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RERA

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Ensure seamless MahaRERA project registration and ongoing compliance with Property Resolve in Pune. Expert legal assistance for developers, promoting transparency and avoiding penalties under RERA Act.

Navigating MahaRERA: Your Partner for Project Registration & Compliance

The Real Estate (Regulation and Development) Act, 2016 (RERA), and specifically MahaRERA in Maharashtra, has transformed the real estate landscape, bringing in much-needed transparency, accountability, and efficiency. For every developer and real estate promoter in Pune and across Maharashtra, complying with MahaRERA regulations is not just a legal obligation but a cornerstone for building trust and ensuring project success.

At Property Resolve, we provide comprehensive legal services for MahaRERA project registration and ongoing compliance. We understand the intricate details of the Act and its rules, offering expert guidance to ensure your projects are fully compliant from conception to completion, mitigating risks and fostering buyer confidence.

The Imperative of MahaRERA Compliance

Adhering to MahaRERA guidelines is non-negotiable for real estate projects in Maharashtra. Non-compliance can lead to severe consequences, including

01

Heavy Penalties

Significant financial penalties for non-registration, false advertising, or delays.

02

Project Stalling/Deregistration

Authorities can halt construction, freeze bank accounts, or even deregister projects.

03

Reputational Damage

Loss of trust among homebuyers, impacting future sales and brand image.

04

Legal Disputes

Increased risk of buyer complaints and legal action before the RERA Authority.

05

Inability to Advertise/Sell

Unregistered projects cannot be advertised, marketed, or sold.

Our Comprehensive MahaRERA Solutions

We offer end-to-end legal support for developers and real estate promoters in Pune for all MahaRERA related matters:

  1. MahaRERA Project Registration

“We ensure a smooth and accurate registration process for your new or ongoing projects, handling all documentation and procedural requirements:

  • Eligibility Assessment: Determining if your project requires MahaRERA registration (e.g., land area exceeding 500 sq. meters, more than 8 apartments).
  • Document Compilation: Assisting with gathering and preparing all mandatory documents
  • Application Drafting & Submission: Meticulous preparation and online submission of Form A and Form B declaration.
  • Bank Account Guidance: Ensuring compliance with the 70% escrow account rule.
  • Drafting of Agreements: Review and drafting of Agreement for Sale and Allotment Letter as per MahaRERA norms.
  • Liaison & Follow-up: Proactive communication with MahaRERA authorities to track application status and address queries.
  1. Ongoing MahaRERA Compliance & Reporting

“Registration is just the first step. We help you maintain continuous compliance throughout the project lifecycle:

  • Quarterly Updates (QPRs): Preparation and timely submission of mandatory Quarterly Progress Reports (Form 4), detailing construction progress, sales status, fund utilization, and updated project timelines.
  • Annual Audit Reports: Guidance and coordination for the submission of annual financial audit reports (Form 5) by a Chartered Accountant, ensuring transparency of project finances.
  • Website Updates: Ensuring that information displayed on the MahaRERA website for your project is consistently updated and accurate as per Section 11 of the Act.
  • Amendment Management: Assisting with obtaining approvals for any proposed changes or modifications to the project plan, layout, or specifications.
  • Withdrawal Certifications: Ensuring compliance with withdrawal rules from the RERA project account, requiring certifications from Architect, Engineer, and Chartered Accountant.
  • Promoter/Agent Compliance: Advising on the ongoing obligations for promoters and real estate agents registered under MahaRERA.
  • Advisory & Risk Mitigation: Providing ongoing legal advice on RERA-related matters to proactively identify and mitigate potential compliance risks.

Your Advantage in RERA Compliance

Partnering with us means gaining a dedicated legal team well-versed in MahaRERA regulations

  • Specialized RERA Expertise

    In-depth knowledge of the RERA Act, Maharashtra RERA Rules, and all circulars and notifications.

  • Proactive Approach

    We anticipate compliance requirements and potential issues, ensuring you stay ahead of regulations.

  • Efficiency & Accuracy

    Meticulous attention to detail in documentation and timely submissions to avoid delays and penalties.

  • Risk Mitigation

    We help you navigate complex provisions, minimizing your legal exposure and ensuring adherence to the Act.

  • Simplified Process

    We translate complex legal jargon into clear, actionable steps, making compliance easier for your team.

  • Strategic Advisory

    Beyond compliance, we offer strategic insights to help you leverage RERA's benefits for your project's reputation and buyer confidence.

  • Local Pune Presence

    Our understanding of the local real estate market and regulatory environment in Pune gives you an added advantage.

Ensure Your Project's Success with Seamless RERA Compliance.

Don’t let RERA complexities hinder your project’s progress. Secure your project’s legal standing and enhance buyer trust with our expert MahaRERA registration and compliance services.

Contact Property Resolve today to discuss your specific project needs and ensure full adherence to the Real Estate (Regulation and Development) Act.