Promoters must now use only qualified and certified real estate agents under MahaRERA. This guideline protects homebuyers and the real estate industry. Non-compliance might lead to project registration rejections, registration revocations, or promoter fines.

MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.

February 2024 saw record property registrations in Mumbai's real estate market. Under the Brihanmumbai Municipal Corporation's (BMC) authority, 12,040 units were registered by 8 p.m. on Thursday, with predictions of a little rise.

In the real estate realm, "stalled projects" are those that have ceased construction entirely, contrasting with "delayed projects" which progress slowly due to various factors.

With the launch of its major e-auction for magnificent homes, including sumptuous penthouses, in Dwarka Sector 19B, the Delhi Development Authority (DDA) is ushering in a new age of luxury living. The February 5 e-auction, with registrations ending January 29, 2024.

The Chennai real estate market has faced unprecedented challenges, according to the September 2023 CREDAI RAW Report. CREDAI Chennai's report covers sales, residential projects, and registration fee increases.

Mumbai real estate, the centre of the Indian property sector, saw a dazzling increase in registrations during Navratri. Under BMC's oversight, property registrations rose to 4,594 units from October 15th to 23rd, 2023.

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Revenue Minister Krishna Byre Gowda said the Karnataka Stamps and Registration Department collected Rs 311 crore and registered 26,058 documents on September 27, a record single-day collection.

The Real Estate Regulatory Authority of Delhi has made it mandatory for developers to register their ventures, even if the property will be leased and not sold.

Greater Mumbai (area under BMC jurisdiction) registered 9,729 property registrations in June 2023, generating Rs 804 crore in revenue for the state government.

Indian residential markets favour 3 BHKs. The recent 3 bedroom home sales and registrations across India in various pockets strongly suggest the same.

The Maharashtra state property registration department has decided to keep its 27 offices, including five in Pune and one in Mumbai, open on Saturdays and Sundays, allowing citizens to register property documents on weekends.

You can find details about the services provided and the modifications done to Jharbhoomi Jharkhand on Ghar.tv