The Maharashtra Real Estate Regulatory Authority (MahaRERA) has unveiled five new directives designed to bolster the protection of real estate agents, landlords, and homebuyers across the state. These measures aim to enhance transparency and foster trust within the real estate sector.
By implementing these directives, MahaRERA seeks to address long-standing concerns in the industry, providing clearer guidelines and a more secure environment for all stakeholders involved.
Key Features of the Directives:
Improved transparency measures for transactions.
Enhanced protection for homebuyers against unscrupulous practices.
Support mechanisms for real estate agents and landlords to ensure fair practices.
Establishment of clearer dispute resolution processes.
Provisions for regular audits and compliance checks to ensure adherence to the regulations.
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