14+ Years of Experience
The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
Read MoreKey Information
Overview
Real estate agents play a crucial role in the industry by acting as intermediaries between builders and buyers, ensuring smooth transactions. With the implementation of the MahaRERA Agent Registration, agents must now register with the Maharashtra Real Estate Regulatory Authority (MahaRERA). This registration provides agents with a unique number, valid for 5 years, that must be quoted in every transaction they facilitate. Failure to comply with the MahaRERA Agent Registration process can result in hefty penalties.
At BizMantra, we offer hassle-free MahaRERA Agent Registration services for agents across Maharashtra, ensuring full compliance and seamless processing.
Importance of MahaRERA Agent Registration
The MahaRERA Agent Registration is more than just a legal obligation; it benefits real estate agents in multiple ways:
Enhances Credibility: Being MahaRERA-registered strengthens trust and transparency with clients.
Avoids Legal Penalties: Unregistered agents face fines of up to ₹10,000 per day or 5% of the project cost for non-compliance.
Boosts Client Trust: The MahaRERA registration number assures buyers that all dealings are legal and transparent.
Mandatory Compliance: Agents must maintain proper records and be accountable for any discrepancies.
MahaRERA Compliance for Agents
To remain compliant under RERA regulations, agents must:
Obtain a MahaRERA Registration Number and quote it in every transaction.
Avoid Misrepresentation of project details, as penalties can reach ₹10,000 per day or 5% of the project cost.
Maintain Accurate Books of Accounts for all projects they facilitate.
Who Needs MahaRERA Agent Registration?
Real Estate Agents: Facilitating the sale, purchase, or marketing of real estate projects.
Property Brokers: Engaged in property transactions.
Real Estate Consultants: Offering guidance in property transactions within Maharashtra.
MahaRERA Agent Registration Process
BizMantra simplifies the MahaRERA Agent Registration process with expert guidance. Here’s how it works:
Visit the MahaRERA Website:Go to the MahaRERA official website
Create an Account:Register using your email and phone number.
Complete the Application Form:Provide your details and those of your firm, if applicable.
Submit Documents:Upload identity proofs, business proofs, and other necessary documents.
Pay the Registration Fees:The registration fee depends on whether you’re an individual or a firm.
Receive the MahaRERA Registration Number: Upon verification, you’ll receive your MahaRERA registration number.
