MahaRERA Reverts to MahaIT Platform to Ensure Smooth Operations During Festive Season

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has faced technical issues with its newly launched 'MahaCRITI' website, causing delays and affecting real estate stakeholders. To mitigate these disruptions, especially during the festive season

MahareraMahacritiMahaitDiwaliFestive SeasonReal EstateOct 06, 2024

MahaRERA Reverts to MahaIT Platform to Ensure Smooth Operations During Festive Season
Real Estate:The Maharashtra Real Estate Regulatory Authority (MahaRERA) has acknowledged significant technical issues with its newly launched 'MahaCRITI' website. These issues have caused delays and hindered the smooth operation of the platform, affecting homebuyers, developers, promoters, and agents. To address these challenges, the Chairman of MahaRERA, Mr. Manoj Saunik, held a review meeting with all concerned parties. It was decided to take immediate action to avoid further disruptions, especially during the festive season of Diwali and Dussehra, when real estate transactions are typically high.\n\nTo ensure that stakeholders do not face further problems, Mr. Saunik has directed that the older MahaIT website be restored. Starting from midnight on October 5th, at 11 59 PM, the MahaIT website, which was operational before August 31st, will be reactivated. MahaRERA advises all stakeholders to use the restored MahaIT website for any services they need. This rollback of the new 'MahaCRITI' website is temporary, and stakeholders are urged to cooperate and make use of the MahaIT website until further notice.\n\nThe new 'MahaCRITI' website was launched on August 31st, with the aim of enhancing the digital infrastructure for real estate transactions in Maharashtra. However, due to technical problems, MahaRERA has decided to bring back the old system to ensure smooth service for everyone. MahaRERA asks for the cooperation of all stakeholders in this transition.\n\nThe decision to revert to the MahaIT platform is a proactive step to ensure service continuity during the festive season, a crucial period for real estate transactions. Homebuyers, developers, and agents can now proceed with their activities without the fear of technical glitches or delays. MahaRERA remains committed to resolving the issues with the 'MahaCRITI' website and will provide updates on the progress of the transition.\n\n Information on MahaRERA \nMahaRERA, the Maharashtra Real Estate Regulatory Authority, is a statutory body established under the Real Estate (Regulation and Development) Act, 2016 (RERA). Its primary role is to regulate the real estate sector in Maharashtra, ensuring transparency, accountability, and fair practices. MahaRERA oversees the registration of real estate projects, the sale and purchase of properties, and the resolution of disputes between buyers and developers.

Frequently Asked Questions

Why did MahaRERA decide to revert to the MahaIT platform?

MahaRERA decided to revert to the MahaIT platform due to technical issues with the newly launched 'MahaCRITI' website that were causing delays and disruptions in services, especially during the festive season of Diwali and Dussehra.

When was the MahaIT platform reactivated?

The MahaIT platform was reactivated starting from midnight on October 5th, at 11:59 PM.

How long will the MahaIT platform be in use?

The MahaIT platform will be in use until the technical issues with the 'MahaCRITI' website are resolved, and stakeholders are advised to use it until further notice.

What is the primary role of MahaRERA?

The primary role of MahaRERA is to regulate the real estate sector in Maharashtra, ensuring transparency, accountability, and fair practices. It oversees the registration of real estate projects, the sale and purchase of properties, and the resolution of disputes between buyers and developers.

What should stakeholders do during this transition period?

Stakeholders should use the restored MahaIT website for any services they need and cooperate with MahaRERA during this transition period to ensure smooth operations.

Related News Articles

MahaRERA Makes Real Estate Developers Accountable: New Rules for Amenities and Occupancy Certificates
real estate news

MahaRERA Makes Real Estate Developers Accountable: New Rules for Amenities and Occupancy Certificates

MahaRERA has made it mandatory for real estate developers to specify the exact date of delivery of facilities and amenities, as well as the expected date of obtaining the occupation certificate (OC).

July 31, 2024
Read Article
Axis-Tishman Speyer's Real Estate Fund Acquires 1.5 Acre Land in Chennai Fintech City
real estate news

Axis-Tishman Speyer's Real Estate Fund Acquires 1.5 Acre Land in Chennai Fintech City

Axis Commercial Real Estate Fund acquires 1.5 acre land parcel in Chennai Fintech City to develop 4 lakh sq ft Grade A office building.

August 12, 2024
Read Article
Celebrating Goan Culture in Mumbai: Festa de Goa
Real Estate Mumbai

Celebrating Goan Culture in Mumbai: Festa de Goa

Get a taste of Goa in Mumbai at the Festa de Goa, a cultural festival celebrating the rich heritage of Goa. The event will feature discussions, performances, and exhibitions showcasing the best of Goan art, literature, and music.

October 2, 2024
Read Article
Luxury 900 sq yd Bungalow in Sunder Nagar, Delhi, Sells for ₹96 Crore; CBRE Facilitates High-End Deal
Real Estate Mumbai

Luxury 900 sq yd Bungalow in Sunder Nagar, Delhi, Sells for ₹96 Crore; CBRE Facilitates High-End Deal

A 900 square yard bungalow in the prestigious Sunder Nagar area of Delhi has been sold for nearly ₹96 crore. Real estate consultant CBRE facilitated the transaction, reflecting the growing demand for luxury properties in the national capital.

October 23, 2024
Read Article
Retiring in 2025? A Comprehensive Guide for Americans on Healthcare, Housing, and Income Needs
real estate news

Retiring in 2025? A Comprehensive Guide for Americans on Healthcare, Housing, and Income Needs

If you're planning to retire in 2025, comprehensive planning is essential to ensure financial security and peace of mind. According to the U.S. News, retirees face unique challenges in healthcare, housing, and income management. This guide will help you n

December 20, 2024
Read Article
Sundaram Alternates Raises Rs 1,000 Crore for Real Estate Credit Fund
Real Estate

Sundaram Alternates Raises Rs 1,000 Crore for Real Estate Credit Fund

Sundaram Alternates, a prominent alternative investment firm, has successfully raised Rs 1,000 crore in commitments for its latest real estate credit fund. This marks the fourth successful fundraiser for the company under its real estate strategy.

January 16, 2025
Read Article