RERA Explained: What Maharashtra Homebuyers Must Verify

The Real Estate (Regulation and Development) Act, 2016, brought overdue transparency to India's property market. In Maharashtra, MahaRERA requires every project above 500 sq. m. or eight apartments to register before advertising or selling. For Kandivali West buyers, RERA verification is the first — not the last — step in due diligence.

Every registered project receives a unique number (format: P518000xxxxx for Maharashtra). On the MahaRERA portal, you can verify the developer's name, project address, sanctioned FSI, number of units, carpet area details, possession date, and escrow account information. Critically, RERA mandates that 70% of buyer funds flow into a dedicated project account, reducing the risk of fund diversion that plagued pre-RERA era purchases.

RERA also standardised carpet area definition — the actual usable floor area within walls. Developers can no longer inflate saleable area with loading factors without disclosure. If a Kandivali broker quotes '1,200 sq. ft. super built-up,' insist on the RERA-registered carpet area, which is typically 25–30% lower.

What RERA doesn't cover: individual resale flat title history, society litigation, or post-possession defect liability beyond the builder warranty period. PARADOOM supplements RERA checks with title searches, approved plan verification, and builder track record analysis. We never list a property without confirming active RERA registration for under-construction projects and valid completion certificates for ready buildings.