MahaRERA clears 323 project registration applications in three months, ET RealEstate

Most of the approved applications (117) were from Pune district, followed by Raigad (52), Thane (48) and Mumbai suburbs (35).

From June 19, the Maharashtra Real Estate Regulatory Authority (MahaRERA) started granting registrations only after verification of commencement certificates (CCs) issued by civic bodies. “In the last three months only 323 applications have been approved. The rest are in process,” a senior MahaRERA official said on Tuesday.

Local bodies have been directed to integrate their website with that of the real estate authority or send separate emails with the CC. “Only the Brihanmumbai Municipal Corporation (BMC) has started the process of integrating its website with that of MahaRERA, while the others are sending emails to the authority,” the official said.

“MahaRERA needs to engage the services of some agencies for physical inspection of the sites and documents before granting registration to avoid any fraudulent activity.”