Major Shake-Up: Maharashtra RERA Takes Action, Cancels Registration of Over 13,000 Real Estate Agents
The termination of 13,785 real estate agents' registrations has been instructed by the Maharashtra Real Estate Regulatory Authority (RERA), marking a remarkable development. This decision is a result of continuous efforts to organize and control Maharashtra's real estate market.
By improving accountability and transparency in the sector, the action aims to better protect investors and homebuyers.
The cancellation of these registrations, according to Maharashtra RERA officials, comes after an in-depth investigation procedure that found multiple agents who did not follow the law. The authority's committed to maintaining morals and honesty in the real estate industry proves itself by this action.
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