MahaRERA Enhances Transparency: New Registration Certificates to Include Crucial Project Details
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a new format for project registration certificates, providing homebuyers with essential information in a clear and concise manner.
MahareraReal EstateHousing ProjectsTransparencyHomebuyersReal Estate NewsJun 05, 2025
Hereon, one will get crucial information about the real estate project simply by going through the MahaRERA certificate and its annexure. This homebuyer-centric step has been taken by MahaRERA after taking into account the essential preliminary information a homebuyer needs pertaining to a housing project. The decision will be applicable with immediate effect for all new housing projects.
MahaRERA Chairman Manoj Saunik said, “To purchase a property, most people invest their lifetime savings. To ensure the investment remains safe and secure, MahaRERA has been striving towards protecting the homebuyers’ rights. With this in mind and the potential challenges that may arise in the future, MahaRERA has initiated granting registration numbers of projects only after thorough legal, financial, and technical scrutiny. Moreover, as part of legally empowering the home buyer, MahaRERA has already announced non-negotiable provisions related to Standardised Agreement for Sale as well as Allotment Letter, parking, and amenities. Through such efforts, MahaRERA aims to bring in transparency and accountability among real estate’s stakeholders.”
As part of these efforts, to further assist and guide homebuyers, MahaRERA has initiated mentioning primary and crucial project details on the registration certificates issued to new housing projects. These details include the project’s total built-up area, names of the buildings and wings, and the total number of floors up to which the construction permission has been granted. We always urge and encourage the homebuyer to understand these details carefully, verify the legal details prior to making any decision or transaction.
So far, the MahaRERA registration certificate only mentioned the project’s as well as the promoter’s name and address in a single line. Hereon, this information will be displayed in bullet points to make it reader-friendly.
For the first time, the certificate’s annexure will include comprehensive details such as the project’s total built-up area, names and number of buildings as well as wings, total number of habitable floors, total number of residential and non-residential units, Commencement Certificate (CC) showing construction permission granted up to which floor, and total number of parking spaces for four-wheelers, two-wheelers, and visitors.
During a project’s life-cycle, if the developer makes any amendments or updates related to the project, such as seeking deadline revision or entering into a joint venture or transferring the project to another company, these details will get reflected in the revised MahaRERA certificate issued for the realty project.
Needless to say, all promoters are mandated to prominently display this certificate at their respective project site as well as on the project website. When searching for information about the project on the MahaRERA website using the project registration number, a link to this certificate appears on the first page.
In addition, MahaRERA has already made it mandatory to include a QR code—containing the project’s essential preliminary information—along with the project registration number in advertisements across all media. By scanning this QR code, one can easily access the key information related to the project.
Previously, MahaRERA has taken several important decisions aimed at legally empowering homebuyers and ensuring transparency as well as accountability in the real estate sector. Some of the landmark decisions include the introduction of Standardised Agreement for Sale as well as Allotment Letter, mentioning parking slot dimensions (length, width, and height), location of the parking slot, and a list of amenities and facilities to be provided along with their delivery timelines. These decisions have significantly benefitted homebuyers. Several other regulatory authorities in India have adopted these decisions in their respective states.
The latest decision to issue a new registration certificate mentioning the project’s crucial information is yet another step in this direction, which will significantly benefit homebuyers.
Salient Features of New MahaRERA Registration Certificate:
Housing project details such as the project’s and promoter’s name, address, and registration number are now in bullet points for reader friendliness
Mention of the project’s total built-up area
Name and number of buildings and wings in the project
Total number of approved habitable floors
Number of residential and non-residential buildings/units
Commencement Certificate showing construction approvals received up to which floor
Total number of parking slots for four-wheelers, two-wheelers, and visitors
Additionally, if there are any corrections, timeline extensions, or transfer of the project to another company, those details will get reflected in the revised registration certificate issued time-to-time
Frequently Asked Questions
What is the new format of the MahaRERA registration certificate?
The new format of the MahaRERA registration certificate includes crucial project details in bullet points for better readability. It provides information such as the project’s total built-up area, names and numbers of buildings and wings, total number of floors, and parking details.
Why did MahaRERA introduce this new format?
MahaRERA introduced this new format to empower homebuyers by providing them with essential information in a clear and concise manner. This ensures that homebuyers can make informed decisions and verify legal details before making any transactions.
What additional information will be included in the certificate's annexure?
The certificate’s annexure will include comprehensive details such as the project’s total built-up area, names and numbers of buildings and wings, total number of habitable floors, total number of residential and non-residential units, Commencement Certificate (CC) showing construction approvals, and total number of parking spaces for different vehicle types.
How can homebuyers access this new information?
Homebuyers can access this new information by reviewing the MahaRERA registration certificate and its annexure. Promoters are mandated to prominently display this certificate at their project site and on the project website. Additionally, a QR code containing the project’s essential preliminary information will be included in advertisements.
What other measures has MahaRERA taken to protect homebuyers?
MahaRERA has taken several measures to protect homebuyers, including the introduction of Standardised Agreement for Sale and Allotment Letter, mentioning parking slot dimensions, and providing a list of amenities and facilities with delivery timelines. These measures aim to ensure transparency and accountability in the real estate sector.
Related News Articles
Govt set to restore indexation benefit for property, a relief to homeowners
Finance minister Nirmala Sitharaman to propose amendments to the Finance Bill 2024, offering tax relief to taxpayers and boosting the real estate industry.
Real Estate Sector Rakes in Rs 75,468 Crores from AIFs in H1 FY25
The Indian real estate sector has taken the lead as the top beneficiary of Alternative Investment Funds (AIFs) in the first half of fiscal year 2025, attracting a substantial Rs 75,468 crore.
Godrej Properties Aces Navi Mumbai Real Estate with Rs 717 Cr Land Purchase
Godrej Properties has made a significant real estate move by acquiring 6.5 acres of land in Kharghar, Navi Mumbai, from CIDCO for Rs 717 crore. The land, zoned for mixed-use development, is set to boost the company's portfolio in one of India's fastest-gr
Intapp Acquires Real Estate Software Provider TermSheet to Enhance Investment Management Solutions
Intapp, a leading provider of software solutions for professional and financial services firms, is set to acquire TermSheet, a specialized real estate software provider. This acquisition aims to enhance Intapp's investment management capabilities, particularly in the real estate sector. The merger is expected to create a more sophisticated operating system designed to streamline and optimize real estate investment processes.
Why Uncertainty is Driving Gold Prices Higher: Expert Insights
Market guru Sunil Shah explains why gold is once again becoming a safe haven in times of economic uncertainty.
MahaRERA Launches Enhanced Project Application Portal on May 5; Key Updates for Developers
The Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to roll out an enhanced Project Application Portal on May 5, 2023. This updated platform aims to streamline the process of registering housing projects and seeking approvals, providing developers with a more efficient and user-friendly experience.