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MahaRERA launches QR code to access project details

By Rishabh Chamoli | 2023-03-30

For the first time, MahaRERA has introduced QR codes to assist homebuyers in obtaining transparent information. By scanning a QR code on project registration certificates, homebuyers can now access critical information such as construction progress, project completion obstacles, among others.

In a groundbreaking move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has launched QR code to provide transparent information to homebuyers with a single scan. Recently, MahaRERA issued the first project registration certificate with a QR code to the Gera Planet of Joy Project in Wagholi, Pune. All new projects registered with the Authority will carry a QR code, and older project registration certificates will also feature the code in a phased manner.

How can buyers access project details through QR codes?
Homebuyers can easily access essential project information by scanning the QR code on the project registration certificate, which is available on the MahaRERA portal. The scan generates relevant information, such as the project name, promoters details, completion date, registration date, statutory approvals obtained, and more.

What kind of information can be availed by scanning the QR code?
Homebuyers can also access vital information using the QR code scan, such as any changes made to the approved plan of the project, extensions granted to the projects validity, and any recovery warrants issued against the project. Furthermore, buyers can obtain information about the projects financial status and timely delivery based on the details of complaints and warrants issued against it.

What kind of information is included in Form 5?
In addition, homebuyers can now obtain critical information under Form 5. As per RERA regulations, developers must provide updates on construction progress and financial updates every quarter and half yearly basis. Homebuyers can check this data by checking the registration certificates of newly enlisted projects and scanning the QR code. According to a MahaRERA official, the registration certificates for older projects will also be updated with the QR code over time.

MahaRERA was the first to launch a Conciliation Forum, an alternative mechanism for resolving grievances. Home buyers and developers can meet with MahaRERA-appointed conciliators and resolve complaints out of court. MahaRERA also introduced the practice of geo tagging projects with information about the social infrastructure surrounding a registered project.