Up next
Tags

In a first of its kind in the country, 457 real estate agents will be appearing for an examination made mandatory by MahaRERA.

MahaRERA earlier this year announced that an examination shall be mandatory for all real estate agents who wish to practise the profession in the real estate industry.

Only when they pass the test prescribed by MahaRERA will they be allowed to get a registration number, which is mandatory to carry out the real estate business.

The test will be conducted at 10 different centres across the state of Maharashtra. These centres are at Mumbai, Thane, Pune, Navi Mumbai, Nagpur, Nashik and other areas.

While for every new registration of a real estate agent this particular test is mandatory, for the 39,000 registered agents it is mandatory that they pass the test by September 1.

Several developer bodies and other association organised training sessions for real estate agents.

This move was by MahaRERA, so as to empower real estate agents, the reason being that the estate agents who are to sell homes should be aware about the act as well as know what they are selling to the homebuyers.

Also Read: New policy soon for stalled redevelopment projects in Mumbai: Maha CM

SHARE ON
TwitterWhatsappFacebookBufferLinkedInPin It
You May Also Like
A new JLL study shows 91% of Indian companies are experimenting with AI in corporate real estate, yet only 5% are achieving real results, exposing a major gap between adoption hype and business outcomes.

AI Boom or Illusion? Only 5% of Firms See Real Results Despite Massive Adoption in Corporate Real Estate

A new JLL study shows 91% of Indian companies are experimenting with AI in corporate real estate, yet only 5% are achieving real results, exposing a major gap between adoption hype and business outcomes.
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Mumbai MMR sets new benchmark with average registered home sales value reaching ₹94 lakh in June quarter

The Mumbai Metropolitan Region (MMR) has recorded an unprecedented surge in average…
In a buyer-friendly ruling, the Bombay HC today refused to quash a 2019 MahaRERA order directing Marvel Landmarks to refund over ₹1.35 crore plus interest to a flat purchaser.

Homebuyer Sought Refund, MahaRERA Awarded Possession with Interest: Tribunal Steps In to Undo Injustice

In a pro-justice move, MahaREAT condoned delay in a homebuyer’s appeal, recognizing MahaRERA’s error in awarding possession instead of the requested refund, and will now hear the matter on merits to prevent injustice on technical grounds.
After two decades of legal battle, the Bombay High Court has ordered the vacation of three shops on a prime 450 sq yard open plot in Bandra, ruling that occupants inducted by the original lessee have no independent right once the head tenancy is terminated.

Developer Asked to Get OC or Pay Rs 129 Crore in Damages to Housing Society

Bombay High Court has upheld the arbitral award directing developer Lotus Logistics to obtain Occupation Certificate for Evertop Apartments rehab wing within extended 9 months — or pay ₹128.98 crore damages for shifting rehab FSI through fictitious “open-to-sky ducts” in revised plans, calling it an act of “deceit and misrepresentation”.