According to MahaRERA data, a total of 3,217 agents have cleared the exam so far. Agents, however, feel that the time frame to complete certification for all agents is short.
This information is required to be updated as per the Real Estate (Regulation & Development) Act, 2016. The regulation states that realty developers must register their projects with MahaRERA and update the information related to the same on a quarterly basis.
Maharashtra RERA: This enactment will resolve disputes arising from quality issues. More than an impediment, it will ensure seamless delivery of housing," said Ajoy Mehta, chairman, MahaRERA.
MahaRera: Sources at the Rera office in Nagpur said there have been no complaints so far. In case of a lapse, a builder can be charged a penalty ranging up to 5% of the project cost.
MahaRERA: In January, the authority had made it mandatory for all agents to get certified by September 1. It had directed agents to take a course followed by a test to get the certificate.