Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cancelled the registration of 18,693 real estate agents for failing to comply with mandatory requirements, including certification and license renewals.
According to data on the authority’s official website, out of 50,673 agents registered with MahaRERA, only 31,980 currently hold active registrations. The remaining agents have been deregistered due to various compliance lapses, primarily the failure to obtain the required certification or to renew their licenses on time.
MahaRERA, which is also overseeing the registration of approximately 50,000 real estate projects, maintains a wide network of agents not just within Maharashtra, but from over 150 cities across India. These include major urban centers such as New Delhi, Gurgaon, Hyderabad, Bengaluru, and Ahmedabad, among others. The participation of agents from outside the state highlights their vital role in facilitating transactions between developers and homebuyers.
Maharashtra leads the country not only in the number of registered real estate projects but also in the number of registered agents. Region-wise, the Konkan area—home to the Mumbai Metropolitan Region—has the highest number of registered agents at 21,050. Pune follows with 8,205 agents, while Nagpur, North Maharashtra, Sambhajinagar, and Amravati collectively account for over 2,500 more.
Recognizing the significant influence agents have on homebuyer decisions, MahaRERA mandates them to be well-versed in key aspects of the Real Estate (Regulation and Development) Act, 2016. Agents are expected to educate potential buyers about important regulatory elements such as the Model Sale Agreement, Allotment Letter, Carpet Area, and Defect Liability Period. This ensures transparency and consistency in property transactions.
To uphold industry standards and safeguard buyer interests, MahaRERA has made training and certification mandatory for all agents—a move that underpins the recent crackdown on non-compliant individuals in the sector.
