Published On: Tue, May 20th, 2025

Now, agents from out of state regd with MahaRERA | Mumbai News – Times of India


Now, agents from out of state regd with MahaRERA

Mumbai: While the total number of agents registered with MahaRERA is now over 50,000, interestingly, agents from as many as 150 cities, such as New Delhi, Gurgaon, Prayagraj, Hyderabad, Bengaluru, Goa, Ahmedabad, Patna, and Jammu, are also among the agents who have registered with MahaRERA.The highest number of agents registered with MahaRERA are from the Mumbai Suburban district, with 8,365 agents, followed by Pune district with 7,931 agents and Thane district with 6,760 agents.According to the regulator, considering the position of the real estate sector in the Mumbai Metropolitan Region (MMR) and Pune, agents registered with MahaRERA are not only from Maharashtra but also from major cities across India, including New Delhi, Hyderabad, Bengaluru, and even places like Kanchipuram, Nainital, and Indore, among many other cities. As many as 14 agents registered with MahaRERA are from Gautam Buddha Nagar in UP.Similarly, 14 agents are from Bengaluru, while there are 9 agents from Gurgaon, 5 from Kolkata, 3 from New Delhi, and 3 from Kanchipuram among various cities outside Maharashtra.“It makes sense for a realtor firm operating pan India to register with MahaRERA if they intend to do business here. Besides, a large number of people are investing pan India,” said Pramod Vyas of Jayant Associates, a realtor.“The younger generation keeps moving to different cities and ends up investing in properties in those cities. Besides, people who are into various businesses in other cities across the country find the real estate market in Mumbai lucrative and want to invest in the real estate market here. For both these categories, they seek trusted realtors or realtors in the cities they hail from with knowledge of the real estate market here,” said a realtor.According to the regulatory authority, though 50,673 agents registered with MahaRERA, only 31,980 of these agents are active, while 18,693 agents were de-registered by MahaRERA for various reasons. A real estate agent plays the role of a consultant and is a link between the homebuyer and the developer.

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