Maha RERA

Assistance in Real Estate Project Registration and Awareness on Promoter Responsibilities

Maha RERA

Providing a comprehensive service for MahaRERA’s “Real Estate Registration and Responsibilities” involves guiding promoters through the necessary steps to ensure compliance with the Real Estate (Regulation and Development) Act, 2016.

The scope of assistance service includes:
• Project Registration Assistance:
• Creating a user account on the MahaRERA portal
• Completing and submitting Form A online.
• Preparing and uploading mandatory documents, such as:
• Declaration in Form B.
• PAN card of the promoter.
• Legal title report in Format A.
• Details of legal and financial encumbrances.
• Sanctioned layout and building approval plans.
• Commencement Certificate or NA Order for plotted development.
• Latest CERSAI report or an undertaking if no security interest exists.
• CA Certificate on Project Cost & Fund withdrawal (Form 3).
• Facilitating online payment of registration fees.
• Monitoring application status and addressing any scrutiny comments.Maharashtra RERA
• Downloading the registration certificate upon approval.
• Guidance on Promoter Responsibilities:
• Ensuring all advertisements and marketing materials display the MahaRERA registration number and QR code.
• Providing quarterly updates on the project’s status on the MahaRERA portal.
• Forming an association, society, or co-operative society of allottees within three months from the date on which 51% of the total number of allottees have booked their apartments.
• Maintaining transparency by disclosing project details, approvals, and timelines to allottees.
• Adhering to the agreed-upon timelines for project completion and possession.
• Managing project finances responsibly, ensuring that 70% of the funds received from allottees are deposited in a separate bank account and utilized only for that project.
• Addressing complaints and grievances promptly through the MahaRERA portal.
By encompassing these services, promoters can navigate the regulatory landscape effectively, ensuring compliance with MahaRERA guidelines and fostering trust with all stakeholders.