What is MahaRERA? Benefits for Homebuyers & Developers
MahaRERA (Maharashtra Real Estate Regulatory Authority) is a government body formed to bring transparency, trust, and accountability in the real estate sector. Any housing or commercial project above 500 sq.m or 8 units must be registered with MahaRERA before advertising or selling.
Why MahaRERA is Important?
Before RERA, homebuyers faced delays, hidden costs, and false promises. MahaRERA now ensures that:
- Builders complete projects on time
- Money collected from buyers is used only for that project (70% kept in a separate bank account)
- All project details like layout, approvals, builder history are available online
- Buyers get legal protection and can file complaints easily if rules are broken
Benefits for Homebuyers:
- Safe and verified projects
- Timely possession and compensation for delays
- No hidden charges or false advertising
- Easy online access to project details and builder credibility
Benefits for Developers:
- Builds trust with buyers and investors
- Faster sales for MahaRERA-approved projects
- Clear legal framework and lesser disputes
Where to Find Trusted MahaRERA Projects?
Property Roots offers MahaRERA-verified properties in Mumbai, especially prime locations like Chembur & Vicinity Area. Projects such as Supreme Boulevard Chembur, Raheja Amaltis, Runwal Group Chembur project, Adani The Views are some of the top developments recommended for safe investment and premium living.
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