The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a fresh circular on 29th April, emphasising the need to have a trained and certified agent for every housing project.

Starting January 1, 2024, promoters of all the housing projects across Maharashtra are required to disclose names and addresses of the trained and certified agents they are transacting with for sale and marketing of their respective projects. Non-compliance of the directive may result in action against such projects, a point emphasised in Maharashtra Real Estate Regulatory Authority’s (MahaRERA's) order issued earlier this year. As per the order, action can be initiated even during the project’s development phase.