MahaRERA has introduced a major update for homebuyers through the new MahaRERA 60-day rule, ensuring faster and more transparent compensation. As part of the MahaRERA SOP 2025, developers in Maharashtra must now pay interest, refunds, or compensation within 60 days from the date of the MahaRERA order. This is a significant step toward strengthening homebuyer rights under the real estate regulations Maharashtra framework.

What the 60-Day Compensation Rule Means

The new MahaRERA compensation guidelines ensure that when a homebuyer receives an order in their favour – whether for delayed possession, interest refunds, or compensation – the developer must complete the payment within a strict 60-day timeline. This creates a faster, more reliable system for buyers across the state.

If the payment is not completed within the deadline, homebuyers can take immediate action through the MahaRERA portal, reducing long waiting periods that were common earlier.

Key Features of the MahaRERA SOP 2025

1. Mandatory 60-Day Refund & Compensation

Under the 60-day refund rule Maharashtra, developers must settle all dues within 60 days without exceptions.

2. Simple Non-Compliance Filing

Homebuyers can file a non-compliance application directly on the MahaRERA portal if the developer delays payment.

3. Faster Hearing Process

Cases will be taken up within nearly four weeks, making the new MahaRERA rules for builders strict and time-bound.

4. Developer Asset Disclosure

If the builder still does not comply, MahaRERA can seek full details of their movable and immovable assets.

5. Recovery & Possible Penalty

A recovery warrant may be issued to the District Collector, and repeat offenders may face strict penalties under the updated guidelines.

Why This Update Matters for Homebuyers

This rule strengthens:

• Faster justice

• Strong RERA compliance for developers

• Transparent recovery process

• Better protection under real estate laws

Homebuyers now have a clearer recovery system with predictable timelines.

Esbee Realty’s Commitment to Trust & Compliance

At Esbee Realty, we fully support this new regulatory reform. As one of the reputable developers in Pune,  real estate Pune ensures strict adherence to RERA guidelines and transparent processes. All Esbee Realty projects, including developments in Esbee Realty Wagholi, follow ethical practices and timely construction schedules to offer homebuyers complete peace of mind.