In a proactive move, the Maharashtra Real Estate Regulatory Authority (Maharera) has sent out a fervent appeal to developers and promoters. The aim: ensure the punctual submission of all requisite documents while gearing up to unveil housing projects in sync with the festive spirit of Navratri, Dussehra, and Diwali.
The directive was issued through a specially addressed letter directed at self-regulatory bodies of developers. It emphasizes the paramount importance of acquiring a Maharera registration number before embarking on any promotional activities, project registrations, or sales endeavors.
The letter, now available to the public on Maharera’s official website, serves as a stark reminder to developers about the established protocols in place. It explicitly states that no promotional activities for these projects can commence without the vital Maharera registration number. Developers are strongly encouraged to secure this number promptly to avoid any disruptions in their project launches.
Maharera’s focus on the interests of prospective buyers is reflected in its rigorous registration process. This procedure involves a comprehensive assessment of financial, legal, and technical aspects. While Maharera is committed to expediting the issuance of these registration numbers, incomplete submissions or discrepancies in documents can present significant obstacles.
As the festive season approaches, a growing number of developers are eager to unveil new housing projects. Maharera’s latest outreach effort aims to streamline the registration process, creating a more collaborative and efficient environment for both developers and regulatory authorities.
