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MahaRERA issues first notice for advertising about multiple projects that have not been registered

Dated on: Monday 5th June 2017

Sai Estate Consultants, a property broker has been issued the notice for advertising about multiple residential projects that have not been registered under the MahaRERA. The broker, however, has already registered itself with the authority, but the Act requires brokers to sell or facilitate such activity in registered projects only. Gautam Chatterjee, Chairperson, MahaRERA shared with ET that even though ongoing projects have a 90-day window to advertise, sell and also get registered with the authority, if any broker has got registered during this period, he as per the rules can facilitate the sale only in such projects that are registered. 

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