Browsing Tag
real estate transparency
13 posts
Now You Can Track Every Home Being Built in Maharashtra
With the launch of SHIP (State Housing Information Portal), Maharashtra will become the first Indian state to provide real-time tracking of all housing projects across the public and private sectors. Citizens can now see how many homes are being built, where, and for whom—bringing radical transparency to urban development and housing schemes.
Homebuyers Alert: MahaRERA Certificate Now Comes with Full Project Details
In a major move to protect homebuyers, MahaRERA has upgraded its registration certificates to include all crucial project details in bullet points, such as total built-up area, unit count, approved floors, and parking availability. This pro-consumer step ensures easier access to accurate project information at a glance.
MahaRERA Suspends Registration of 1,950 Real Estate Projects for Non-Compliance
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registration of 1,950 lapsed housing projects due to non-compliance with regulatory norms. Developers failed to provide updates on their projects’ status, resulting in frozen bank accounts and restricted transactions. With responses received from 5,324 projects, MahaRERA continues its crackdown on errant developers to ensure transparency and protect homebuyers’ interests in the real estate sector.