New MahaRERA registration certificates will include all important particulars of housing undertaking
Jun 06, 2025 08:32 AM IST
The housing regulator mentioned that consumers and others might now get all important info just by scanning the registration certificates
MUMBAI: In one other transfer to guard homebuyers and guarantee transparency in builders’ tasks, state housing regulator MahaRERA has determined to challenge registration certificates that can include essential particulars about housing tasks.
The knowledge consists of the undertaking’s whole built-up space, the variety of wings, buildings and their names, the graduation certificates exhibiting the variety of accredited liveable flooring, the variety of residential and non-residential items and the whole variety of automobile and bike parking slots together with the developer’s identify and handle. At current, the registration certificates mentions solely the builder’s identify and undertaking handle in a single line.
In a press launch, the housing regulator mentioned that consumers and others might now get all this important info just by scanning the certificates. This determination will likely be relevant with speedy impact for all new tasks.
Throughout a undertaking’s life-cycle, if the builder makes adjustments to the undertaking, equivalent to looking for a deadline revision or coming into right into a three way partnership or transferring the undertaking to a different firm, these particulars will get mirrored within the revised MahaRERA certificates issued to him.
The press word mentioned that every one builders must show the certificates on the website in addition to on their web site. MahaRERA has already requested builders to get a QR code—containing the undertaking’s important preliminary info—together with the undertaking registration quantity in ads throughout all media.
“Most individuals make investments their lifetime financial savings in buying a property,” mentioned MahaRERA chairman Manoj Saunik. “To make sure that the funding stays safe, MahaRERA has been striving to guard homebuyers’ rights. With this in thoughts and the potential challenges that will come up sooner or later, MahaRERA has initiated granting registration numbers of tasks solely after thorough authorized, monetary and technical scrutiny. We’ve got additionally introduced non-negotiable provisions associated to the Standardised Settlement for Sale in addition to the allotment letter, parking and facilities.”
Saunik mentioned that via these efforts, MahaRERA aimed to usher in transparency and accountability amongst actual property’s stakeholders. “We all the time urge and encourage the homebuyer to know all these particulars rigorously and confirm the authorized particulars prior to creating any determination or transaction,” he added.
