Responsibilities of a Registered MahaRERA Agent: A Complete Compliance Guide
Updated: Jan 6
With the implementation of the Real Estate (Regulation and Development) Act, 2016, the role of real estate agents in Maharashtra has changed significantly. Today, a real estate agent is not just a deal facilitator but a regulated professional with defined legal responsibilities.
Once an agent is registered with MahaRERA, they are expected to follow strict compliance norms. Failure to do so can lead to heavy penalties, cancellation of registration, and even legal proceedings.
This blog explains the key responsibilities of a registered MahaRERA agent, why compliance is critical, and what happens in case of non-compliance.
Why Responsibilities Matter After MahaRERA Registration
MahaRERA registration is not a formality—it is a legal license to operate. Registered agents act as a bridge between developers and homebuyers, and any misinformation or misconduct directly impacts consumer trust.
The law clearly states that:
Agents must operate transparently
Buyers’ interests must be protected
Misrepresentation is a punishable offence
Key Responsibilities of a Registered MahaRERA Agent
1. Deal Only in MahaRERA-Registered Projects
A registered agent must facilitate sale or purchase only of projects that are registered with MahaRERA.
Why this is important:
Protects buyers from illegal or unapproved projects
Ensures project details are publicly disclosed on MahaRERA portal
Prevents agents from promoting risky or non-compliant developments
👉 Selling or marketing an unregistered project is a direct violation of the RERA Act.
2. Provide Accurate and Complete Project Information
Agents are legally responsible for ensuring that the information shared with buyers is:
Correct
Verified
Consistent with MahaRERA disclosures
This includes:
Project registration number
Approved plans and layouts
Possession timelines
Amenities and specifications
❌ Exaggeration, assumptions, or verbal promises not backed by approvals can result in penalties.
3. Avoid Misleading Advertisements and False Promises
A MahaRERA agent must not advertise or promote a project in a misleading manner.
This includes avoiding:
False price claims
Guaranteed return promises
Misrepresentation of amenities
Incorrect possession timelines
All advertisements must:
Mention MahaRERA registration number
Match the information uploaded on MahaRERA portal
👉 Misleading advertising is one of the most common reasons for agent penalties.
4. Maintain Proper Transaction Records
Registered agents are required to maintain proper records of transactions, including:
Client details
Booking forms
Agreements facilitated
Payment references
Communication records
Why record-keeping matters:
Acts as legal protection during disputes
Helps in compliance audits
Supports agents in case of complaints
Lack of documentation often weakens the agent’s position in MahaRERA proceedings.
5. Act in the Best Interest of Clients
A MahaRERA agent is legally bound to:
Act honestly and fairly
Disclose all material facts
Avoid conflict of interest
Guide clients responsibly
Agents must not:
Push buyers into risky decisions
Hide critical project information
Prioritize commissions over client interest
👉 RERA emphasizes consumer protection over sales volume.
Consequences of Non-Compliance for MahaRERA Agents
Failure to comply with responsibilities can lead to serious consequences.
1. Heavy Financial Penalties
MahaRERA can impose substantial monetary fines depending on the nature and severity of the violation.
2. Cancellation or Suspension of Registration
In serious cases, MahaRERA has the authority to:
Suspend agent registration
Cancel registration permanently
Once cancelled, the agent cannot legally operate in Maharashtra real estate.
3. Legal Proceedings and Complaints
Non-compliance can result in:
Complaints filed by buyers
Hearings before MahaRERA
Legal notices and reputational damage
Legal cases not only impact finances but also long-term credibility.
Common Mistakes MahaRERA Agents Must Avoid
Selling non-registered projects
Giving verbal guarantees
Ignoring record-keeping
Sharing incomplete information
Treating registration as a one-time task
👉 Most penalties arise from ignorance, not intent—which is why training and awareness are critical.
Importance of Compliance Training for MahaRERA Agents
Professional training helps agents:
Understand real-life compliance scenarios
Interpret MahaRERA rules correctly
Avoid costly legal mistakes
Build long-term trust with clients and developers
Compliance-ready agents are more likely to:
Work with reputed developers
Handle high-value clients
Sustain long-term careers
Conclusion: Compliance Is the Foundation of a Successful MahaRERA Agent
Being a registered MahaRERA agent comes with rights, credibility, and opportunities, but also clear legal responsibilities.
To build a sustainable real estate career:
Follow MahaRERA rules strictly
Maintain transparency
Protect client interests
Keep records and documentation
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