MahaRERA

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MahaRERA’s Biannual Project Assessment: New Grading System

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The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced plans to implement a grading system for real estate projects starting from April 2024. This initiative aims to provide valuable information to homebuyers, assisting them in making informed decisions. RECOS software can significantly help to enhance RERA grades by providing real-time insights into project compliance and effectiveness. It is a unified …

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MahaRERA Completes Record Number of Housing Projects in 2023: A Regional Analysis

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The Maharashtra Real Estate Regulatory Authority (MahaRERA) has achieved a milestone in 2023 by completing 3,927 housing projects across the state, showing a remarkable recovery from the pandemic-induced slowdown in 2022. Several measures have been taken by MahaRERA to ensure timely completion and transparency of projects, such as micro monitoring, quarterly progress reports, and strict …

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Construction Project Management: Digitization

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Construction Project Management (CPM) is the backbone of the construction industry, ensuring projects are executed seamlessly. Defined as the systematic planning, coordination, and control of a project from inception to completion, CPM plays a pivotal role in meeting quality, time, and cost goals. In the digital age, traditional project management methods are giving way to …

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MahaRERA Guidelines Framework

MahaRERA Establishes a Framework for Quality Assurance in Real Estate Projects

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In a groundbreaking move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to revolutionize the Indian real estate sector with a comprehensive quality assurance framework. Drawing inspiration from Singapore’s Building and Construction Authority, MahaRERA’s initiative aims to elevate construction standards and deliver defect-free homes to homebuyers. Key Components of the Quality Assurance Framework: Potential …

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