MahaRERA News | Understanding MahaRERA Exemptions | Exploring Real Estate Project Registrations
Автор: Realty Unboxing
Загружено: 2023-07-07
Просмотров: 212
Описание:
📢 MahaRERA News | Understanding MahaRERA Exemptions | realtyunboxing
🏠 Exploring Real Estate Project Registrations
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✨ Key Highlights:
✅ What is MahaRERA?
MahaRERA (Maharashtra Real Estate Regulatory Authority) is a regulatory body that ensures transparency and protects the interests of homebuyers. It mandates that all real estate projects and agents in Maharashtra register under it.
✅ Exemptions Under MahaRERA
Some projects may be exempted from mandatory registration under MahaRERA. Typically, these exemptions apply to:
Projects with a land area less than 500 square meters
Projects with fewer than 8 apartments
Non-residential projects (commercial or industrial)
✅ Why Is Registration Important?
MahaRERA registration helps to ensure that the project complies with all necessary regulations and timelines, making it safer for buyers. It also gives homebuyers the right to seek legal recourse if the project does not meet the promises made by the developers.
✅ The Registration Process
Real estate developers must provide detailed information about the project, including the project layout, the timeline for completion, and financial details. Once registered, the project is required to follow strict timelines and fulfill all the promises made to customers.
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Call us at 9136367345
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📥 For More Info
👉 Click here for the full article on MahaRERA Exemptions
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