Over 50,000 agents registered with MahaRERA; 31,980 active

There are 50,673 agents registered with MahaRERA. Of these, registration of 31,980 agents is active and 18,693 agents have been de-registered by MahaRERA for varied reasons. Representational Pic

The total number of agents registered with MahaRERA has crossed the 50,000 mark.

This follows almost as many housing projects registered with the regulator.

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Agents from as many as 150 cities outside of Maharashtra, such as New Delhi, Gurgaon, Prayagraj, Hyderabad, Bengaluru, Goa, Ahmedabad, Patna, Jammu, etc. are registered with MahaRERA

Of the total 50,673 agents, registration of 31,980 is active. MahaRERA has cancelled registration of 18,693 agents, due to various reasons

Konkan area has the highest registered agents at 21,050, followed by Pune area with 8,205, 1,504 in Nagpur area, 490 in Northern Maharashtra, 343 in Sambhajinagar area and 237 in Amravati area.

After over 50,000 projects being registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA), now, more than 50,000 agents are registered with the regulator.

The agents registered with MahaRERA are not only from Maharashtra, considering the numero uno position of the real estate sector of the Mumbai Metropolitan Region and Pune, but also from major cities of several other states.

Agents from as many as 150 other cities, such as New Delhi, Gurgaon, Prayagraj, Hyderabad, Bengaluru, Kanchipuram, Nainital, Goa, Ahmedabad, Patna, Jammu, Indore, among others, have got themselves registered with MahaRERA. These many registered agents from other states demonstrate the pivotal role they play in the realty industry, as they facilitate sales between a developer and a homebuyer.

Similar to the largest number of housing projects registered in Maharashtra, the state also leads in the highest number of registered agents in India. Currently, there are 50,673 agents registered with MahaRERA. Of these, registration of 31,980 agents is active and 18,693 agents have been de-registered by MahaRERA for varied reasons.

As is the trend, the Konkan area, which includes the Mumbai Metropolitan Region, has the highest number of registered agents at 21,050. This is followed by the Pune area with 8,205 registered agents, 1,504 registered agents in the Nagpur area, 490 in North Maharashtra, 343 in the Sambhajinagar area and 237 in the Amravati area.

In the real estate sector, a real estate agent, also known as a consultant, plays a pivotal role. They serve as an important link between the homebuyer and the developer. Often, the homebuyers first get in touch with an agent, who in turn guides the purchaser by providing basic information about multiple housing projects. Considering this crucial role of the agents, all of them are mandated to be aware of the important provisions of the Real Estate (Regulation and Development) Act, 2016.

Agents are supposed to provide the customer with basic information on regulatory provisions such as the Model Sale Agreement, Allotment Letter, Carpet Area, Defect Liability Period, etc. This helps in ensuring there is uniformity, consistency and clarity during the sale of a property. Based on such details, homebuyers decide to buy a house in a specific project or not.

Therefore, keeping in mind the interests of homebuyers, MahaRERA has made this training and certification of agents mandatory. Of the 18,693 de-registered agents, some have not obtained this certificate, while others have not renewed their licenses; hence, their termination of registration.

Region-wise registered agents in Maharashtra:

Konkan Area - 21,050

Mumbai City - 3,457
Mumbai Suburb - 8,365
Thane - 6,760
Raigad - 1,340
Palghar - 1,086
Ratnagiri - 31
Sindhudurg - 11

Pune Area - 8,205

Pune - 7,931
Kolhapur - 84
Satara - 76
Solapur - 70
Sangli - 44

Nagpur Area - 1,504

Nagpur - 1,357
Chandrapur - 57
Bhandara - 45
Gondia - 40
Gadchiroli - 5

North Maharashtra Area - 490

Nashik - 324
Ahilyanagar - 92
Jalgaon - 53
Dhule - 19
Nandurbar - 2

Sambhajinagar Area - 343

Sambhajinagar - 132
Beed - 68
Latur - 46
Nanded - 37
Dharashiv - 27
Parbhani - 14
Jalna - 11
Hingoli - 8

Amravati Area - 237

Wardha - 95
Amravati - 48
Akola - 36
Buldana - 29
Yavatmal - 27
Washim - 2