The Maharashtra Real Estate Regulatory Authority or MahaRERA entered the digital space in July 2018, making the lives of hundreds of home buyers considerably easier. Now buyers can access all the information about projects they are interested in, at the click of a button.
Since its introduction in May 2017, Maharashtra has been leading the way in the implementation of the Real Estate (Regulation and Development) Act or RERA. The state was the first to formulate its rules and create an online portal for registration. Now a year after, Maharashtra continues to lead the way in implementing additional MahaRERA features online.
The software uses a Geographical Information System (GIS). This system analyses data on the Earth’s surface. This will give consumers access to information such as nearby amenities to the project like schools, hospitals, ATMs, religious places and connectivity details such as the kind of transportation available. Using GIS, over 4,000 projects have already been mapped out.
When a user visits the MahaRERA website, they can access the database of registered projects through a drop down menu called ‘Registrations’. They have the option of searching for a particular project or locating a project on a map. Once they find the project they are looking for, they will be able to view a number of details about the project.
This move saves the consumer the time and effort spent going from builder to builder. It helps them make a more informed decision about their purchase. Since it is now mandatory for builders to register their projects with MahaRERA a consumer can be rest-assured that they receive information about the best projects available. Apart from details of the vicinity a consumer can also access project timelines, project details and certifications.
MahaRERA going digital also makes it easier for consumers to file complaints and therefore effectively implementing a system of checks and balances for developers. Earlier a complaint would not be registered until all documentation had been submitted. Now, a consumer can register their complaint online. The paperwork has to be submitted at the MahaRERA office but can be submitted after registering the complaint.
At The Scapers we welcome the MahaRERA act along with its technological systems. All our projects have been registered with MahaRERA.