MahaRERA Info
The Real Estate (Regulation and Development) Act, 2016 ("RERA") was enacted to bring transparency and accountability to India's real estate sector. In Maharashtra, it is enforced by the Maharashtra Real Estate Regulatory Authority (MahaRERA).
What is MahaRERA?
MahaRERA is the statutory body responsible for regulating the real estate sector in Maharashtra. It requires builders and developers to register eligible projects before advertising, marketing, or selling units, and mandates regular disclosure of project progress, approvals, and financials.
Why RERA Registration Matters
- Ensures the project has valid land titles and statutory approvals before it is marketed.
- Requires builders to deposit a portion of buyer funds in an escrow account, reducing the risk of fund diversion.
- Mandates timely project completion, with penalties for delays.
- Gives buyers a formal grievance redressal mechanism if a builder fails to meet obligations.
How to Verify a Project on MahaRERA
- Visit the official MahaRERA portal.
- Search for the project by its RERA registration number, project name, or promoter name.
- Review the registration certificate, approved layout plans, and quarterly progress updates.
- Cross-check the registration number displayed on the project listing against the portal.
Our Role
NashikProperty encourages builders to share their MahaRERA registration details on project listings. However, we are a listing platform, not a regulatory authority — we recommend all buyers independently verify RERA registration and project details on the official MahaRERA portal before making any financial commitment.