate Agents, Landlords and Homebuyers

314 Maharashtra housing projects registered with MahaRERA face insolvency proceedings

Mumbai-based Kalpataru Ltd plans to foray into Nagpur real estate market, may launch a plotted development project

Homebuyers’ body writes to Centre, objects to MahaRERA setting up conciliation forum to settle buyers-builders disputes

Mumbai real estate: This is how MahaRERA plans to fix leakage issues in apartments

MahaRERA makes ‘Quality Assurance Certificate’ mandatory for builders

MahaRERA makes it mandatory for real estate developers to mention delivery date of amenities and occupation certificate

Mumbai real estate pros miffed over withheld brokerage fees, boycott imminent

MahaRERA has no plans yet to regulate real estate influencers promoting projects on social media

MahaRERA - Homebuyers Accepting Partial Refund From Builder Without Interest Can't Later Seek Refund With Interest

Homebuyers Failed To Make Timely Payment, MahaRERA Orders Homebuyers To Pay Dues To Builder With Interest

MahaRERA Update: Former Maharashtra chief secretary Manoj Saunik new MahaRERA chairman

Shinde’s principal adviser appointed as MahaRERA chairman

Details of real estate project grading expected to be made public in a month: MahaRERA chief