MahaREAT – Project Without Completion Certificate Treated As Ongoing, Requires RERA Registration

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled that a project lacking a completion certificate will be treated as ongoing and therefore requires RERA registration. This order clarifies the applicability of RERA regulations to projects that have been launched but have not obtained the necessary completion certificate, which signifies that the project is ready for occupancy. By treating such projects as ongoing, MahaRERA ensures that the interests of homebuyers are protected under the RERA Act, which mandates transparency and accountability from developers. This ruling prevents developers from circumventing RERA regulations by delaying the completion certificate and emphasizes the importance of registration for all projects that are still under development or lack necessary certifications.