MahaRERA Cracks Down: 18,693 Real Estate Agents Deregistered in Maharashtra
MahaRERA has deregistered 18,693 non-compliant real estate agents across Maharashtra, emphasizing the importance of certification and license renewals.
Real EstateMahareraDeregistrationComplianceCertificationReal Estate PuneMay 19, 2025
According to the latest data available on MahaRERA’s official website, out of the 50,673 agents registered with the authority, only 31,980 currently hold active registrations. The remaining agents have been deregistered due to various compliance lapses, primarily the failure to obtain the required certification or to renew their licenses on time. This crackdown is part of MahaRERA's ongoing efforts to regulate the real estate sector and ensure that all agents adhere to the standards set by the Real Estate (Regulation and Development) Act, 2016.
MahaRERA's jurisdiction extends beyond just Maharashtra, as it oversees the registration of approximately 50,000 real estate projects and maintains a wide network of agents from over 150 cities across India. These cities include major urban centers such as New Delhi, Gurgaon, Hyderabad, Bengaluru, and Ahmedabad, among others. The participation of agents from outside the state highlights their crucial role in facilitating transactions between developers and homebuyers.
Maharashtra leads the country in both the number of registered real estate projects and the number of registered agents. Region-wise, the Konkan area, which includes the Mumbai Metropolitan Region, has the highest number of registered agents at 21,050. Pune follows with 8,205 agents, while Nagpur, North Maharashtra, Sambhajinagar, and Amravati collectively account for over 2,500 more. This distribution reflects the high demand for real estate services in these regions and the need for a robust regulatory framework to manage them.
Recognizing the significant influence agents have on homebuyer decisions, MahaRERA mandates that they be well-versed in key aspects of the Real Estate (Regulation and Development) Act, 2016. Agents are expected to educate potential buyers about important regulatory elements such as the Model Sale Agreement, Allotment Letter, Carpet Area, and Defect Liability Period. This ensures transparency and consistency in property transactions, thereby building trust between buyers and sellers.
To uphold industry standards and safeguard buyer interests, MahaRERA has made training and certification mandatory for all agents. This move underpins the recent crackdown on non-compliant individuals in the sector. The authority is committed to ensuring that only qualified and ethical agents operate in the market, thereby enhancing the overall reputation of the real estate industry in Maharashtra.
The deregistration of these agents is a clear message to the industry that non-compliance will not be tolerated. It is expected that this action will lead to a more professional and regulated real estate market, ultimately benefiting both developers and homebuyers. MahaRERA continues to play a crucial role in shaping the future of the real estate sector in Maharashtra, ensuring that it remains a fair and transparent market for all stakeholders.
Frequently Asked Questions
What is MahaRERA?
MahaRERA stands for the Maharashtra Real Estate Regulatory Authority. It is a regulatory body established to oversee and regulate the real estate sector in Maharashtra, ensuring transparency and protecting the interests of homebuyers and developers.
Why were 18,693 real estate agents deregistered?
The 18,693 real estate agents were deregistered because they failed to comply with mandatory requirements, including obtaining the required certification and renewing their licenses on time.
What regions in Maharashtra have the highest number of registered real estate agents?
The Konkan area, which includes the Mumbai Metropolitan Region, has the highest number of registered agents at 21,050, followed by Pune with 8,205 agents.
What is the Real Estate (Regulation and Development) Act, 2016?
The Real Estate (Regulation and Development) Act, 2016, is a law enacted to regulate the real estate sector in India. It aims to protect the interests of homebuyers and promote transparency, accountability, and efficiency in the real estate market.
What are the mandatory requirements for real estate agents under MahaRERA?
MahaRERA mandates that real estate agents obtain the required certification, renew their licenses on time, and educate potential buyers about important regulatory elements such as the Model Sale Agreement, Allotment Letter, Carpet Area, and Defect Liability Period.
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