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MahaRERA -Registration cancelled for 13,785 real estate agents

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cancelled the registration of 13,785 real estate agents who failed to renew their licenses.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cancelled registration of 13,785 real estate agents as they failed to renew their license received back in 2017.

These agents are required to complete the prescribed training and obtain certification if they wish to operate as property brokers again, the regulator said in a release.

The real estate regulator has made the data public by uploading the list of these close to 14,000 real estate agents on the website.

Of the 13,785 delisted brokers, the highest number of agents are from Mumbai city and Mumbai suburbs put together at 6,291, followed by Thane at 3,075 and Pune at 2,349.

While several new agents have signed up and registered with MahaRERA, the overall numbers have dwindled owing to non-renewal.

Recently, the regulator held the fourth round of examination for real estate agents. A total of 1,767 candidates appeared for the test and 1,527 cleared the same.

SourceETREALTY
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