Frequently Asked Questions

Quick answers to common enquiries

10 Questions
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What is MahaRERA and why was it created?

Regulatory

MahaRERA is the Maharashtra Real Estate Regulatory Authority established under the Real Estate (Regulation and Development) Act, 2016 to bring transparency, accountability, and dispute resolution to the real estate sector.

How do I check if a real estate project is registered with MahaRERA?

Regulatory

You can check project registration status on the official MahaRERA portal by searching with project name or registration number.

Can unregistered projects be marketed or sold in Maharashtra?

Regulatory

No. Only MahaRERA-registered projects can be legally marketed and sold, ensuring buyer protection and compliance with law.

What disclosures must developers make under MahaRERA?

Regulatory

Developers must disclose layout plans, land title status, construction schedule, and financial details on the MahaRERA website for buyer transparency.

What is the maximum advance payment a developer can demand before agreement execution?

Regulatory

MahaRERA limits advance payment to not more than 10% of the total property cost before a registered sale agreement.

What protections does RERA provide for delayed project delivery?

Regulatory

If a project is delayed, homebuyers may seek compensation or refund with interest under the provisions of MahaRERA.

What is the role of the escrow account under MahaRERA?

Regulatory

Developers must deposit not less than 70% of the project funds in a separate escrow account to prevent fund diversion.

Can real estate agents sell property without MahaRERA registration?

Regulatory

No. Agents must be registered with MahaRERA to legally facilitate property sales, protecting buyers from fraud.

How do I file a complaint with MahaRERA?

Regulatory

Complaints can be filed via the MahaRERA portal against developers or agents for non-compliance or disputes.

What is the interest rate on delayed refunds under RERA?

Regulatory

Under RERA rules, interest is payable by developers on delayed refunds to buyers at a rate specified in the State rules, typically linked to a benchmark lending rate.