MahaRERA Mandates Prominent Display of Project Details in Advertisements, Warns of Penalties

MahaRERA has directed that all housing project advertisements must prominently display the MahaRERA registration number, website, and project’s QR code, in a font size equal to or larger than the project’s contact details. Violators will face penalties.  

MahaRERA Directs Developer to Allocate Car Parking to Homebuyers, Warns of Penalty for Non-Compliance

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the developer of Suyog Nisarg Phase III to allocate promised car parking spaces to three homebuyers within 30 days. The ruling, delivered after the developer’s absence from the hearing, warns of penalties for non-compliance and highlights ongoing registration and compliance issues with the project.

MahaRERA Appellate Tribunal Orders Developer to Refund Buyers, Rejects Cancellation Fee

The MahaRERA Appellate Tribunal has directed a developer to refund the outstanding payment with interest, rejecting cancellation charges. This verdict highlights the commitment to safeguarding homebuyers’ rights under the RERA Act.

Maharashtra Government Directs Builders to Not Hire Bangladeshi Workers

The Maharashtra government has instructed builders and contractors in Mumbai to not hire Bangladeshi workers and to report any such workers to the police. BJP MLA Atul Bhatkhalkar announced the directive, emphasizing compliance as a security measure. Industry stakeholders are discussing its impact on the labor force.

Developers Updating Project Details on MahaRERA Website Increases from 0.02% in Jan 2023 to 62% Now

Developers updating project details on MahaRERA have surged from 0.02% in January 2023 to 62% now, thanks to strict enforcement and compliance measures. This initiative has improved transparency and reduced complaints from homebuyers, ensuring better accountability in Maharashtra’s real estate sector.