224+ property terms explained — national RERA terminology, regional land records (Fard, Jamabandi, 7/12, Patta), property documents, financial terms, and state-specific real estate vocabulary.
In RERA context, refers to the State Real Estate Regulatory Authority constituted under Section 20 of RERA Act 2016 — e.g. HRERA (Haryana), MahaRERA (Maharashtra), UP-RERA.
Mandatory certification for real estate agents in Maharashtra issued by MahaRERA. Agents must complete 20 hours of training with an empaneled provider and pass an IBPS exam.
City Survey Number — a unique identification number assigned to urban properties in Maharashtra (and some other states) for tax and records purposes. Shown on property card.
Legal process in Maharashtra where a housing society can get its property conveyed by developer even if developer is uncooperative — under Maharashtra Ownership Flats Act (MOFA).
Industrial unit or workshop space — commonly used term in Maharashtra for industrial gala (unit). Also refers to shops in older market areas.
Inspector General of Registration — the authority responsible for property registration in most Indian states. In Maharashtra, IGR Maharashtra oversees stamp duty and registration. Portal: igrmaharashtra.gov.in.
Document from the Sub-Registrar in Maharashtra that records details of all registered documents related to a property. Used to trace ownership history. An important due diligence document.
Document issued by Mumbai BMC to a developer indicating what permissions are still required for construction. Precedes commencement certificate. Important in Mumbai real estate.
Arrangement under Maharashtra Rent Control Act where owner grants licensee the right to use property without creating tenancy. Used extensively in Mumbai. Typically 11 months, renewable.
Maharashtra Real Estate Regulatory Authority — state RERA for Maharashtra. Official portal: maharera.maharashtra.gov.in. Has over 50,000 registered agents. Has mandated the Certificate of Competency (COC) for all agents.
State law in Maharashtra governing the sale and purchase of flats/apartments — including disclosure requirements, formation of cooperative housing societies, and conveyance of land to the society. Works alongside RERA.
Land ownership document used for urban properties in Maharashtra (and some other states). Maintained by City Survey department. Shows ownership, area, encumbrances, and use.
The primary land record document in Maharashtra — shows land ownership, area, classification, and cultivation details. Maintained by revenue department. Essential for any rural or agricultural land transaction in Maharashtra.
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