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.

Real Estate Agent Brokerage to Be Mentioned in Sale Agreement

Maharashtra’s real estate sector has achieved a significant milestone with the introduction of a regulation requiring the documentation of real estate agent brokerage in sale agreements. This change enhances transparency and accountability, ensuring that all financial obligations related to brokerage are clearly defined. With the support of NAR-India, this initiative marks a new era for professionalism in the industry, benefiting both agents and buyers.