Since the enactment of Real Estate (Regulation and Development)
Act, 2016 (Act), Government of Maharashtra
(GoM) was one of the few States to immediately
frame the rules thereunder being Maharashtra Real Estate
(Regulation and Development) (Registration of Real Estate Projects,
Registration of Real Estate Agents, Rates of Interest and
Disclosures on Website) Rules, 2017 (Rules). The
Maharashtra Real Estate Regulatory Authority (MAHA
RERA) has been taking the lead to enforce and/or provide
clarifications from time to time on the Act and the Rules by
issuing various circulars and orders. Recently, the GoM has issued
a notification on June 6, 2019 amending certain provisions of the
Rules (Amendment Rules).
