-523 real estate agents register for MahaRERA training

-New real estate agents are required to complete training and obtain certification before May 1 for MahaRERA registration and renewal.

-Existing real estate agents must also obtain this certification by September 1.

523 agents in the real estate sector have registered for training and their training has started. MahaRERA vide order dated January 10, has made it mandatory for new registration and renewal of agents to undergo training and obtain the prescribed certificate from May 1. Also the current agents will have to complete this training before September 1 and get the certificate.

The course in this regard has been prepared by the All India Institute of Local Self Governance. Moreover, with the aim of making training available everywhere in the state, the names of the institutions providing training facilities have been decided and announced.

The online exams to be held from the end of April are going to be conducted through the organisation IBPS (Institute of Banking Personnel Selection).

Since the month of February, developers’ self-regulatory organizations along with other organizations have organized many awareness programs in this regard on a large scale. These programs organized on a large scale are attended and guided by the seniors of MahaRERA as well as experts in the field.

An ‘agent’ in the real estate sector is a very important link between home buyers and developers. Considering the importance of these agents, its existence has also been highlighted in the RERA Act.

Agents are often the first contact customers make. Clients get the primary information regarding the project from them. Considering this importance of agents, all agents working in this sector should know the important provisions of RERA Act.

From real estate agents it is expected that Uniformity, consistency and clarity in providing basic information about regulatory provisions like Agreement for Sale, Allotment letter issued after registration of house, defect liability period etc.

It is on the basis of this information that consumers make a home buying decision. Therefore, MahaRERA has made this training and certification mandatory keeping the customer’s interest in mind.

MahaRERA has made it compulsory not only for the agents in this field but also for all the officers and employees working in any capacity from the developers who come in contact with the customers to get the certificate.

The examination for this will start from the end of April and it is mandatory to have this certificate for registration and renewal of agents from May 1. Also about 39,000 agents currently working in this field are also required to get this certificate before September 1.

Also Read: 75 Projects Registration Revoked or declared Ab initio void by MahaRERa

You May Also Like

At 27% Mumbai Sees Highest Coworking Rental Growth Since FY20 Among Top 5 Flex Workspace Hubs 

• Avg. monthly rentals per seat for flexi spaces in Mumbai stood at…

Rising Fire Incidents & the Need for a Right Combating Tool

By Dr Vikram Mehta Across the country, incidences of fire break-outs are…

Big action against errant developers, ₹101 crore recovered

Whenever MahaRERA the real estate regulatory authority of the state implementing RERA,…

CIDCO clears entire Navi Mumbai International Airport site

CIDCO has achieved a significant milestone in the Navi Mumbai International Airport…