MahaRERA's Online Exam for Real Estate Agents Set on July 29
Published Date: 22/07/2024
MahaRERA is set to conduct its 5th online exam for real estate agents on July 29, with 5,260 candidates eligible to appear from across Maharashtra.
"The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced that it will conduct its 5th online exam for real estate agents on July 29. A total of 5,260 candidates have completed preliminary training in the real estate sector and are eligible to appear for the exam, which will be held at 24 centres across the state.
Of the eligible candidates, 3,081 are from the Mumbai Metropolitan Region, 1,533 from Pune, 518 from Nagpur, 40 from Nashik, 28 from Sambhajinagar, 21 from Kolhapur, 20 from Sangli, and 7 each from Amravati and Jalgaon, along with 5 from Nanded.
The exam is a crucial step in ensuring that real estate agents in Maharashtra are well-versed in the provisions of the Real Estate (Regulation and Development) Act. Agents play a vital role in the real estate sector, serving as the primary point of contact between homebuyers and developers. They are responsible for providing critical information to homebuyers, including details about projects, developers, and regulatory provisions.
MahaRERA has made it mandatory for agents to undergo training and pass an exam to obtain certification. Failure to comply with this requirement can result in tough decisions, including discontinuing dealings in real estate transactions. Recently, MahaRERA suspended registrations of over 20,000 defaulting agents who did not comply with the mandatory due diligence.
According to Chairman MahaRERA,"
FAQs:
"Q: What is the purpose of the online exam for real estate agents?
A: The online exam is a mandatory requirement for real estate agents to ensure that they are well-versed in the provisions of the Real Estate (Regulation and Development) Act.
Q: How many candidates are eligible to appear for the exam?
A: A total of 5,260 candidates are eligible to appear for the exam, from across Maharashtra.
Q: What is the role of real estate agents in the sector?
A: Real estate agents play a crucial role in the sector, serving as the primary point of contact between homebuyers and developers.
Q: What are the consequences of not complying with the mandatory training and certification requirements?
A: Failure to comply with the requirements can result in tough decisions, including discontinuing dealings in real estate transactions.
Q: What is MahaRERA's primary objective?
A: MahaRERA's primary objective is to regulate the real estate sector in Maharashtra and protect the interests of homebuyers."
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