MahaRERA has introduced a landmark reform aimed at strengthening homebuyer protection, improving transparency, and ensuring faster resolution of disputes in Maharashtra’s real estate sector. The newly launched MahaRERA 60-Day Rule, part of the broader MahaRERA SOP 2025, mandates that developers must complete all compensation-related payments—whether interest, refund, or penalty—within 60 days of the issued MahaRERA order.

This reform is a crucial step under the evolving real estate regulations of the Maharashtra framework, bringing accountability, predictability, and discipline to a sector where delays have historically been a major concern for homebuyers.

What the 60-Day Compensation Rule Means

The core of this reform revolves around simplifying and speeding up the compensation process for homebuyers. Under the new MahaRERA compensation guidelines, once an order is passed in favor of a buyer—such as delayed possession, penalty refund, or interest payment—the developer is legally obligated to make the payment within a strict 60-day timeline.

This is a significant shift from earlier patterns where compensation orders often took months or even years to be executed. The implementation of a fixed timeline builds confidence in the regulatory system, ensuring that homebuyers do not feel helpless after receiving a favorable order.

How It Works

• A homebuyer files a complaint with MahaRERA.

• After review and hearings, MahaRERA issues an order directing the developer to compensate.

• From the date of the order, the developer gets 60 days to process and deliver the payment.

• If the developer fails, the homebuyer can immediately escalate the matter through the MahaRERA portal.

This system avoids unnecessary delays and ensures that the enforcement side of RERA becomes as strong as its regulatory side.

Key Features of the MahaRERA SOP 2025

The 2025 Standard Operating Procedures introduced by MahaRERA focus on enforcement, compliance, and transparency. Some of the most impactful features include:

1. Mandatory 60-Day Refund & Compensation

The new rule makes it compulsory for developers to settle all dues within 60 days without any extensions or exceptions. Whether it is a refund due to project cancellation, delayed possession penalties, or interest payments—everything must be completed in this timeframe.

This directly strengthens the 60-Day Refund Rule in Maharashtra, creating a uniform standard across the state.

2. Simple and Transparent Non-Compliance Filing

Previously, buyers struggled with lengthy procedures when developers failed to comply. Under the new SOP, homebuyers can file a non-compliance application directly through the MahaRERA portal with minimal documentation.

This digital filing:

• Saves time

• Reduces paperwork

• Offers a direct tracking mechanism

The simplicity of this process ensures more buyers come forward to enforce their rights.

3. Faster Hearing and Resolution

One of the major upgrades brought by the new MahaRERA rules for builders is the expedited hearing cycle. Cases filed for non-compliance will now be taken up in approximately four weeks, providing a swift resolution system.

Faster hearings mean:

• Less backlog

• Better efficiency

• Quicker justice for buyers

This is one of the most buyer-friendly updates within the SOP 2025 framework.

4. Mandatory Developer Asset Disclosure

If the developer continues to ignore the compensation order, MahaRERA now has the authority to demand complete disclosure of the developer’s movable and immovable assets.

This includes:

• Bank accounts

• Properties

• Business assets

• Vehicles

• Any financial holdings

This transparency helps the authority track, evaluate, and initiate recovery directly from the developer’s resources if needed.

5. Stronger Recovery Procedures & Penalties

If compensation is still not paid, MahaRERA can request a recovery warrant through the District Collector. This transforms the RERA order into a legally enforceable recovery action similar to revenue recovery processes.

Additionally:

• Repeat offenders can face heavy penalties

• Projects may be restricted from further sales

• Developer registration may be impacted

This sends a clear message that non-compliance is no longer an option.

Why This Update Matters for Homebuyers

The introduction of the 60-day rule marks a new era of accountability in Maharashtra’s real estate sector. Here’s why it is crucial for homebuyers:

1. Faster Justice

With strict timelines and faster hearings, buyers no longer have to wait endlessly for rightful compensation.

2. Stronger Compliance Expectations

Developers must now adhere more strictly to RERA regulations, making the sector more disciplined.

3. Transparent Recovery Mechanism

Buyers gain complete clarity on how compensation will be enforced, including escalation steps and recovery actions.

4. Greater Confidence in Real Estate Transactions

This reform encourages smoother, more trustworthy relationships between developers and homebuyers—something essential for long-term growth in the housing market.

5. Reduction in Prolonged Disputes

Time-bound actions reduce court burden, dispute fatigue, and financial stress for buyers.

Esbee Realty’s Commitment to Trust & Compliance

As a trusted name in Pune’s real estate market, Esbee Realty fully supports MahaRERA’s 60-day rule. Our commitment has always been centered around ethical development, timely delivery, and 100% RERA compliance.

All Esbee Realty projects—including our developments in key growth locations like Wagholi, Hadapsar, and East Pune—follow strict regulatory standards and customer-centric processes.
The new MahaRERA guidelines reflect the very principles we practice: transparency, accountability, and creating long-term value for homebuyers.

With every project, we aim to provide peace of mind, trust, and a seamless home-buying experience