Pune Realtors Offer a Lifeline to Suspended Agents with MahaRERA Compliance Training

Pune Realtors Association extends support to suspended agents with training initiative to comply with MahaRERA regulations

MahareraRera TrainingReal Estate AgentsPune Realtors AssociationPropReal Estate MaharashtraMay 26, 2024

Pune Realtors Offer a Lifeline to Suspended Agents with MahaRERA Compliance Training
Real Estate Maharashtra:In a swift response to the recent decision by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to suspend the licenses of 20,000 agents, the Professional Realtors of Pune (PROP) has taken a proactive step to assist these affected agents. PROP has convened an urgent meeting of their Governing Body, resulting in an initiative to provide necessary training and examinations to these agents, enabling them to qualify for reinstatement under MahaRERA regulations.

As an affiliate of the National Association of Realtors-India (NAR-India), a recognized institute for imparting RERA training, PROP is well-positioned to provide support to the impacted agents. Darshan Chawla, President of PROP, emphasized the gravity of the situation, stating, This is a matter of livelihood for many agents, and we urge all affected individuals to avail themselves of the training facilitated by NAR India.

Kirti Bhosale, Secretary of PROP, echoed this sentiment, affirming the association's readiness to assist agents in addressing any deficiencies and aligning with MahaRERA guidelines. Agents seeking assistance and enrollment in the training program can reach out to the PROP helpline at 82620 81379.

The recent decision by MahaRERA to suspend the licenses of 20,000 agents has sent shockwaves through the real estate industry in Pune. This move has left many agents struggling to comply with the regulator's guidelines, putting their livelihoods at risk.

Professional Realtors of Pune (PROP) is a leading real estate association in Pune, affiliated with the National Association of Realtors-India (NAR-India). PROP is committed to promoting the interests of real estate agents and brokers, ensuring compliance with regulatory guidelines, and upholding the highest standards of professionalism in the industry.

Frequently Asked Questions

What is the recent decision taken by MahaRERA?

MahaRERA has suspended the licenses of 20 000 real estate agents

What is the initiative taken by PROP?

PROP has launched a training program to assist suspended agents in complying with MahaRERA regulations and reinstating their licenses

Who is eligible for the training program?

All affected agents whose licenses have been suspended by MahaRERA are eligible for the training program

How can agents enroll in the training program?

Agents can reach out to the PROP helpline at 82620 81379 to enroll in the training program

What is the purpose of the training program?

The training program aims to equip agents with the necessary knowledge and skills to comply with MahaRERA regulations and reinstate their licenses

Related News Articles

Indian Metropolises Lead the Way in Global Real Estate Boom
Real Estate Maharashtra

Indian Metropolises Lead the Way in Global Real Estate Boom

Mumbai and New Delhi have emerged as top performers in the global real estate market, with property prices surging by double digits in the first quarter of 2024.

June 13, 2024
Read Article
Bengaluru's Phase 3 Metro Line: A Game-Changer for South Bengaluru's Real Estate Market?
real estate news

Bengaluru's Phase 3 Metro Line: A Game-Changer for South Bengaluru's Real Estate Market?

The upcoming Phase 3 metro line in Bengaluru is expected to boost real estate prices in the southern parts of the city by at least 10-20 percent. Here's what you need to know.

September 5, 2024
Read Article
PMSs and AIFs: Absolute Return Focused Managers for Diversified Portfolio Growth
Real Estate

PMSs and AIFs: Absolute Return Focused Managers for Diversified Portfolio Growth

Investing in Category II real estate funds can help you diversify your portfolio and gain exposure across different cities and sectors. Here’s how PMSs and AIFs can be beneficial.

November 19, 2024
Read Article
Michelin Welcomes Vitor Silva as President for Africa, India, and Middle East
Real Estate Pune

Michelin Welcomes Vitor Silva as President for Africa, India, and Middle East

The leading tire manufacturer, Michelin, has announced the appointment of Vitor Silva as the new President for their Africa, India, and Middle East regions. This strategic move aims to further strengthen Michelin's market presence and drive sustainable gr

January 13, 2025
Read Article
Delhi-NCR Witnessed a 30% Leap in Housing Prices in 2024: Anarock Report
Real Estate

Delhi-NCR Witnessed a 30% Leap in Housing Prices in 2024: Anarock Report

Despite a higher supply and a slight decline in sales, housing prices in Delhi-NCR surged by 30% in 2024, the highest among the top seven cities.

January 19, 2025
Read Article
Congress Leader Jairam Ramesh Criticizes Goa CM's Focus on Converting Forest Lands for Real Estate
Real Estate

Congress Leader Jairam Ramesh Criticizes Goa CM's Focus on Converting Forest Lands for Real Estate

Congress leader Jairam Ramesh has praised the Supreme Court's directive to halt the conversion of forest lands in Goa, while criticizing the state government's single-minded focus on freeing up these lands for real estate purposes.

March 19, 2025
Read Article