No RERA registration unless a property meets this eligibility in Maharashtra, clarifies MahaRERA

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that properties must meet specific eligibility criteria to obtain RERA registration. The clarification came in response to queries about the registration process for ongoing projects. MahaRERA stated that properties must have all necessary approvals, including sanctioned plans and commencement certificates, to be eligible for registration. The authority emphasized the importance of compliance with regulatory requirements to ensure transparency and protect the interests of homebuyers. This move aims to streamline the registration process and prevent fraudulent practices in the real estate sector.