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MahaRERA Maharashtra Real Estate Regulatory Authority

Posted by : Mohit Bansal on | Jul 15,2021

MahaRERA Maharashtra Real Estate Regulatory Authority

The Real Estate regulatory authority in Maharashtra is one among the foremost active in India. Here’s everything you would like to understand about checking projects and agents and filing complaints with MahaRERA.

Registration with MahaRERA

The Maharashtra Government established the Maharashtra land regulatory authority, referred to as Maha RERA, through Notification No.23 under the important Estate (Regulation and Development) Act 2016 for the promotion and regulation of the state’s land sector.

The RERA Maharashtra initiative will encourage the promotion and growth of a transparent, healthy, competitive, and efficient land sector. it’ll also work to safeguard the interests of promoters, buyers, and land agents.

MahaRERA’s Primary Goals

  • To safeguard the interests of consumers within the land sector
  • To devise a way of resolving disputes quickly.
  • To ensure the transparent and efficient sale of a building, plot, or apartment within the land sector.
  • To establish an Appellate Tribunal to listen to appeals from RERA directions, decisions, or orders.

Important Goals of the Maharashtra RERA Act

The following are the first goals of the RERA Act within the state of Maharashtra:

  • It improves the efficiency and transparency of the important estate industry.
  • There is clear information about the plot sale, project, apartment, building, and so on.
  • It establishes a mechanism for resolving disputes quickly.
  • It safeguards the interests of consumers within the land industry.
  • It establishes the concept of an Appellate Tribunal, allowing the customer to file a complaint about any misconduct.

Benefits of RERA Registration

  • RERA prevents insolvency by establishing a separate Escrow account for borrowers involved in land transactions.
  • Authenticity: RERA certification ensures that promoters and brokers are authentic to draw in more potential buyers in the future.
  • Complaints: RERA-registered promoters and brokers have the authority to file a complaint with the authority about any related matter.
  • Flexibility: RERA allows promoters to settle on the date of project completion supported by their preferences.
  • Professionalism: RERA is meant to strengthen the important estate industry while also fostering a way of professionalism. People are going to be ready to join the important estate industry as a result of the regulatory act.

How to Register for MahaRERA

  • Visit the MahaRERA website and choose ‘Registration’ from the highest menu.
  • When you click on ‘Registered Projects,’ you’ll be taken to an external website. make sure pop-ups are enabled in your browser.
  • Enter the project’s name, promoter’s name, or RERA number. the knowledge will be displayed, and you’ll be ready to review the RERA certificate and all other information provided by the builder to the Authority.

How to check registered agents on MahaRERA?

  • Visit the MahaRERA website and choose ‘Registration’ from the highest menu.
  • When you click on ‘Registered land Agents,’ you’ll be taken to an external website. Check the pop-ups are enabled in your browser.
  • Enter the agent’s name or agent license number to urge more information.

How to report unregistered projects?

  • You can also report unregistered projects to the Authority as a vigilant consumer. the subsequent may be a step-by-step guide to submitting an online request.
  • Navigate to the MahaRERA portal and choose ‘non-registration from the highest menu.
  • From the menu, select ‘Inform Non-Registration.’
  • You will be taken to a replacement page where you want to provide all of the knowledge about the complainant and therefore the unregistered project. Your complaint is going to be assigned a SI number, which can allow you to trace its progress.

How to file a complaint on MahaRERA?

For the convenience of home buyers and investors, MahaRERA has made complaint registration simple. To file a complaint against a developer/agent/promoter, follow the steps below.

  • Navigate to the MahaRERA online complaint forum and choose ‘New Registration.’
  • Choose ‘User Type’ as ‘Complainant’ and enter the required information. Log in to the system once your user registration has been approved.
  • Now, under ‘Accounts,’ select ‘My Profile.’ Fill within the blanks with the required information.
  • Choose ‘Complaint Details’ then ‘Add New Complaints’ from the menu.
  • You can now file a complaint, during which you want to include the division, license number, project, or agent name. The name of the promoter will appear automatically.
  • Include information about the complainant, like the complainant’s name, type, nature of interest within the project, and address.
  • Include information about the respondent, like name, type, and address.
  • Upload documents to copy your case and therefore the reliefs you’re seeking.
  • Pay the fees to possess your complaint registered.

Documents Required for Project Registration

  • The promoters’ names, addresses, phone numbers, and photographs (in case of individuals)
  • Registration documents are required in the case of a company or partnership firm.
  • Approved Building Plan Approved Building Layouts Ownership/Lease/Development Agreement
  • RERA Bank Account Information
  • Architects’ Form 1
  • Structural Engineer Form 2
  • Chartered Accountants Form 3
  • The promoter’s name, address, phone number, and photograph (people in management, in the case of entities)
  • Copy of the promoter’s PAN card