Understanding MahaRERA Portal Features Quiz

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16 Questions

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

92

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

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

Ensuring healthy and transparent real estate sector

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

Chapter 9

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

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

70%

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

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

What is the primary purpose of the MahaRERA portal?

To serve as a web-based online system for MahaRERA operations

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

Register as a Real Estate Agent

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

Promoters only

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

Virtual Tour

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

Contact details of MahaRERA offices

Who is listed under 'Our Leadership' in MahaRERA?

Chairman, MahaRERA

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

Photos of important milestones of MahaRERA

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

MahaRERA Citizen Charter

Test your knowledge on the key features of the Maharashtra Real Estate Regulatory Authority (MahaRERA) portal for stakeholders. Explore topics such as real estate agent registration, key services for agents, and the digital operations of MahaRERA.

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