05
Aug
MahaRERA and the state government should restore RERA’s declaration-based registration model, with detailed scrutiny handled later through audits, inspections, complaints and penalties for false disclosures. Pune (Maharashtra) [India], August 5: MahaRERA was constituted with a view to making Maharashtra’s real estate market transparent, accountable and reliable. It must remain strongly committed to that goal and to protecting the interests of homebuyers. But nearly a decade later, it is becoming increasingly evident that MahaRERA needs a serious operational reset – one that protects homebuyers without turning legitimate project development into an open-ended compliance exercise. While substantial progress has been made towards…