According to MahaRERA officials, it’s not as if the number of projects have gone down, but that registrations are now taking more time owing to increased scrutiny.
Mumbai's real estate market saw over 11,000 property registrations in March, generating over Rs 1,111 crore in revenue. Several big-ticket price houses were sold in this period.
In a first, a QR code was generated for a real estate project in Pune city of Maharashtra. The registration certificate reiterates the matters to be taken care of by the developer as per the provisions of the RERA Act.
New Delhi [India], March 15 (ANI/PNN): Real estate is a sector that is constantly evolving and changing. The Real Estate Regulatory Authority, commonly known as RERA, is responsible for ensuring transparency and eliminating inconsistencies within the industry. While all developers working in the real estate sector are required to comply with RERA, it is common for them to encounter confusion, issues, and queries regarding the same. Considering this need for more clarity, understanding and a sense of customer centric approach; NAREDCO Vidarbha organized RERACON on March 10, 2023. Held at Nagpur, the event was organized to help real estate professionals get their RERA-related issues resolved directly by RERA authorities. RERACON witnessed an esteemed panel of speakers, with Shri Ajoy Mehta (MahaRERA Chairman) as the Chief Guest along with few other noteworthy panellists such as: Mahesh Pathak (Member- MahaRERA) Rajan Bandhelkar (NAREDCO National President) Sanjay Bhimanwar (MahaRER