Maharashtra Real Estate Registration Authority (MahaRERA)

As per the Real Estate (Regulation and Development) Act, 2016, every Indian state must have a dedicated Real Estate Regulatory Authority. The authority intends to strengthen the real estate industry in the nation. It also aims to foster a sense of professionalism and ensures a clear path for people wishing to join the real estate industry.

 

In Maharashtra, the Maharashtra Real Estate Regulatory Authority or MahaRERA functions to regulate the undertakings in the real estate market. This special authority oversees the protocols within the real estate industry of the state and undertakes dispute redressal when required. 

1. Objectives Of MahaRERA

The main objectives of MahaRERA include: 

• Protecting the interest of real estate customers

• Ensuring transparency during the sale of apartments or plots

• Ensuring settlement in times of dispute

• Forming the Appellate Tribunal to address buyer complaints

2. MahaRERA Registration

It is mandatory for the promoters to register their real estate projects under the RERA Act to sell, advertise, market, or book. Before proceeding to work, it is expected that the promoters make an application to the authority for registration.

 

The Maharashtra Government regulates the responsibility of registering real estate projects under the Maharashtra Real Estate Regulatory Authority.

MahaRERA registration carries innumerable benefits for real estate stakeholders, like:

• Ensuring a smooth system by establishing a separate escrow account for borrowers undertaking real estate transactions 

• Monitoring the authentication of promoters and brokers to safeguard the interest of real estate buyers

• Allowing registered promoters and brokers to file a complaint with the authority about any issue within the sector

• Enabling promoters to determine the date of project completion based on their preferences

Here are the steps that you must follow to register and MaLogin with RERA Maharashtra (रेरा महाराष्ट्र): 

• Step 1: Visit the official RERA Maharashtra website and head over to the ‘MahaRERA Login Page’

 

• Step 2: Click on ‘New Registration’

• Step 3: Select ‘User Type’ (promoter/real estate agent/citizen).

• Step 4: Enter the requested information

• Step 5: Verify your email ID before you log in to your account

• Step 6: Click on ‘Add Project’ to add the project’s details and then select ‘save’

• Step 7: For new projects, select ‘New Project’, and enter the required information and click on ‘Add Project’

• Step 8: Select ‘Add Building’ to enter the specifics of the building and the offered amenities

• Step 9: Enter the total budget for the development project

• Step 10: If applicable, mention the details of any lawsuit involving the project and other activity details, before clicking on the ‘Save’ button

• Step 11: Finally, click on ‘Confirm and Proceed’ to pay your registration fee and finish the process

You can search for registered projects through the MahaRERA Project Search (महारेरा प्रकल्प शोध) by following the steps provided below:

• Step 1: Visit the official MahaRERA website

• Step 2:  Click on ‘Registered Projects’ listed under the sub-heading ‘Select User Type’

• Step 3: Search for project details either by typing in its name, the name of the promoter, or its registration/certificate number and click on ‘Search’

• Step 4: The project details will appear in the search results. Click on ‘View’ to see all the details of the project such as locality, project type, ongoing status, and proposed completion date

As a promoter, you will be required to submit the following documents when registering a property on the official MahaRERA portal.

• PAN card

• Copy of the legal title report

• Form-B Declaration

• Certificates from the architect (Form-1: mandatory for only ongoing projects)

• Certificates from the architect (Form-4)

• Certificates from the CA (Form-3)

• Certificates from the CA (Form-5)

• Certificates from the Engineer (Form-2: mandatory for only ongoing projects)

• Commencement certificates

• Details of encumbrance

• Copy of the layout approval and building plan approval

• Signed proforma of the allotment letter and agreement for sale

To effectively address the issues of citizens, MahaRERA has also established a toll-free helpline. Enquirers can call on the following numbers with their queries:

• Toll-free number: 1800-210-3770

• Primary Rate Interface (PRI) Line (could be chargeable): 022 6915 7100(7 am to 11 pm - Monday to Saturday)

 

The addresses for MahaRERA head office and other regional offices is as follows:

• RERA Mumbai Office: Maharashtra Real Estate Regulatory Authority, 3rd Floor, A-Wing, Slum Rehabilitation Authority, Administrative Building, Anant Kanekar Marg, Bandra (E), Mumbai, Maharashtra - 400051 

• RERA Pune Office: Maharashtra Real Estate Regulatory Authority, 109 to 113, 1st Floor, Sayajirao Gaikwad Udyog Bhavan, Aundh, Pune, Maharashtra - 411007 

• RERA Nagpur Office: Maharashtra Real Estate Regulatory Authority, Administrative Building No.1, 1st Floor, Adjacent to Udyog Bhavan, Civil Line, Nagpur, Maharashtra 440001 

By registering on the official website, you can check the full list of registered projects, file a complaint, and access many other services. If you’re interested in purchasing a property and lack the required funds, you can apply for a home loan on Bajaj Markets.