The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated a new 'One Stand-alone Project: One MahaRERA Number' policy. The regulatory body has issued orders in this regard, which come into force with immediate effect. is a crucial policy aimed at safeguarding the interest of all stakeholders including homebuyers.

As per the order, henceforth, every promoter applying for a new registration of a housing project will have to submit a declaration-cum-undertaking stating that neither the site of the proposed project nor any part of it has MahaRERA registration number, or any application pending. This is applicable for stand-alone as well as multi-phased housing projects on large plots. 

This step has been taken to prevent cheating of homebuyers as in some instances, developers have obtained two or more MahaRERA registration numbers for the same or part of the same real estate project. 

The prescribed format of the declaration-cum-undertaking will contain details such as CS number, CTS number, final plot number, survey number, Hissa number, and others. If the information submitted is found wrong, incorrect or misleading, MahaRERA will initiate action against the promoter. 

For a project on a large plot, a separate registration number for the project or phases can be obtained. However, any reservation on the plot as declared by the Government and Local Planning Authority cannot be changed without completing the formalities as prescribed by the authorities concerned. This includes legal consent of the allottees as well.

These legal measures will help to avoid any complaints, or disputes with regards to common or special amenities such as parking, internal roads, swimming pool, clubhouse, gymnasium, and other such areas.