Good News For Homebuyers: MahaRERA Amends Registration Certificates For More Transparency
Last Updated:
The certificate will now reflect crucial project specifics, including the total built-up area, name and number of buildings and wings, total number of habitable floors and more.
In a major step towards enhancing transparency and empowering homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has decided to include comprehensive project details in the registration certificates issued to new housing projects. With this, the new certificates will offer essential project information in a simple, bullet-point format for easy reading and better understanding.
Until now, the MahaRERA registration certificate only carried basic details such as the project's and promoter's name and address in a single-line format. However, with this new decision, the certificate and its annexure will now reflect crucial project specifics, including the total built-up area, the name and number of buildings and wings, the total number of habitable floors, residential and non-residential units, construction approvals, and available parking for four-wheelers, two-wheelers, and visitors.
The decision, which comes into effect immediately, aims to make preliminary information easily accessible for potential homebuyers. In case of any amendments to the project—such as an extension of completion timelines, corrections, or a transfer of the project to another developer—the revised certificate will also reflect the updated information.
MahaRERA Chairman Shri Manoj Saunik emphasised the importance of protecting homebuyers' rights, noting that most buyers invest their lifetime savings into purchasing a home. 'To ensure this investment remains safe and secure, MahaRERA is committed to legally empowering the homebuyer. The new registration certificate is a major step forward in providing clear, verified, and detailed project information upfront," he said.
He added that these certificates will help guide buyers in making informed decisions by allowing them to verify legal, financial, and technical project details before entering any transaction. 'As part of our commitment, we have already introduced measures such as a Standardised Agreement for Sale, standardised allotment letters, and mandatory disclosure of parking slot dimensions and amenities with delivery timelines. These have set new benchmarks in real estate regulation, and many other States have adopted these practices," he explained.
Further, MahaRERA has already made it compulsory to display these certificates at the project site and on the project's website. When users search for a project on the MahaRERA website using the registration number, a link to the certificate will now appear on the first page. Advertisements must also carry a QR code that links directly to key project information for easy access.
This forward-looking move is expected to significantly benefit homebuyers by improving transparency, boosting confidence, and making real estate dealings more accountable and secure.
First Published:
June 09, 2025, 10:09 IST
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
6 hours ago
- News18
Good News For Homebuyers: MahaRERA Amends Registration Certificates For More Transparency
Last Updated: The certificate will now reflect crucial project specifics, including the total built-up area, name and number of buildings and wings, total number of habitable floors and more. In a major step towards enhancing transparency and empowering homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has decided to include comprehensive project details in the registration certificates issued to new housing projects. With this, the new certificates will offer essential project information in a simple, bullet-point format for easy reading and better understanding. Until now, the MahaRERA registration certificate only carried basic details such as the project's and promoter's name and address in a single-line format. However, with this new decision, the certificate and its annexure will now reflect crucial project specifics, including the total built-up area, the name and number of buildings and wings, the total number of habitable floors, residential and non-residential units, construction approvals, and available parking for four-wheelers, two-wheelers, and visitors. The decision, which comes into effect immediately, aims to make preliminary information easily accessible for potential homebuyers. In case of any amendments to the project—such as an extension of completion timelines, corrections, or a transfer of the project to another developer—the revised certificate will also reflect the updated information. MahaRERA Chairman Shri Manoj Saunik emphasised the importance of protecting homebuyers' rights, noting that most buyers invest their lifetime savings into purchasing a home. 'To ensure this investment remains safe and secure, MahaRERA is committed to legally empowering the homebuyer. The new registration certificate is a major step forward in providing clear, verified, and detailed project information upfront," he said. He added that these certificates will help guide buyers in making informed decisions by allowing them to verify legal, financial, and technical project details before entering any transaction. 'As part of our commitment, we have already introduced measures such as a Standardised Agreement for Sale, standardised allotment letters, and mandatory disclosure of parking slot dimensions and amenities with delivery timelines. These have set new benchmarks in real estate regulation, and many other States have adopted these practices," he explained. Further, MahaRERA has already made it compulsory to display these certificates at the project site and on the project's website. When users search for a project on the MahaRERA website using the registration number, a link to the certificate will now appear on the first page. Advertisements must also carry a QR code that links directly to key project information for easy access. This forward-looking move is expected to significantly benefit homebuyers by improving transparency, boosting confidence, and making real estate dealings more accountable and secure. First Published: June 09, 2025, 10:09 IST
Time of India
7 hours ago
- Time of India
Viksit Bharat vision: Gujarat CM Bhupendra Patel hails India's transformative journey of growth and heritage under PM Narendra Modi
In the 2014 general elections, the people of India entrusted Bharatiya Janata Party with an overwhelming mandate under the visionary leadership of Prime Minister Shri Narendra Modiji. After being sworn in as Prime Minister on May 26, 2014, he embarked on a transformative journey, placing the welfare of the people at the heart of governance and rolling out a series of inclusive, welfare-driven schemes. Over the years, these initiatives have since transformed the lives of the poor. Under his leadership, India continues to set new benchmarks in economic and social progress. On 26 May 2025, the Prime Minister marked 11 years of devoted service; a period defined by good governance and a benevolent commitment to uplifting the poor and vulnerable. As India's growth engine, Gujarat is advancing rapidly in industry, trade, infrastructure, healthcare, education, and tourism. The state stands poised to contribute meaningfully to the vision of 'Viksit Bharat@2047' envisioned by the Prime Minister. I remember, during his tenure as Chief Minister, he gave the mantra 'Desh Na Vikas Mate Gujarat No Vikas' (Gujarat's growth for the nation's growth). Today, that vision continues to strengthen Gujarat's resolve to play an even greater role in fulfilling the vision of a Viksit Bharat. Gujarat government committed to the welfare of the poor Prime Minister Shri Narendra Modiji has always prioritised the welfare of villages, the poor, and farmers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ahaus: GEERS sucht 700 Testhörer für Hörgeräte ohne Zuzahlung GEERS Undo His profound understanding of the struggles faced by the marginalised drives the formulation and implementation of the schemes that genuinely uplift people from poverty. According to a recent report, over 25 crore people have risen out of poverty during the last decade of the Modi government. Inspired by his vision, we in Gujarat have worked dedicatedly to ensure the effective implementation of central government schemes. The Gujarat government has earnestly aimed to uplift the marginalized by ensuring they receive the benefits of government schemes. True to the Prime Minister's focus, Gujarat has consistently prioritised the development of four key pillars of GYAN: Garib (poor), Yuva (youth), Annadata (farmers), and Nari Shakti (women empowerment). The Prime Minister has said that, in his vision, the nation is defined by four groups, the poor, youth, farmers, and women, and he remains committed to their empowerment. In Gujarat, over 8.98 lakh houses have been constructed under the urban component and more than 5.77 lakh under the rural component of Pradhan Mantri Awas Yojana. Under PM Garib Kalyan Anna Yojana, free food grains are being provided to 3.65 crore people. Additionally, through Pradhan Mantri Kisan Samman Nidhi Yojana, 68.68 lakh farmer families receive annual financial assistance of Rs 6,000. The Gujarat Government has built over 48,60,046 toilets, empowered 4,79,141 street vendors with loans under the PM SVANidhi Yojana, and provided more than 43 lakh free LPG connections through the Pradhan Mantri Ujjwala Yojana. Under the Pradhan Mantri Jan-Dhan Yojana, 1,92,98,001 bank accounts have been opened, while Pradhan Mantri Mudra Yojana has disbursed loans worth Rs 1,29,407 crore through 1,51,84,855 accounts. Additionally, 3.55 lakh solar rooftop panels have been installed under PM Surya Ghar: Muft Bijlee Yojana. Under Ayushman Bharat Digital Mission, over 4.80 crore people (nearly 70 per cent of the state's population) have been registered under Ayushman Bharat Health Account (ABHA), and over 10,280 Ayushman Arogya Mandirs are operational. Thus, the Gujarat government continues to uplift the living standards of its six-and-a-half crore citizens across the state. A fresh momentum to the aspirations of the youth The youth is India's greatest strength, and the nation is ready to utilise the full potential of its demographic dividend. Under the leadership of the Prime Minister, countless opportunities are being created to help young people transform their dreams into reality. Recognizing the tremendous potential of its youth, Gujarat has launched impactful initiatives across education, industry, and employment, achieving remarkable progress. Guided by the Prime Minister's vision, the state has established sector-specific universities such as Gujarat Forensic Science University (GFSU), Raksha Shakti University (RSU), and the nation's first Railway University. In 2020, the Central Government granted national importance status to these institutions, now known as the National Forensic Science University (NFSU) and Rashtriya Raksha University (RRU). Additionally, Gujarat has opened 22 new medical colleges in the past 11 years, adding 4,300 medical seats to support aspiring students. We have prioritized the development of emerging industries to increase employment opportunities for the youth. To this effect, the government launched the Gujarat State Electronics Mission to attract investments in the semiconductor sector. Due to these efforts, several leading semiconductor companies have chosen Gujarat as their destination, positioning the state as India's emerging semiconductor hub. Heralding a new era of cultural renaissance in India Since 2014, under the visionary leadership of the Prime Minister, India has embraced a remarkable cultural revival. Over the past 11 years, the government has elevated Indian culture, heritage, and traditions with the guiding ethos of 'Vikas Bhi, Virasat Bhi' (Progress Alongside Heritage). Iconic projects such as the construction of the Ram Mandir in Ayodhya, the Kashi Vishwanath Corridor in Varanasi, and the Mahakal Lok Project in Ujjain have transformed the nation's spiritual landscape. Simultaneously, timeless Indian traditions like Yog and Ayurved have earned global acclaim. In Gujarat, the government has made significant investments to develop major pilgrimage sites such as Somnath, Ambaji, Pavagadh, Madhavpur, and Dwarka, while also restoring and promoting numerous smaller religious places, thereby enriching religious tourism across the state. Viksit Bharat, Sashakt Bharat Prime Minister has articulated a vision to transform India into a Viksit Bharat by the centenary of independence in 2047. He has laid the foundation for Viksit Bharat through remarkable initiatives such as 'Make in India' and 'Aatmanirbhar Bharat.' These initiatives have propelled India swiftly towards becoming a global manufacturing hub. Today, with a GDP surpassing $4 trillion, India proudly ranks as the world's fourth-largest economy. Under the leadership of Prime Minister Shri Narendra Modiji, India has adopted a firm and uncompromising approach towards terrorism. Through 'Operation SINDOOR,' the nation has sent a clear and powerful message, India will no longer remain silent in the face of terror. Every act of aggression will be met with resolute military action, reflecting the strength, clarity, and unwavering resolve of a confident and self-reliant New India. Gujarat Progressing Along the Path Shaped by the Prime Minister The government of Gujarat is unequivocally committed to following the visionary path laid out by the Prime Minister in building a Viksit Bharat. Having personally experienced the injustice meted out to Gujarat by previous governments; Shri Narendra Modiji has not only addressed the state's rightful demands but has also showered Gujarat with several gifts. Within just 17 days of taking oath as Prime Minister, he fulfilled the decades-old dream of crores of Gujaratis by approving the installation of gates on the Sardar Sarovar Dam. The Prime Minister has bestowed Gujarat with a series of landmark projects including the country's first bullet train, GIFT City, and the International Financial Services Centre Authority (IFSCA). Gujarat is also home to the Statue of Unity, Rajkot Greenfield Airport, AIIMS-Rajkot, the Ahmedabad Metro Rail Project, Taranga Hill-Ambaji-Abu Road Railway Line Project, the Electric Locomotive Manufacturing Unit in Dahod, world's largest Hybrid Renewable Energy Park, Dholera Special Investment Region, PM MITRA Park, world's first CNG Terminal, and the Sabarmati Riverfront in Ahmedabad. (The author is the chief minister of Gujarat Bhupendra Patel)
Mint
2 days ago
- Mint
Will the ₹500 note be banned? Indian government clarifies as reports emerge over ‘demonitisation' 2026 claims
The Government of India, in its social media fact-checking handle on platform X, clarified that the claims about an upcoming alleged 'demonetisation' in March 2026 were false and that they were an attempt to spread misinformation among the masses through social media platforms. According to the official PIBFactCheck post released on Tuesday, 3 June 2025, a video went viral on social media in which a news anchor from the YouTube channel 'Capital TV' claimed that India is set to discontinue the circulation of ₹ 500 banknotes effective March 2026. 'A #YouTube video on the YT Channel 'CAPITAL TV' (capitaltvind) falsely claims that the RBI will discontinue the circulation of ₹ 500 notes by March 2026,' according to the PIBFactCheck announcement post on platform X. Calling out this social media claim, the Indian government issued an official 'Fact Check' in which they said that the nation's central bank, the Reserve Bank of India (RBI), has made no such announcements about any potential or upcoming demonetisation move. The government also assured the people of the nation that the ₹ 500 banknotes 'have not been discontinued' and continue to serve as a 'legal tender' form of the official Indian currency. The government also warned people to stay alert to 'fake news' and videos circulated on social media platforms and not to believe anything unless it comes from official sources like the RBI. 'Don't fall for such misinformation. Always verify news from official sources before believing or sharing it!' said the Indian government, warning people against similar misinformation circulating on social media platforms. In May 2025, the Reserve Bank of India (RBI) announced that it would soon release new ₹ 20 banknotes with Governor Sanjay Malhotra's signature on them. 'The Reserve Bank of India will shortly issue ₹ 20 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Sanjay Malhotra, Governor. The design of these notes is similar in all respects to ₹ 20 banknotes in Mahatma Gandhi (New) Series,' said the RBI. RBI also disclosed that the ₹ 20 notes will be similar in all other aspects, including design, to the new series of notes circulating in the nation, except for the new governor's signature.
