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

You May Also Like

Capital Appreciation and Rising Rental Yields Boost Investor Confidence in Indian Real Estate

Magicbricks’ Housing Sentiment Index shows growing investor confidence in the Indian real estate market, fueled by rising capital appreciation and rental yields. Noida and Greater Noida lead the index, while luxury properties see heightened demand, reflecting a positive outlook for the sector.

MMR Housing Market Overview: Q3 2024 Shows Mixed Trends in Launches and Sales

The Q3 2024 housing market overview for the Mumbai Metropolitan Region (MMR) reveals significant declines in both new launches and sales, with approximately 29,600 units launched—an 18% year-over-year decrease. Despite a challenging environment, affordable and mid-range segments continue to attract buyer interest, highlighting evolving trends in the region’s real estate landscape.

Explained: Why Kangana Got 24 Hrs Not 7 Days

Two notices were issued last week by the BMC, one was to…

NCR Sees Highest Land Appreciation Since 2019, 38% Rise on Yamuna Expressway

Avg. prices of plots on Yamuna Expressway were INR 1,600/sft in 2019 –…