The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cancelled the registrations of 18,693 real estate agents for failing to meet mandatory requirements, including certification and license renewals.
MahareraReal Estate AgentsComplianceRegistrationDeregistrationReal Estate MaharashtraMay 19, 2025
MahaRERA stands for Maharashtra Real Estate Regulatory Authority. It is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to regulate the real estate sector in Maharashtra and protect the interests of homebuyers.
The registrations were cancelled due to non-compliance with mandatory requirements, including the failure to obtain the required certification or to renew their licenses on time.
Currently, 31,980 agents hold active registrations with MahaRERA out of the total 50,673 agents registered.
The Konkan area, which includes the Mumbai Metropolitan Region, has the highest number of registered agents at 21,050.
Agents must be well-versed in the Model Sale Agreement, Allotment Letter, Carpet Area, and Defect Liability Period, among other regulatory elements, to ensure transparency and consistency in property transactions.
Real Estate - Pune registers 13,371 properties in November 2024, generating INR 475 cr in stamp duty revenue.
Emerging PropTech startup, NearEstate.in, based in Hyderabad's T-Hub, has revolutionized the real estate industry by offering over 1,500 virtual 360-degree property tours, providing a seamless and immersive experience for homebuyers and investors.
Experts believe that the growth of the private capital market in India, including venture capital, private equity, and private debt, will be driven by new age businesses and a vibrant startup ecosystem.
The Punjab National Bank (PNB) has officially launched the Home Loan Expo 2025, offering homebuyers and real estate investors a range of exclusive financing solutions to make their dream homes a reality. The event is designed to provide comprehensive guid
Pattaya, Thailand's vibrant coastal city, is rapidly becoming a preferred destination for Indian real estate investors. Discover the reasons behind this growing trend and the benefits it offers.
In a bold and strategic move, the CEO of Althera, a prominent pharmaceutical firm, has recently acquired three luxurious apartments in South Mumbai for over ₹72 crore. This significant real estate investment underscores the growing interest in premium pro