About MahaRERA SRO

In order to ensure greater professionalism among promoters, bring a certain level of consistency in the practice of promoters, enforcement of the code of conduct and discourage fraudulent promoters, MahaRERA has introduced Self – Regulatory Organization (SRO) in the real estate sector in Maharashtra. NAREDCO Maharashtra (NAREDCO West Foundation) is the First Self Regulatory Organization appointed by MahaRERA.

Benefits & Responsibilities

The Roles & Responsibilities of the SRO shall be as follows:

The SRO shall encourage its members to comply with the provisions of the Act, applicable rules, regulations, orders or circulars issued by the MahaRERA from time to time.
The SRO shall be responsible for carrying out awareness and education activities among its members.
The SRO shall specify standard of conduct for its members and also shall be responsible for the implementation of the same by its members.
Any information or particulars furnished to MahaRERA by the applicant shall not be false or misleading in any material respect.

RERA Project Membership (RPM)

A project of the developer can be registered as a RERA Project Member with NAREDCO SRO by merely paying a one time fee of INR 11800/-(Projects located in Maharashtra excluding Mumbai) and INR 23600/- (Projects located in the city of Mumbai).