MahaRERA Cancels Registration of 13,785 Real Estate Agents

The Maharashtra Real Estate Regulatory Authority has cancelled the registration of 13,785 real estate agents who failed to renew their licenses in 2017. To operate again as property brokers, they will now have to complete the prescribed training and obtain certification again. RERA made the data public on their website. They have uploaded a list of close to 14,000 real estate agents on their website.

Of the 13,785 delisted brokers the highest number of agents were from Mumbai city and suburbs totalling 6,291 followed by Thane at 3,075 and Pune at 2,349. While several new agents have signed up with Maha RERA, the overall number of property brokers has dwindled due to non-renewal. In the recently held fourth round of examinations organised by the regulator, a total of 1,767 candidates appeared for the test and 1,527 cleared the exams.