Buying a home is a dream come true, but your responsibility doesn’t end the day you get your keys. In fact, the real journey begins when you start staying informed and empowered as a homeowner. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced strict measures to ensure transparency in real estate, and its Order No. 33/2022 is one every flat buyer should know about. This order ensures that builders regularly share updates about their projects, making the entire homebuying experience more transparent and trustworthy.
What MahaRERA Order No. 33/2022 Means for You
Order 33/2022 places a legal obligation on developers to provide timely and accurate updates about their RERA-registered projects on the MahaRERA portal. From construction progress to legal approvals, financial details, and conveyance deeds, this system ensures that homebuyers are never left in the dark. As a buyer, you can now verify whether your builder is fulfilling their obligations instead of relying solely on verbal assurances.
Seven Key Categories of Builder Updates
To make this transparency effective, MahaRERA has divided mandatory disclosures into seven key categories:
-
Quarterly Updates – Builders must upload quarterly progress reports, details of flats sold, plan changes, and bank transactions.
-
Annual Updates – Within six months of every financial year’s end, they must upload audited financial statements (Form 5) and a Quality Assurance Certificate (Form 2A) within three months.
-
Withdrawal of Funds – For every withdrawal from the designated bank account, Forms 1, 2, and 3 must be uploaded.
-
Regular Project Updates – Builders must disclose changes in key personnel, new loans, ongoing litigations, and ensure society registration within three months after a majority of flats are booked.
-
Completion Details – A completion certificate (Form 4) and Occupancy Certificate (OC) must be uploaded once the project is ready.
-
Conveyance of Property – Within three months of receiving OC, a declaration confirming conveyance to the society or association must be filed.
-
Other Disclosures – Any significant project updates must be uploaded promptly.
Why This Order Matters for Buyers
This system gives buyers the power to verify information directly on MahaRERA’s website. Instead of depending on word-of-mouth or marketing promises, buyers now have access to project progress reports, legal details, and timelines. This is a huge step forward in bringing accountability and trust to real estate transactions.
Action Steps for Every Flat Buyer
As a responsible buyer, here’s what you should do after purchasing or booking your home:
-
Visit the MahaRERA website and check your project using its registration number.
-
Review quarterly and annual updates about construction and finances.
-
Track society registration progress and whether the conveyance deed has been executed.
-
Verify the Occupancy Certificate and other legal approvals.
-
If your builder fails to upload updates, file a formal complaint with MahaRERA.
The Golden Rule: Don’t Assume, Verify
Many buyers make the mistake of assuming their builder is fulfilling legal obligations. However, MahaRERA gives you the right to verify every detail. Make use of it. Information is your best protection against fraud or delays, and this law is designed to empower you as a property owner.
Be a Proactive Homeowner
The real estate market is changing, and so should buyers’ attitudes. Visit the MahaRERA portal regularly, ask questions, and hold your builder accountable. Being informed doesn’t just protect your rights — it ensures smoother possession, timely completion, and long-term peace of mind.
Conclusion – Stay Updated, Stay Empowered
Buying a flat is one of the biggest investments of your life. MahaRERA’s transparency initiatives, like Order 33/2022, give you the tools to safeguard that investment. Share this information with fellow buyers, because an empowered community is the foundation of safer, stronger housing societies.
Also Watch : https://youtu.be/M2yCqcJOMSI
1)Facebook – https://www.facebook.com/share/p/16diZHPK2A/
2) Facebook – https://www.facebook.com/share/p/16diZHPK2A/
3) LinkedIn – https://www.linkedin.com/feed/update/urn:li:activity:7348613367135121408
4) Website – https://www.dearsociety.in/post/2025/07/09/understanding-the-quality-assurance-certificate-under-maharera/
Call
Whatsapp
Enquiry