MahaRERA Cracks Down: Cancels 18,693 Real Estate Agent Registrations for Non-Compliance

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 Cracks Down: Cancels 18,693 Real Estate Agent Registrations for Non-Compliance
Real Estate Maharashtra:The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken a strong stance against non-compliance, cancelling the registrations of 18,693 real estate agents. This move comes as part of a broader effort to ensure transparency and accountability in the real estate sector.

According to data on the authority’s official website, out of 50,673 agents registered with MahaRERA, 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.

MahaRERA, which is also overseeing the registration of approximately 50,000 real estate projects, maintains a wide network of agents not just within Maharashtra, but from over 150 cities across India. These 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 vital role in facilitating transactions between developers and homebuyers.

Maharashtra leads the country not only in the number of registered real estate projects but also in the number of registered agents. Region-wise, the Konkan area—home to 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.

Recognizing the significant influence agents have on homebuyer decisions, MahaRERA mandates them to 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.

To uphold industry standards and safeguard buyer interests, MahaRERA has made training and certification mandatory for all agents—a move that underpins the recent crackdown on non-compliant individuals in the sector. The authority’s efforts are aimed at boosting consumer confidence and ensuring a fair and transparent real estate market in Maharashtra.

Frequently Asked Questions

What is MahaRERA?

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.

Why were the registrations of 18,693 real estate agents cancelled?

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.

How many real estate agents are currently registered with MahaRERA?

Currently, 31,980 agents hold active registrations with MahaRERA out of the total 50,673 agents registered.

Which region in Maharashtra has 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.

What are the key aspects of the Real Estate (Regulation and Development) Act, 2016 that agents must be familiar with?

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.

Related News Articles

UP Government Seeks Report on Cancelled Commercial Plot Allotments in Noida
Real Estate

UP Government Seeks Report on Cancelled Commercial Plot Allotments in Noida

The Uttar Pradesh government has sought a report from the Noida authority about two commercial plot allotments that were cancelled due to procedural violations.

May 27, 2024
Read Article
The Wealthy Legacy of Tammy Baldwin: Inheritance, Real Estate, and More
Real Estate

The Wealthy Legacy of Tammy Baldwin: Inheritance, Real Estate, and More

Tammy Baldwin's net worth of $13 million is largely due to her inheritance of $7 million from her parents' estate, which originated from her grandfather's biochemistry patents.

July 8, 2024
Read Article
Unraveling RBI's Decision: Why the Repo Rate Remained at 6.5%
Real Estate

Unraveling RBI's Decision: Why the Repo Rate Remained at 6.5%

Given the critical role of real estate, which contributes up to 7% of India's GDP, maintaining rate stability can also ensure development in related sectors...

December 7, 2024
Read Article
Varun Dhawan, Natasha Dalal Acquire Luxury Juhu Apartment for Rs 44.52 Crore
Real Estate

Varun Dhawan, Natasha Dalal Acquire Luxury Juhu Apartment for Rs 44.52 Crore

Bollywood actor Varun Dhawan and his fashion designer wife Natasha Dalal have recently made a significant real estate purchase in Mumbai’s prestigious Juhu neighborhood, buying a luxurious apartment for Rs 44.52 crore.

January 7, 2025
Read Article
Goa's High Court Directs Tribunal to Accept Jailed Developer’s Plea
real estate news

Goa's High Court Directs Tribunal to Accept Jailed Developer’s Plea

In a significant development, the Goa High Court has directed the Tribunal to accept the plea of a real estate developer currently lodged in Colvale Central Jail, with the deadline set for January 17. This decision has far-reaching implications for the re

January 16, 2025
Read Article
Luxury Real Estate Market Surges While Mid-Income Housing Struggles
Real Estate Mumbai

Luxury Real Estate Market Surges While Mid-Income Housing Struggles

Mumbai and Delhi have witnessed a significant surge in luxury property transactions valued at ₹100 crore and above. However, the mid-income housing market continues to face challenges as the real estate landscape evolves.

March 9, 2025
Read Article