Understanding MahaRERA Portal Features Quiz
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Questions and Answers

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?

    <p>Chapter 9</p> Signup and view all the answers

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

    <p>They will be deemed guilty if the offense was committed with their consent</p> 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?

    <p>70%</p> 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?

    <p>Architects and engineers</p> 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?

    <p>10% of the cost</p> Signup and view all the answers

    What is the primary purpose of the MahaRERA portal?

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

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

    <p>Register as a Real Estate Agent</p> Signup and view all the answers

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

    <p>Promoters only</p> Signup and view all the answers

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

    <p>Virtual Tour</p> Signup and view all the answers

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

    <p>Contact details of MahaRERA offices</p> Signup and view all the answers

    Who is listed under 'Our Leadership' in MahaRERA?

    <p>Chairman, MahaRERA</p> Signup and view all the answers

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

    <p>Photos of important milestones of MahaRERA</p> Signup and view all the answers

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

    <p>MahaRERA Citizen Charter</p> Signup and view all the answers

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