The Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, has been a game-changer for property buyers in Maharashtra. Here's everything you need to know.
What is MahaRERA? MahaRERA is the Maharashtra state authority that regulates real estate transactions. Every commercial and residential project above 500 sq.m. must be registered. The registration number must be displayed in all advertisements.
Your Rights Under RERA: 1. Builders must deliver possession on the promised date or pay monthly interest 2. You cannot be charged for more than 10% of the apartment cost before registration of sale agreement 3. Structural defects reported within 5 years of possession must be fixed by the builder at no cost 4. Carpet area must be clearly stated — no more super built-up area confusion
How to Verify a Project: Visit maharera.mahaonline.gov.in, enter the project name or RERA number, and you'll find complete details including approvals, timeline, and complaint history.
At CitySales Realty (MahaRERA: A031262501219), we only deal in verified properties. Our legal team conducts independent title searches, encumbrance checks, and OC verification for every listing.
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