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MAHARERA FINES
MahaRERA tightens scrutiny on developers, advises caution to homebuyersMahaRERA has warned builders against unethical practices, such as misrepresenting project details or selling properties without all necessa...- MahaRERA cracks down on errant builders, freezes 1,950 projects’ bank accountsMahaRERA has frozen bank accounts of over 1,950 stalled or lapsed real estate projects to enforce accountability and protect homebuyers' in...
- Homebuyers’ body FPCE urges govt to act against misleading realty advertisementsThe Forum for People’s Collective Efforts has contacted the Ministry of Consumer Affairs about misleading ads in real estate. They urge the...
- Rs 200 cr recovered from realtors to compensate homebuyers, Rs 500 cr more payable: MahaRERAMahaRERA recovers over Rs 200 crore from developers to compensate homebuyers, with Rs 378 crore pending in Mumbai and Pune. The authority h...
- Pune's Top 3 Picks - Luxury HomesPune’s emergence as one of the cosmopolitan cities has led to the city being touted as the premium destination for luxury housing. The city...
- MahaRERA fines Piramal Realty for violation of rulesThe advertisement also did not carry the project’s registration number on first page, while the second page carried the same in “very small...
- MahaRERA slaps penalty on 8 Mumbai Builders for violation of rulesMahaRERA Chairperson Gautam Chatterjee, while levying the penalty, has warned the builders to ensure that such violation is not repeated in...
- Flat handover delay cases increase in MahaRera eraGovernment enacted Rera and all sections of the Act have come into force with effect from May 1 with the state being the first to notify it...
- MahaRERA passes order to settle homebuyer-Lodha developers matterMahaRERA on Tuesday disposed of a case filed by a homebuyer seeking refund of a booking amount from Lodha Developers.
- MahaRERA registration for ongoing projects: Realtors face a minimum Rs 1 lakh penalty for delayThe project registration fee ranges from Rs 50,000 to Rs 10 lakh, depending on its size. The fine will be levied on all applications receiv...
- Realtors face a minimum Rs 1 Lakh penalty for delaying registering with Maharashtra RERAThe Maharashtra Real Estate Regulatory Authority has decided to levy penalty of Rs 1 lakh or an amount equivalent to the registration fee.
- Builders' body CREDAI to hold awareness sessions on RERA rules in MaharashtraMaharashtra Credai president Shantilal Kataria said in a survey they found that only 10 developers had registered after the July 31 deadlin...
- Maharashtra RERA may take suo motu action against realtors for registration non-complianceAccording to developers, there are more than 20,000 ongoing realty projects across the state that had to be registered with the authority.
- MahaRera tweaks norms to allow project revisionsMahaRera announced the changes a circular issued to encourage developers to speed up the registration of their projects with the authority.
- MahaRERA not to extend registration deadline for ongoing projectsAny ongoing project that is being marketed needs to be registered with the authority or else it would be taken as violation of section 3 of...
- Realty ads allowed till July-end sans RERA registration in MaharashtraThe projects that have already received occupation certificate have been exempted from registration under RERA.
- RERA boon for real estate agents in PuneOver 1,200 have registered themselves under RERA, providing a platform to authenticate their business. They could not do earlier because of...
- Want to buy house in Maharashtra? Here's how to find RERA compliant projects onlineEach Regulatory Authority in the state is required to maintain a website with details of registered real estate projects for public viewing.
- Buying a house? RERA likely to make 20:80 schemes unviableThe implementation of RERA is likely to mean the end of special financing schemes such as the popular 20:80 scheme. Read on to find out why.
- 2 Mumbai builders first to register under RERAShah told that it took around 90 minutes to upload the documents of his ongoing project, Mayfair Vishwaraja in Titwala (East).
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