MahaRERA Introduces Enhanced Registration Certificate for Real Estate Projects
In a significant move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has decided to provide crucial project details on the new registration certificate, ensuring transparency and empowering homebuyers.
Real Estate Mumbai:Mumbai, 5th June 2025: In a significant decision taken by the Maharashtra Real Estate Regulatory Authority (MahaRERA), for the first time, the new project registration certificate will provide crucial information about the real estate project.
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 the 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 the 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 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 the 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 changes has MahaRERA made to the registration certificate for real estate projects?
MahaRERA has introduced a new registration certificate that includes crucial details about the real estate project, such as the total built-up area, names and numbers of buildings, and the total number of floors approved for construction.
Why is this change important for homebuyers?
This change is important for homebuyers because it provides them with essential information about the project, helping them make informed decisions and ensuring their investments are safe and secure.
What additional information will be included in the certificate's annexure?
The annexure will now include comprehensive details such as the total built-up area, names and numbers of buildings, total number of habitable floors, total number of residential and non-residential units, and the total number of parking spaces.
How will changes or updates to the project be reflected in the certificate?
If the developer makes any changes or updates to the project, such as seeking deadline revisions or entering into a joint venture, these details will be reflected in the revised MahaRERA certificate issued for the realty project.
What other measures has MahaRERA taken to empower homebuyers?
MahaRERA has introduced several measures, including the Standardised Agreement for Sale, Allotment Letter, parking slot dimensions, and a list of amenities and facilities with delivery timelines. These measures aim to ensure transparency and accountability in the real estate sector.