The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken a significant step toward protecting homebuyers and improving transparency in the real estate market by introducing a three-step scrutiny process for project approvals. The new system will mandate legal, financial, and technical vetting of every project before registration is granted.
Three-Tier Vetting for Project Registrations
Under the new framework, every project seeking MahaRERA registration will undergo:
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Legal Scrutiny: Verification of clear land titles, ownership records, and statutory approvals to ensure compliance with legal requirements.
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Financial Assessment: Examination of the developer’s funding sources, financial strength, and ability to complete the project without delays.
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Technical Review: Evaluation of construction feasibility, design plans, timelines, and adherence to building codes to minimize risks of delays or quality lapses.
Independent expert groups will be assigned to each of these three stages, and any project failing to pass a stage will be denied registration.
Boost to Homebuyer Confidence and Market Discipline
MahaRERA believes that this proactive approach will reduce the risk of stalled projects and ensure that developers deliver on their promises. “The objective is not just to deliver justice when home buyers approach us, but to ensure that disputes are prevented through stronger due diligence at the approval stage,” said a senior MahaRERA official.
Chairman Manoj Saunik and Members Mahesh Pathak and Ravindra Deshpande have led the implementation of this framework, aiming to shift MahaRERA’s focus from merely resolving disputes to preventing them altogether.
Improved Grievance Redressal Performance
Between October 2024 and July 2025, MahaRERA disposed of 5,267 complaints, outpacing the 3,743 new cases filed in the same period. Hearings are now being scheduled within one to two months of complaint registration, providing much-needed relief to aggrieved homebuyers.
Since its establishment in May 2017, MahaRERA has received 30,833 complaints, resolving 23,726 of them. Significantly, 79% of these disputes pertain to projects launched before MahaRERA came into existence, highlighting the regulator’s growing impact in improving compliance for newer projects.
Market Impact and Way Forward
With 51,481 projects currently registered in Maharashtra, MahaRERA aims to create a more disciplined and transparent ecosystem. The most frequent grievances—delayed possession, poor construction quality, and missing amenities—are expected to decline as the new vetting process eliminates weak or risky projects at the registration stage.
This initiative marks a paradigm shift in MahaRERA’s role, positioning it as both a dispute-resolution authority and a preventive watchdog that safeguards buyer investments before disputes even arise.
