Maharashtra RERA (MahaRERA) – All You Need Know About MahaRERA Before Buying a House!

Jun 29, 2022  |  By Adani Realty

The Maharashtra Real Estate Regulatory Authority (referred to as RERA Maharashtra or MahaRERA) is a governing and regulatory authority overseeing real estate buying and selling in the state of Maharashtra. In other words, MahaRERA makes sure that real estate transactions are transparent and fair for buyers as well as real estate developers.

When did RERA Maharashtra (MahaRERA) come about?

The real estate industry has been booming in every corner of the country. The Real Estate (Regulation and Development) Act, 2016, was brought into force to provide a level playing field for real estate developers across the nation. It also has several features that provide a sense of fairness and security to buyers of both residential and commercial properties.

Most Indian states have their own RERA board to oversee the development of their real estate sector. MahaRERA is one such board that operates in the state of Maharashtra. RERA Maharashtra came about to take steps in promoting and regulating the development of realty in the state. Maharashtra is among the first Indian states to implement RERA, and its main objective is to bring about transparency in the buying and selling of plots and buildings, both residential and commercial.

It is mandatory for every residential and commercial project to be registered under MahaRERA.

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Vision and functions of RERA Maharashtra (MahaRERA)

Maha RERA has defined its vision very clearly on their website and in their charter.

RERA Maharashtra aims to:

  • Bring transparency in the sale of apartments, buildings, and plots in the state,
  • Protect the interest of real estate buyers and promote fair transactions,
  • Initiate faster settlement of disputes relating to real estate properties, and
  • Offer recommendations to the concerned government authorities in matters relevant to the promotion and development of real estate.

Additionally, MahaRERA also fulfils these functions:

  • Supervise if real estate developers or promoters are following the correct regulations
  • Ensuring that promoters register their projects under the Act
  • Publishing and maintaining the records of all real estate projects in a city
  • Enhancing the growth of the real estate sector
  • Fostering a healthy, transparent, and efficient real estate sector in Maharashtra.

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Rules and regulations of RERA Maharashtra

The Maharashtra RERA has some strict rules and regulations to prevent malpractices in the real estate business. Prospective property buyers must run a RERA registration check before deciding on their investment. The most important rules and regulations of MahaRERA are

  • It is mandatory for every commercial and residential project to be registered with MahaRERA
  • The real estate property developers should submit quarterly reports on their ongoing projects on the MahaRERA website

Services provided by RERA Maharashtra

In Maharashtra, Maha RERA registration is mandatory for every residential and commercial project. This regulatory body does not allow real estate builders to advertise, book or sell any real estate project without approval. There are some other services that Maha RERA offers:

  • Apart from being a regulatory body for real estate transactions in the state, it forwards the interest of real estate promoters
  • Forms a single-window system for RERA approval checks and clearances

For instance, if you were to check the RERA certificate for one of Adani’s projects in Mumbai, you can always download its certificate from the Adani Realty website.

 

Checking the status of RERA Maharashtra (Maha RERA)-registered projects

A buyer can check RERA registration online and avoid any chances of property fraud. You could follow these steps to check the status of Maha RERA registered projects:

 
  1. 1. Visit the website https://maharera.mahaonline.gov.in.
  2. 2. Click on ‘Registration’ on the top tab.
  3. 3. Select registered projects.
  4. 4. Enter the project's name, the promoter’s name, and click on ‘Search’.
  5. 5. The project details will appear on the search results.
  6. 6. Click on ‘View your Screen’.
  7. 7. You will get all the information about the locality, details of the project, the type of the project, and its possession date.

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Checking the details and approvals of a Project

You can also check Maha RERA project details and approval status through the RERA website.

  1. 1. Visit the project page.
  2. 2. Click on ‘View details’.
  3. 3. Scroll down to the ‘uploaded documents section’.

You can also look up the legal title report, commencement certificate, layout approval, and other pertinent details. You can find the building’s plan approval, the draft agreement of the property for sale, and other important resources.

Buyers should always check the RERA registration of a project and all other available details before booking a property.

Eligibility criteria for registering with RERA Maharashtra

As per the RERA Maharashtra Rules, a property must fulfil the following requirements for RERA registration:

  • The Act states that all real estate projects should undergo RERA registration before it is put up for selling or advertising
  • The land should be greater than five hundred square metres. Land dimensions that do not exceed five hundred square metres or the number of apartments proposed to be developed do not exceed 8 (inclusive of all phases), would not require RERA registration.

Adani Projects in Maharashtra and their RERA certification

Adani Realty has developed residential and commercial projects in Maharashtra, especially in Mumbai and Pune. Each Adani Realty project in Maharashtra is registered with RERA. You can visit the Adani Realty website and look up their individual RERA certificates.

Western Heights:

Adani Realty Maharashtra’s RERA registered project is Western Heights at Andheri West, Mumbai. The project offers ready-to-move 3 and 4 BHK apartments.

 

The project has three majestic towers and features class-leading amenities. The property features an exclusive terrace garden and ample parking space as well as a swimming pool and lounge. It is located in a prime location at J.P. Road, Andheri West. The project has modern infrastructure, excellent civic amenities, and entertainment options. Some of its other amenities include a multi-purpose hall, yoga area, gymnasium, indoor games, and a salon. The RERA registration number of this residential project is P51800001290, and it is already delivered to some of its buyers.

The Views:

 

The Views is another residential project, with its site in Ghatkopar, Mumbai. The buildings offer stunning views of mangroves and are in the midst of a bustling community. The Views is an ideal destination if you want to gift yourself a house with style, comfort, and world-class amenities. The Views is a MahaRERA registered project, and its RERA number is P519000033194.

You can get the RERA details of all the residential real estate projects from Adani Realty at https://www.adanirealty.com/certifications

RERA Maharashtra Office Addresses

MahaRERA handles the registrations of the real estate projects in the state of Maharashtra and the Union Territories of Daman and Diu, Dadar and Nagar Haveli. It is a user-friendly website that offers all information relevant to the projects. It helps property investors and homebuyers to run RERA number checks and stay informed. You can also find the addresses of the authority here:

Mumbai Head Office:

Maharashtra Real Estate Regulatory Authority,
3rd Floor, A-Wing,
Slum Rehabilitation Authority Administrative Building,
Anant Kanekar Marg,
Bandra (E),
Mumbai – 400051.
Contact NO: 022 68111600

Pune Division Office:

Maharashtra Real Estate Regulatory Authority,
109- 113, First Floor,
Sayajirao Gaikwad Udyog Bhavan,
Aundh, Pune -411 007.
Tel. No.: 020 29806545.

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