MahaRERA Enhances Transparency: New Detailed Project Registration Certificate for Homebuyers
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a more detailed project registration certificate, providing homebuyers with comprehensive information to make informed decisions.
Real EstateMahareraProject RegistrationTransparencyHomebuyersReal Estate MaharashtraJun 10, 2025
The new certificate will include key project details such as the total built-up area, the names and numbers of buildings and wings, the total number of approved habitable floors, residential and non-residential units, approved floors for construction, and the number of parking slots available for four-wheelers, two-wheelers, and visitors. This comprehensive information will help homebuyers understand the project's scope and amenities more clearly.
According to MahaRERA, homebuyers will now be able to access this crucial information directly through the registration certificate and its annexure, eliminating the need to sift through multiple documents on the portal. This move is designed to empower homebuyers and ensure they have all the necessary details at their disposal.
The decision to introduce the new certificate was taken by MahaRERA after considering the essential preliminary information a homebuyer needs when evaluating a housing project. The new rule will be applicable immediately for all newly registered housing projects. For projects already registered, MahaRERA will issue a new registration certificate that includes all the crucial information, significantly benefiting homebuyers.
The annexure to the new registration certificate will also include details from the Commencement Certificate (CC), such as the approved construction height (floor-wise) and the total number of parking spaces. Additionally, if a developer makes any changes during the project lifecycle, such as revising deadlines, entering into a joint venture, or transferring the project to another company, these updates will be reflected in a revised MahaRERA certificate issued for the project.
MahaRERA has also mandated that all advertisements across media platforms must display a QR code containing key preliminary project information along with the project registration number. Scanning this QR code will allow homebuyers to quickly access essential project details, ensuring they have the most up-to-date information at their fingertips.
According to MahaRERA chairman Manoj Saunik, most people invest their life savings to purchase a home. To ensure this investment is safe and secure, MahaRERA has been committed to protecting homebuyers’ rights. With this objective and to address potential future challenges, the authority has started issuing project registration numbers only after conducting thorough legal, financial, and technical scrutiny.
“We have initiated including key project details on registration certificates issued for new housing projects,” said chairman Manoj Saunik. “These details cover the project’s total built-up area, names of the buildings and wings, and the total number of floors approved for construction. We consistently urge homebuyers to review these details carefully and verify all legal aspects before making any decision or transaction.”
Real estate developers have welcomed MahaRERA’s move to include additional details in the project registration certificate. Aksha Kamboj, executive chairperson of Aspect Global, stated, “We welcome this step by MahaRERA to simplify the flow of information to homebuyers. This mechanism ensures that key details are shared in a concise and, in many cases, near real-time manner.”
Pune-based developer Rahul Ajmera of Vasupujya Corporation added, “Any move that empowers homebuyers is a welcome step. It also makes it easier for real estate developers to share relevant information. At the same time, MahaRERA could further simplify its website in the coming months to improve the flow of information to homebuyers.”
This initiative by MahaRERA is expected to bring greater transparency and trust to the real estate market, ultimately benefiting both homebuyers and developers.
Frequently Asked Questions
What is the new project registration certificate by MahaRERA?
The new project registration certificate by MahaRERA is a more detailed document that includes comprehensive information about a real estate project, such as the total built-up area, names and numbers of buildings and wings, total number of approved habitable floors, and parking slots available.
When will the new certificate come into effect?
The new certificate will come into effect immediately and will apply to all newly registered housing projects. For already registered projects, MahaRERA will issue a new registration certificate with all the crucial information.
What are the key details included in the new certificate?
The key details included in the new certificate are the total built-up area, names and numbers of buildings and wings, total number of approved habitable floors, residential and non-residential units, approved floors for construction, and the number of parking slots available for four-wheelers, two-wheelers, and visitors.
How will the new certificate benefit homebuyers?
The new certificate will benefit homebuyers by providing them with all the essential information about a project upfront, simplifying the decision-making process and ensuring greater transparency. Homebuyers will have access to crucial details directly through the certificate and its annexure.
What is MahaRERA's mandate regarding advertisements?
MahaRERA has mandated that all advertisements across media platforms must display a QR code containing key preliminary project information along with the project registration number. Scanning this QR code will allow homebuyers to quickly access essential project details.
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