AI will be used to detect advertisements published without a MahaRERA registration number and QR code. As per the RERA Act, any project of over 500 sq mts or 8 flats must be registered with the MahaRERA.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken action against developers selling non-agricultural plots without registering with the authority. Show cause notices have been issued to 41 developers in Maharashtra. Registration with MahaRERA is mandatory for selling plots, flats, or buildings. Majority of the violating projects are from Pune, followed by Konkan and Nagpur regions.
Beginning August 1, the MahaRERA has made it mandatory for developers to display QR codes in all advertisements and promotion activity or pay a penalty of as much as Rs 50,000.