MahaRERA eyes 3000 projects to be registered every year in the state

Nashik | Monday | 16th July, 2018

Summary:

We need to pursue with the government on CREDAI’s platform to take positive decisions to boost the realty sector.” The event concluded on Saturday.Ever since MahaRERA came into existence on May 1 last year 16000 projects have been registered with the authority, including the ongoing projects.“At present all new projects would have to be registered with us. NASHIK: Maharashtra Real Estate Regulatory Authority (MahaRERA) said that around 3,000 real estate projects on an average would be registered with it every year.The chairperson of MahaRERA Gautam Chatterjee , who was in the city recently for the two-day summit by Credai, said that it is mandatory for developers to get registered with MahaRERA. The developers cannot launch or advertise their projects until they get registered. It needs to check history of land before the land measurement and this is the time consuming process..