Mumbai: A home buyer from Kandivli who filed a complaint with the Maharashtra Real Estate Regulatory Authority (MahaRERA) in July 2023 is still awaiting resolution, highlighting the urgent need for systemic changes in the authority's procedures.
MahareraReal EstateHome BuyersPending CasesSystemic ChangesReal Estate MaharashtraMay 11, 2025
MahaRERA stands for Maharashtra Real Estate Regulatory Authority. It is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016 (RERA) to protect the interests of home buyers and ensure transparency and accountability in the real estate sector.
The significant number of pending cases at MahaRERA is due to a lack of resources and manpower, as well as the complex nature of real estate disputes. This has led to a slow and cumbersome process, resulting in prolonged delays and frustration for home buyers.
The key issues facing MahaRERA include a limited number of adjudicating officers, the complex nature of real estate disputes, and the lack of specialized knowledge and expertise to handle cases efficiently.
MahaRERA has initiated steps such as the introduction of an online complaint portal and the establishment of a helpdesk for home buyers. However, these are considered temporary fixes and do not address the root causes of the problem.
To improve MahaRERA's operations, a comprehensive overhaul is needed. This includes increasing the number of adjudicating officers, providing them with necessary training and resources, implementing an integrated case management system, and revising the RERA Act to empower MahaRERA with more authority to enforce regulations.
Sales of affordable homes in top Indian cities like Delhi-NCR, Mumbai, Bengaluru, and Hyderabad declined 4% due to lower supply and higher demand for luxury apartments.
Bollywood celebrities have a penchant for lavish living, and it shows in their investments in posh Mumbai properties, particularly in Bandra. This popular tourist spot is a hotbed for high-end real estate, attracting not just Bollywood stars but also affl
Large corporations are now prioritizing carbon-neutral office spaces to achieve sustainability goals, leading to a significant shift in real estate practices. Companies are engaging auditors to assess both operational and embodied carbon emissions, and de
Realtor Ravi Puravankara has purchased 12 commercial plots in Mumbai for Rs 242 crore, signaling a robust return to office spaces. India's Global Corporate Centers (GCCs) are leading the charge in commercial real estate leasings across various sectors, in
Grahm, a prominent real estate platform, is set to invest Rs 100 crore by FY26 to expand its operations and influence in the Indian residential real estate market, with a focus on key cities including Pune, Ahmedabad, Jaipur, and Lucknow.
In an era where the demand for high-quality senior living solutions is on the rise, Maharashtra Housing Corporation introduces 'The Nature' in Mukaiwadi, Pune. This luxurious and serene residential community is designed to offer a perfect blend of comfort, health, and environmental consciousness.