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.

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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.

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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).

Click here for RERA Project Membership