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The body said in the last five years, it has issued 733 warrants in which developers have been asked to pay Rs 729.68 crore in compensation payments to home buyers who approached MahaRera after developers did not keep up their promises
The Maharashtra Real Estate Regulatory Authority (MahaRera) has imposed penalties for the non-registration of a residential project in Panvel. MahaRera imposed a fine of Rs 1000 per day, to be paid daily to the regulatory authority until the project obtains a registration number.
The Maharashtra Real Estate Regulatory Authority(MahaRERA) has come up with a list of documents to be submitted by the developers carrying out any redevelopment project.