Agents from over 150 cities outside Maharashtra — including New Delhi, Gurgaon, Hyderabad, Bengaluru, Ahmedabad, Goa, Patna, Prayagraj, and Jammu — have also registered with MahaRERA, underlining Maharashtra’s position as a hub for property transactions.

 MahaRERA Agent Registration Overview

Maharashtra is the only state in India with such a wide registration base under RERA, reflecting growing transparency and accountability in the sector.

 Area-Wise Agent Registrations in Maharashtra

 Konkan Area (Total: 21,050 Agents)

 Pune Area (Total: 8,205 Agents)

 Nagpur Area (Total: 1,504 Agents)

 North Maharashtra Area (Total: 490 Agents)

 Sambhajinagar Area (Total: 343 Agents)

 Amravati Area (Total: 237 Agents)

 Why Agents Matter in Real Estate

Real estate agents — also referred to as property consultants — are critical in facilitating property sales, especially as a buyer’s first point of contact. Recognizing their role, MahaRERA has mandated training and certification for agents on essential aspects like:

• Model Sale Agreement
• Allotment Letter
• Carpet Area
• Defect Liability Period
• Transparent Pricing Mechanisms

This ensures uniformity and clarity in property transactions, helping buyers make informed decisions.

 Why 18,693 Agents Were De-Registered

The de-registrations were primarily due to:

• Failure to renew registration
• Not completing the mandatory MahaRERA certification

MahaRERA has made certification compulsory to ensure agents are aware of and compliant with the Real Estate (Regulation and Development) Act, 2016.

 Conclusion

With over 50,000 agents registered, Maharashtra reinforces its leadership in India’s real estate regulatory ecosystem. The Mumbai Metropolitan Region remains the epicenter, with more than 11,800 agents from Mumbai City and Suburbs alone. As the market grows more structured, the emphasis on agent training and accountability will be pivotal in protecting buyer interests and ensuring smoother transactions

Also Read: How Many Real Estate Projects Has MahaRERA Suspended In Your District?

The post Maharashtra Leads India with 50K+ Real Estate Agents; Mumbai & Suburbs Contribute 11,822 appeared first on Square Feat India.

With a remarkable passing percentage of 89%, a total of 6,755 candidates out of 7,624 successfully cleared the examination. This includes 5,637 male candidates and 1,118 female candidates. Additionally, 264 senior citizens (above 60 years) passed the exam, including 13 women. The eldest candidate to clear the test was 84-year-old Mr. Daulatsinh Gadhvi from Mumbai.

The top performer of this round was Mr. Praveen Kamble from Pune, who secured an impressive 98% score, earning him the first rank.

Record-Breaking Achievement

This round witnessed the highest number of candidates passing the examination compared to the previous rounds. The pass percentages for earlier examinations were:

• 1st: 96%
• 2nd: 93%
• 3rd: 89%
• 4th: 86%
• 5th: 87%

In all six rounds combined, a total of 20,125 candidates have now been certified as real estate agents. The breakdown of certified agents across all rounds is as follows:

• 1st round: 405
• 2nd round: 2,812
• 3rd round: 4,461
• 4th round: 1,527
• 5th round: 4,165
• 6th round: 6,755

Mandatory Certification for Real Estate Agents

As per MahaRERA’s circular issued on January 10, 2023, it is mandatory for property consultants and real estate agents to undergo training and obtain certification to register or renew their licenses.

Real estate agents play a critical role in the industry, acting as intermediaries between homebuyers and developers. They are often the first point of contact for flat purchasers and provide vital preliminary information about housing projects. Their responsibilities include informing buyers about key aspects such as model agreements for sale, defect liability periods, carpet areas, parking rules, and project amenities, in line with the Real Estate (Regulation and Development) Act, 2016 (RERA).

By ensuring that agents are well-versed in the provisions of the RERA Act, MahaRERA aims to empower them to guide homebuyers effectively, thereby fostering greater transparency and uniformity in the real estate sector.

This initiative underscores MahaRERA’s commitment to ensuring that agents uphold the rights and interests of homebuyers while promoting compliance with the RERA Act, 2016

Also Read: maharera blacklisted projects

The post 6,755 Clear MahaRERA Exam: 84-Year-Old Mumbai Man Among Top Achievers appeared first on Square Feat India.