By Staff Reporter
In a significant move, the Maharashtra Real Estate Regulatory Authority (Maharera) has taken action against 13,785 real estate agents for failing to renew their licenses obtained in 2017. This decision underscores the authority’s commitment to ensuring compliance and professionalism within the real estate sector.
The names of the deregistered agents have been published on the Maharera website, signaling a clear directive for them to complete prescribed training and obtain certification if they intend to continue working as agents. Failure to do so will result in the non-renewal of their licenses, effectively preventing them from operating legally in the industry.
The highest number of deregistered agents are from Mumbai and its suburbs, totaling 6,291, followed by Thane at 3,075 and Pune at 2,349. This distribution reflects the widespread impact of the decision across key real estate markets in Maharashtra.
Despite the deregistration of a significant number of agents, there is also a positive development in the form of new agents becoming eligible to operate in the industry. The recent announcement of the results of the fourth examination prescribed for agents revealed that out of 1,767 candidates, 1,527 successfully passed the exam, marking an impressive pass rate of 86.41%.
Notably, Mrs. Arohi Chirag Bhimajiani from Mumbai emerged as the topper, securing a perfect score of 100%. Her achievement makes her the first candidate to achieve such a feat in the four exams conducted thus far, highlighting the caliber and dedication of professionals entering the real estate industry.
The district-wise breakdown of deregistered agents as follows
| District | Number of Deregistered Agents |
|---|---|
| Mumbai Suburb | 4353 |
| Thane | 3075 |
| Pune | 2349 |
| Mumbai City | 1938 |
| Raigad | 770 |
| Palghar | 433 |
| Nagpur | 374 |
| Nashik | 195 |
| Amravati | 43 |
| Ch. Sambhajinagar | 38 |
| Kolhapur | 30 |
| Ahmednagar | 21 |
| Ratnagiri | 20 |
| Jalgaon | 19 |
| Satara | 19 |
| Chandrapur | 15 |
| Solapur | 15 |
| Dust | 12 |
| Sangli | 11 |
| Bhandara | 9 |
| Akola | 7 |
| Sindhudurg | 7 |
| Wardha | 7 |
| Jalna | 6 |
| Gondia | 4 |
| Latur | 3 |
| Buldana | 2 |
| Dadra Nagar Haveli | 2 |
| Nanded | 2 |
| Yavatmal | 2 |
| Hingoli | 1 |
| Osmanabad | 1 |
| Parbhani | 1 |
| Washim | 1 |
In conclusion, Maharera’s action to cancel the registration of 13,785 real estate agents underscores the importance of regulatory compliance and professionalism within the industry. While the decision may pose challenges for some agents, it also presents an opportunity for renewal and upskilling. By mandating training and certification, Maharera aims to enhance the quality and integrity of real estate services in Maharashtra.