Understanding MahaRERA Portal Features Quiz

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What is the total number of sections in the Real Estate (Regulation and Development) Act 2016?

95

92 (correct)

90

82

Which entity is responsible for the regulation and promotion of the real estate sector in each State / Union Territory under the Act?

Real Estate Regulatory Authority (correct)

State Government

Central Government

Local Municipality

What is the primary goal of the Real Estate Regulatory Authority established under the Act?

Minimizing consumer protection

Maximizing profits for developers

Ensuring healthy and transparent real estate sector (correct)

Promoting illegal real estate practices

Which chapter of the Act addresses the rights and duties of allottees?

Chapter 9 Signup and view all the answers

What is the consequence for officers of a company found guilty of unethical business practices under the Act?

They will be deemed guilty if the offense was committed with their consent Signup and view all the answers

What percentage of the real estate project funds must be deposited in a separate bank account according to the Act?

70% Signup and view all the answers

What professionals need to certify the percentage of completion of a real estate project for withdrawal of funds from the separate account?

Architects and engineers Signup and view all the answers

What limit is imposed on the advance payments or application fees a promoter can accept without a written agreement under the Act?

10% of the cost Signup and view all the answers

What is the primary purpose of the MahaRERA portal?

To serve as a web-based online system for MahaRERA operations Signup and view all the answers

What key service is NOT provided for Allottees on the MahaRERA portal?

Register as a Real Estate Agent Signup and view all the answers

Which stakeholder can access services like Project Registration and Project Updates on the MahaRERA portal?

Promoters only Signup and view all the answers

What feature is specifically mentioned as available on the landing page of the MahaRERA portal?

Virtual Tour Signup and view all the answers

What type of information is provided under the Organisation Structure submenu?

Contact details of MahaRERA offices Signup and view all the answers

Who is listed under 'Our Leadership' in MahaRERA?

Chairman, MahaRERA Signup and view all the answers

What information can be found under the Media Gallery sub-menu?

Photos of important milestones of MahaRERA Signup and view all the answers

What can be downloaded from the 'DOWNLOADS' menu on the portal?

MahaRERA Citizen Charter Signup and view all the answers