New MahaRERA policy mandates one registration number per standalone project

MahaRERA identified a trend where some promoters were applying for additional registration numbers without disclosing them to the authority, even when the project already had a MahaRERA registration number. This lack of transparency led to challenges, especially in cases where landowners and promoters were different entities or where landowners contracted with multiple promoters, causing confusion and delays in project completions.

The new policy allows for separate registration numbers for projects on large plots or different phases, but it stresses that any alterations to government and local planning authority reservations on the plot require formal procedures and the consent of allottees. This measure aims to prevent disputes related to common or special amenities, such as recreational areas, playgrounds, parking, internal roads, swimming pools, clubhouses, and gyms. The explicit specification of these amenities for each project phase in MahaRERA registration applications is essential to ensure clarity and avoid potential complaints and disputes.