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Maharashtra RERA Freezes Bank Accounts of Non-Compliant Developers

Real Estate Mumbai

Maharashtra RERA Freezes Bank Accounts of Non-Compliant Developers

Maharashtra Real Estate Regulatory Authority (MahaRERA) takes strict action against non-compliant developers by freezing their bank accounts. This move is aimed at ensuring transparency and accountability in the real estate sector.

January 13, 2025
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Maharashtra RERA Imposes Penalty on Spenta Enclave for Delay, Orders Interest Payment to Homebuyers

Real Estate Maharashtra

Maharashtra RERA Imposes Penalty on Spenta Enclave for Delay, Orders Interest Payment to Homebuyers

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled in favor of two homebuyers, ordering Spenta Enclave to pay interest for the delayed delivery of flats. The bench, comprising Manoj Saunik, found the developer liable for the delay and d

November 29, 2024
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Real Estate and Offshore Betting Top the Charts in Advertising Complaints

Real Estate

Real Estate and Offshore Betting Top the Charts in Advertising Complaints

A recent report has revealed that the real estate and offshore betting sectors have received the highest number of advertising complaints. A total of 2115 real estate ads were reviewed, with 1027 processed for potential violations of the Maharashtra RERA

November 28, 2024
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Maharashtra RERA Orders PHADB to Fix Structural Defects in Pune Housing Project

Real Estate Maharashtra

Maharashtra RERA Orders PHADB to Fix Structural Defects in Pune Housing Project

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed the Pune Housing and Area Development Board (PHADB) to rectify structural defects in a housing project within 30 days. The homebuyer had raised multiple issues, including water seepa

November 25, 2024
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Maharashtra RERA Introduces Mandatory Disclosure of Broker Fees

Real Estate Maharashtra

Maharashtra RERA Introduces Mandatory Disclosure of Broker Fees

The Maharashtra Real Estate Regulatory Authority (RERA) has introduced a significant regulation mandating the disclosure of broker fees in real estate transactions to bring more transparency and protect the interests of homebuyers.

October 30, 2024
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Maharashtra RERA Issues Warning to Homebuyers Over 314 Housing Projects

Real Estate Mumbai

Maharashtra RERA Issues Warning to Homebuyers Over 314 Housing Projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recently issued a warning to homebuyers, cautioning them against 314 housing projects due to various irregularities and non-compliance issues. Of the 88 projects in suburban localities of Mum

October 11, 2024
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