BAI Pune Hosts Real Estate Seminar on MAHARERA Reforms & Self-Redevelopment June 13, 2025

The Builders' Association of India (BAI), Pune Centre, announced plans to host a comprehensive seminar addressing the evolving landscape of real estate development, with particular focus on MAHARERA reforms and self-redevelopment opportunities.

Growing Need for Industry Updates Drives Seminar Initiative

Industry experts noted that Pune's rapidly transforming skyline has created increasing pressure for real estate stakeholders to remain current with evolving regulations, particularly under the MAHARERA framework. The association highlighted that navigating regulatory changes often presents challenges, including delays, legal complexities, and compliance gaps that can prevent projects from reaching their full potential.

BAI officials emphasized that knowledge has become the most valuable asset for professionals in the sector. The organization indicated that the half-day seminar, scheduled for Friday, June 13, 2025, aims to empower developers, society representatives, and construction professionals with crucial insights into real estate development and emerging opportunities in self-redevelopment for better future.

MAHARERA Policy Updates to Take Center Stage

The event organizers revealed that the seminar will spotlight the latest updates from MAHARERA, including significant rule changes related to several key areas. These updates encompass Quarterly Progress Reports (QPRs), extension protocols for projects, and rectification and compliance procedures.

Officials also mentioned that the seminar will address the handling of lapsed and abeyance projects, along with the transition from MAHAIT to the new MAHACRITI system. Industry sources described these updates as crucial for anyone involved in registered development projects.

Self-Redevelopment Emerges as Key Urban Renewal Strategy

As redevelopment opportunities rise amid urban challenges, the seminar will provide detailed guidance on self-redevelopment models where residents take control of projects with support from technical and financial consultants.

The program will cover:

• Legal procedures for initiating self-redevelopment
• Project structuring and funding options
• Success stories and practical case studies
• Role of consultants and registered contractors

Distinguished Speakers to Address Industry Professionals

The seminar will feature renowned industry experts, with Gautam Chatterjee (IAS), Former Chairman of MAHARERA and current head of Global Research & Sustainability Foundation (GRSF), set to provide expert insight into self-redevelopment frameworks and regulatory best practices.

Prakash Sabale, MAHARERA Secretary, is scheduled to discuss upcoming reforms and implementation strategies for the real estate community. The event will be chaired by Jyoti Chougale, Chairman of BAI Maharashtra Housing/RERA Committee, and Ajay R. Gujar, Chairman of BAI Pune Centre.

Target Audience and Registration Details

The seminar has been designed for real estate developers and builders, civil and government contractors, architects, structural engineers, and MEP consultants. Society committee members, RWA leaders, legal and financial advisors in housing projects, and promoters and agents registered under RERA rules and registration process are also encouraged to attend.

Event Information

Interested participants can complete pre-registration by contacting the BAI Pune Centre or scanning the official QR code from their invitation.

Industry Value and Expected Outcomes

BAI representatives indicated that attendees will gain a clear understanding of MAHARERA's latest compliance expectations and step-by-step knowledge of how to initiate and manage self-redevelopment projects. The seminar also promises networking opportunities with experts and like-minded stakeholders.

The organization emphasized that whether participants are developers looking to avoid regulatory pitfalls, societies exploring MMR real estate price trends, or professionals seeking to align with updated MAHARERA norms, the seminar provides timely and practical value.

Industry observers noted that the event comes at a crucial time when Pune property market growth trends continue to evolve, making compliance and regulatory knowledge essential for sustained success in the sector.