Maha Rera News Today

RERA across 27 states and eight Union Territories have resolved up to 1,16,300 cases of homebuyers disputes till November 28, 2023, according to ANAROCK Research report based on data from the Ministry of Housing & Urban Affairs (MoHUA). On the other hand, registrations for projects and real estate agents under RERA have increased by 63% in the last two years. All you need to know

The regulatory authority had suspended registration of around 363 projects for which Forms 1, 2 and 3, that provide information about the status of the project, were not submitted on MahaRera website.

According to Maha-RERA authorities, the real estate developers were found not printing the RERA number on their project brochures or printing it in a manner so as to be illegible

Only Maharashtra and Uttar Pradesh have been particularly proactive in making conciliation as their anchor dispute resolution strategy.

Mehta said that MahaRera is working on legal, technical, and financial aspects and analysing the reason behind a large number of complaints.