RERA
The Real Estate (Regulation and Development) Act, 2016 (RERA) is a landmark legislation in India aimed at regulating the real estate sector to ensure transparency, accountability, and fairness for property buyers and investors. Enacted by the Government of India, RERA applies across the country, with individual states establishing their respective regulatory authorities and adapting certain rules within the Act’s framework.
RERA
Government of India has enacted the Real Estate (Regulation and Development) Act 2016 and all the sections of the Act shall come into force with effect from May 1, 2017.
Under this Act, Government of Maharashtra established Maharashtra Real Estate Regulatory Authority (MahaRERA), vide Notification No. 23 dated 8 March 2017, for regulation and promotion of real estate sector in the State of Maharashtra, with its headquarters at Mumbai.
Consequently, Government of Maharashtra also promulgated the following rules:
Maharashtra Real Estate (Regulation and Development)(Registration of Real Estate Projects, Registration of Real Estate Agents, Rates of Interest and Disclosures on Website) Rules, 2017
Maharashtra Real Estate Regulatory Authority, Officers and Employees (Appointment and Service Conditions) Rules, 2017
Maharashtra Real Estate (Regulation and Development) (Recovery of Interest, Penalty, Compensation, Fine payable, Forms of Complaints and Appeal, etc.) Rules, 2017
Maharashtra Real Estate Appellate Tribunal, Officers and Employees (Appointment and Service Conditions) Rules, 2017
Maharashtra Real Estate Regulatory Authority (Form of Annual Statement of Accounts and Annual Report ) Rules, 2017
MahaRERA has notified the following Regulations and Orders
The Maharashtra Real Estate Regulatory Authority (General) Regulations, 2017.
The Maharashtra Real Estate Regulatory Authority (Recruitment and Conditions of Service of Employees) Regulation, 2017.
Charges for accessing MahaRERA web-based Application for registration of project and real estate agents, extension of registration for projects and real estate agents including updating website, database management and maintenance under regulation 48 of the MahaRERA General Regulations, 2017
We at M.S. Naik & Co. abide by the regulation of RERA and assure you a service in line with the respective amendments.
Let’s Start Work
Together
Please feel free to contact us. We will get back to you with 1-2 business days. Or just call us now.
DELIVERING INNOVATION
Sustainability Goals
We are focused on building a long-term, sustainable business.