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Property Related Laws Maharashtra Ministry of Home Affairs Real Estate (Regulation and Development) Act, 2016

The Maharashtra Real Estate Regulatory Authority has issued Extension of timelines for obtaining Maha RERA Real Estate Agent Certificate of Competency

20-Sep-2023 | Order No: - 41A /2023

The Maharashtra Real Estate Regulatory Authority has issued Extension of timelines for obtaining MahaRERA Real Estate Agent Certificate of Competency.

By virtue of the Order, following directions are issued ,namely :

1.Only those real estate agents who have a valid MahaRERA Real Estate Agent Certificate of Competency can apply for MahaRERA real estate agent registration and renewal of registration with effect from 01.11.2023 and applies to all individual real estate agents in case of individuals and authorized signatory (authorized for making application for MahaRERA real estate agent registration) in case of firms , companies ,organizations (Other than Individuals) and employees , staff , officers by whatever designation called working in firms and companies or organizations of real estate agents, who interact with homebuyers and allottees for effecting transactions in real estate projects.

2.MahaRERA Real Estate Agent Certificate of Competency shall be obtained by existing registered real estate agents before 01.01.2024 and upload the same at their respective web page failing which action as deemed fit shall be initiated by the Authority.

3.Promoters of real estate Project shall ensure that the names and addresses of the real estate agents if any to be given in compliance of Section 4 (2) (j) of the Act shall be of only such real estate agents who have MahaRERA Real Estate Agent Certificate of Competency with effect from 01.01.2024.

Note: The dates mentioned in the directions issued under MahaRERA Order No. 41/2023 dated 10.01.2023 shall be considered as substituted by the dates prescribed under this MahaRERA Order.

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