Browsing Tag

real estate regulation

44 posts
MahaRERA

MahaRERA Limits Tenure of SRO Representatives, Sets Expertise Requirement

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has capped the tenure of Self-Regulatory Organisation (SRO) representatives at two years. It also mandates that representatives assisting with housing project registrations must be experts in legal, financial, or technical domains. This move aims to enhance the efficiency and transparency of the registration process while avoiding conflicts of interest.
MahaRERA

MahaRERA Cracks Down on 11,000 Lapsed Housing Projects

MahaRERA has issued show cause notices to nearly 11,000 lapsed housing projects across Maharashtra, urging developers to submit Occupancy Certificates or seek deadline extensions within 30 days. Non-compliance could result in project suspension, restricted flat sales, and frozen bank accounts.
MahaRERA

MahaRERA Recovers ₹200.23 Crore as Compensation for Homebuyers

MahaRERA has recovered Rs 200.23 crore in compensation for homebuyers, enhancing recovery efforts with the appointment of retired Tahsildars in Mumbai suburban and Pune. The authority is working to ensure developers meet compensation orders for delayed or incomplete real estate projects.
NAREDCO

NAREDCO to Host Abu Dhabi Real Estate Conference 2024 with Ministry of Housing & Urban Affairs Support

The Abu Dhabi Real Estate Conference 2024, hosted by NAREDCO with support from the Ministry of Housing & Urban Affairs, will bring together leaders from India and the UAE to discuss innovation, sustainability, and investment opportunities in real estate, strengthening bilateral ties and promoting sustainable urban growth.
MahaRERA

MahaRERA Invites Objections to De-Registration of Macrotech and Raheja Projects Along with 17 Others

MahaRERA has issued a notice inviting objections to the de-registration of 19 real estate projects, including prominent developments by Macrotech Developers and K Raheja Corp. Stakeholders are encouraged to submit objections by 12th December 2024, ensuring transparency in the real estate sector.