MahaRERA Compliance Guide 2025: What Builders Must Know
For Developers: MahaRERA Compliance Checklist (2025 Edition) Here’s what every builder must do to stay compliant: 🔒 1. Project Registration is Mandatory All residential and commercial projects >500 sq.m must be registered before promotion. Upload key documents: title deed, sanctioned plans, project timeline, architect certificate. 💰 2. 70% of Funds in Escrow Account At least 70% of funds from buyers must be deposited in a dedicated bank account. Withdrawals allowed only in proportion to construction progress. 📄 3. Quarterly Updates Update project status, financials, and certifications on the MahaRERA portal every quarter. Missing even one update can lead to show-cause notices or suspension. 🗓️ 4. Timely Completion & Extensions Complete as per committed timelines. Delay? Inform buyers and MahaRERA with clear reasons and revised deadlines. 🧾 5. Defect Liability (5 Years) Developers are responsible for structural or workmanship issues for 5 years post-possession. 🚫 6. No Pre-Launch Without Registration Advertising or accepting bookings before registration is a punishable offence under Section 3. ⚠️ Common Pitfalls to Avoid Consequence Advertising without registration Penalty up to 10% of project cost Failure to update quarterly progress, Suspension of registration, Using funds for other projects, Legal action + cancellation, Not responding to complaints, Blacklisting & RERA penalties 📚 Conclusion MahaRERA compliance isn’t just paperwork—it’s the foundation of trust in real estate. As enforcement tightens across Maharashtra, staying informed and proactive protects your reputation and your investments. Whether you're launching a new project or buying your first home—stay RERA-smart, stay secure.