Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, was launched by the Indian government to regulate and promote transparency in the real estate sector. It was implemented to protect the interests of homebuyers and to bring accountability and standardization to the sector. RERA is a landmark legislation in the real estate sector that has changed the way real estate business is conducted in India. In this blog, we will discuss how to check RERA details online of a project and why it is beneficial for customers.

Maharera Project Search: How to Check Maharera Project Details Online?

RERA search serves as a valuable tool for individuals and investors, offering comprehensive information on registered real estate projects and ensuring transparency in the industry. Customers can conveniently check the RERA details of a project online by visiting the RERA website of their respective state. Here are the steps to follow:

Step 1: Visit the RERA website of your state. For example, if you are in Maharashtra, visit https://maharerait.mahaonline.gov.in/

Step 2: Click on the 'Projects' tab on the homepage.

Step 3: Enter the name of the project or the name of the developer in the search box.

Step 4: Click on the 'Search' button

Step 5: A list of projects matching the search criteria will be displayed. Click on the project you are interested in.

Step 6: The project details such as the name of the developer, project status, project registration number, date of completion, carpet area, etc., will be displayed.

Step 7: If you want more information, you can click on the 'View Details' button. This will display more information such as the sanctioned plans, approvals, and other project-related details.

In some states, customers can file a complaint or register a grievance on the RERA website. The steps to do so vary from state to state.

RERA in Maharashtra

In Maharashtra, the MahaRERA project search on the website provides a wide range of details related to a real estate project. Here are some of the key details that you can view on the RERA website in Maharashtra https://maharerait.mahaonline.gov.in/

What Maharera Project Details You Should Check?

You can view the name of the project, its location, and its status - whether it is ongoing, completed,
or proposed. You can also view the date of completion and the size of the project.

1. Developer Details

You can view the name of the developer, their contact details, and their Mahrera registration number.

2. Project Approvals

You can view the approvals obtained by the developer for the project such as environmental clearances, building plan approvals, and other necessary approvals.

3. Project Finances

You can view the funds collected by the developer from customers and how the funds have been utilized. This information provides transparency in the use of funds.

4. Carpet Area

You can view the carpet area of the flats or apartments in the project. This information provides
clarity on the actual usable area of the flats.

5. Floor Plans

You can view the floor plans of the project. This information helps you to visualize the layout of the project.

6. Amenities and Facilities

You can view the list of amenities and facilities provided by the developer in the project such as a gymnasium, swimming pool, and clubhouse.

7. Complaints and Disputes

You can view the complaints and disputes related to the project and the status of their resolution. This information helps you to assess the developer's track record in handling customer complaints. Maharashtra RERA has a fast-track dispute resolution mechanism that allows for the quick resolution of complaints and disputes between customers and developers. This mechanism is not available in some other states.

The penalties for non-compliance with Maharashtra RERA regulations are higher compared to some other states. For example, the penalty for non-registration of a project in Maharashtra can be up to 10% of the project cost, while in some other states, it is lower. It is important to note that these differences may be subject to change, and it is advisable to refer to the official Maharashtra RERA website for the latest regulations and guidelines.

Benefits of RERA for Customers

RERA has brought several benefits for the customers. Some of the key benefits are:

1. Transparency

RERA has made it mandatory for the developers to provide all the necessary information related to the project on the RERA website. It includes details such as project completion timeline, sanctioned plans, approvals, carpet area, and other project-related details. This has increased transparency in the sector and has helped customers make informed decisions.

2. Standardization

RERA has standardized the real estate sector by introducing regulations such as carpet area calculation, which was not standard earlier. This has brought more clarity to the sector and has helped customers understand what they are paying for.

3. Protection of Interests

RERA has introduced several measures to protect the interests of homebuyers. For example, developers are required to deposit 70% of the funds received from customers in a separate escrow account. This ensures that the funds are used only for the construction of the project and not diverted elsewhere.

4. Grievance Redressal

RERA has set up a grievance redressal mechanism to resolve disputes between developers and customers. Customers can approach the RERA authority if they have any grievances related to the project.

Frequently Asked Questions

1. How to know which MahaRERA-registered projects have expired?

To identify projects that have lapsed, follow these steps:

Step 1: Visit the MahaRERA website
Step 2: Navigate to the 'Lapsed Projects' section under the 'Registration' tab. The list of expired
projects is displayed chronologically on the page.

2. How to check RERA status?

To check the RERA status of a real estate project, visit the official RERA website of your state, use the 'Project Search' feature, enter project details, apply filters if needed, and access comprehensive information on compliance and progress.1. What Is BHK's meaning?
BHK stands for ‘Bedroom, Hall, and Kitchen’ and is used in the real estate industry to describe the number of rooms in an apartment or house.

3. What is 1.5 BHK?
1.5 BHK is a term used in the real estate industry to describe an apartment or house with one bedroom, a smaller second room that can be used as a study or half-bedroom, a living room or hall and a kitchen.

4. What does 2 BHK means?

2 BHK stands for an apartment or house that has two bedrooms, a living room or hall and a kitchen.

5. What is 2.5 BHK?

2.5 BHK is a term used in the real estate industry to describe an apartment or house that has two bedrooms, a smaller third room that can be used as a study or half-bedroom, a living room or hall and a kitchen.

6. What does 3 BHK means?

3 BHK stands for an apartment or house that has three bedrooms, a living room or hall, and a kitchen.

7. What does 4 BHK means?

4 BHK stands for an apartment or house that has four bedrooms, a living room or hall and a kitchen.

8. Are smaller configurations easier when it comes to resale?

Smaller configurations may have a larger pool of potential buyers and be easier to sell, but it ultimately depends on the local real estate market and the demand for different types of properties.

9. What are the prices of 1, 2, 3 & 4 BHK in different cities?
The property prices for different cities vary significantly depending on factors such as the location, size, amenities and demand in each specific city.

10. What is 1RK?

1RK is a term commonly used in the real estate industry in India and stands for ‘1 Room Kitchen,’ indicating that the living space consists of a single room that combines both the living and bedroom areas, with a separate kitchen and possibly a bathroom.