The Indian real estate sector has long needed transparency, accountability, and a system that protects homebuyers. That’s exactly why the Real Estate Regulatory Authority (RERA) was introduced. Created under the Real Estate (Regulation and Development) Act, 2016, RERA aims to bring clarity, trust, and discipline to real estate transactions—benefiting both buyers and developers.

In Maharashtra, the state-specific authority known as MahaRERA has become one of India’s most efficient regulatory bodies. MahaRERA ensures all real estate projects, developers, and agents are registered before they operate. This system prevents misleading promises, delays, and fraudulent sales. It also mandates developers to disclose project details like timelines, layouts, approvals, financial progress, and possession dates—making MahaRERA-compliant projects far more reliable.

One of the most important elements of the MahaRERA Act is buyer protection. Homebuyers can file complaints online, track project updates, and verify project authenticity through the official portal. Developers, on the other hand, must adhere to strict rules, including maintaining 70% of project funds in an escrow account to ensure the money is used only for that specific project.

(Source: https://mohua.gov.in)

Overall, the Real Estate Regulatory Authority has transformed the market by improving transparency and reducing disputes. If you’re planning to invest or buy a home, always check for RERA and MahaRERA registration to ensure safety and authenticity.Make smarter decisions—choose projects backed by RERA compliance and invest with confidence.