MAHARASHTRA R[At ESTATE REGULATORY AUTHORITY

Date: 12/04/2021

Order No. 16/2021

No. MahaRERA / Secy / File No. 27/ /2021

Subject: Committee for Capacity Building and Certification of Real Estate Agents in Maharashtra

Whereas Real Estate (Regulation and Development) Act 2016 was enacted to bring greater professionalism, accountability and competency in rear estate sector.

Whereas, Real Estate Agents are essential element of Real Estate Sector, who connect Allottees and Promoters and facilitate most of the real estate transactions. Real Estate Agents need to have comprehensive understanding of the real estate transaction in order to guide the allottees and prevent disputes. Therefore, RERA mandated registration and regulation of Real Estate Agents and documented roles and responsibilities for strict adherence by Real Estate Agents.

In order to bring a certain level of consistency in the practices of real estate agents, enhance knowledge and awareness of regulatory framework and practices, enforcement of code of conduct and to discourage incompetent agents, it is proposed to introduce Basic Capacity Building and Certification for Real Estate Agents.

In this regard, a Steering Committee is being constituted to advise and provide recommendations for implementation ot this initiative. The composition of the Steering Committee shall be as follows:

S.No Name and Designation Member
1. Shri. Gautam Chanerjee, Founder Chairman,  Maharashtra Real Estate Regulatory  Authority (MahaRERA) Chairman of the Committee
2. Representative of Mumbai Grahak Panchayat Member
3. One Representative only of each of the SROs Member
4. Representative of NAR Member
5. Representative of CREBAI Member
6. Shri. Vasant Wani, Technical Officer, MahaRERA Member  Secretary
7. Any other member as co-opted by Chairman, from time to time Member

The Chairman may at any time form sub-groups for particular activities.

The Committee shall be responsible for recommending and developing Framework. Structure and Roadmap for Real Estate Agents Training and Certification in Maharashtra along with implementation of the same. At the onset, the committee shall work on finalization of the way ahead along with Detailed Activities, Timelines and scope of work in consultation with MahaRERA. It is expected that the committee would submit it report in 30 days.

Member Secretary shall ensure all administrative support and assistance to the committee for carrying out its functions.

As approved by Authority

(Dr. Vasant Prabhu)
Secretary, MahaRERA

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