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Tarbell had left Playboy in 1976 and gotten her real estate license, buying her first investment property in Chicago. Four years later, she moved to New Hampshire, and in 1994, she started her own real estate company, JTRealty. She recently sold it to ...


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Join The Smart City Revolution India Realty Congress India Realty Congress ETRealty Business Forum RealtyTV Residential Commercial Retail Hospitality Regulatory Industry Infrastructure Money Matters Allied Industries More #featured_leaderboard img{max-width:inherit;}#featured_leaderboard{text-align:center;}{"@context":"http:\/\/schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https:\/\/realty.economictimes.indiatimes.com","name":"Real Estate News"}},{"@type":"ListItem","position":2,"item":{"@id":"https:\/\/realty.economictimes.indiatimes.com\/latest-news","name":"Latest Real Estate News"}},{"@type":"ListItem","position":3,"item":{"@id":"https:\/\/realty.economictimes.indiatimes.com\/news\/industry","name":"Industry"}},{"@type":"ListItem","position":4,"item":{"@id":"http:\/\/timesofindia.indiatimes.com\/city\/pune\/rera-boon-for-real-estate-agents\/articleshow\/59242426.cms","name":"Why RERA is proving to be a boon for real estate agents in Pune?"}}]}Real Estate NewsLatest Real Estate NewsIndustry {"@context":"http:\/\/schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https:\/\/realty.economictimes.indiatimes.com\/news\/industry\/why-rera-is-proving-to-be-a-boon-for-real-estate-agents-in-pune\/59245664"},"headline":"Why RERA is proving to be a boon for real estate agents in Pune?","datePublished":"Wed, 21 Jun 2017 10:30:01 +0530","dateModified":"Wed, 21 Jun 2017 10:30:01 +0530","articleBody":"PUNE: The Real Estate Regulatory Act (RERA) is proving a boon for agents in the city.Over 1,200 have registered themselves under the act, providing a platform to authenticate their businessThey were feeling left out because of lack of registration.RERA came into force on May 1.The state government has set up a website for online registration of projects.Under RERA rules, builders and real estate agents have been given three months to register their projects with the regulator or face penaltyAfter the 90-day period, those failing to register would be considered delinquent and face severe action.“The initiative is goodThe law has been made nowSo, registration is a mustThe wrong elements that have come in the real estate brokering will be weeded out by this step,” said G N Namah, a real estate agent.Chand Sayyad, another agent, said steps should be taken to promote the initiative among citizens“There are many legal aspects while dealing in propertiesThe guidance of lawyers is a mustBut even agents play a major roleThe registration will help in identifying the genuine agents,” he said.As per officials, over 1,200 people have registered in the Pune divisionAn official said a suo motu action was taken against an agent recently for advertising wrongly to send across a message to the fraternity that they should not take things for granted.MahaRERA, in its first action imposed a fine of Rs1.2 lakh on the real estate consultant for advertising an unregistered project, thereby misleading consumersThe agent was told to tender an apology and restrained from indulging in misleading ads.Activists feel the new act will serve the purpose if public pressure is exerted for implementation“There is no control on agentsThey cannot be charged under any specific act because there is no such act in existenceRERA can fill up that gap and keep watch on fly by night real estate firms,” said Vivek Velankar, the founder of the Sajag Nagrik Manch.","keywords":"","url":"https:\/\/realty.economictimes.indiatimes.com\/news\/industry\/why-rera-is-proving-to-be-a-boon-for-real-estate-agents-in-pune\/59245664","articleSection":null,"description":"Over 1,200 have registered themselves under the act, providing a platform to authenticate their businessThey were feeling left out because of lack of registration.","author":[{"@type":"Person","name":"ET RealEstate","url":"https:\/\/realty.economictimes.indiatimes.com"}],"publisher":{"@type":"Organization","name":"TNN","logo":{"@type":"ImageObject","url":"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/realty-logo-square-v3-min.jpg","width":60,"height":60}},"image":[{"@type":"ImageObject","url":"https:\/\/etimg.etb2bimg.com\/thumb\/msid-59245664,width-700,resizemode-4\/.jpg","width":700,"height":525}]} Industry »MahaReraRERAreal estate brokersreal estate agentsPuneWhy RERA is proving to be a boon for real estate agents in Pune?Over 1,200 have registered themselves under the act, providing a platform to authenticate their businessThey were feeling left out because of lack of registration.TNN  |  June 21, 2017, 10:30 IST Newsletter A A PUNE: The Real Estate Regulatory Act (RERA) is proving a boon for agents in the city.Over 1,200 have registered themselves under the act, providing a platform to authenticate their businessThey were feeling left out because of lack of registration.RERA came into force on May 1.The state government has set up a website for online registration of projects.Under RERA rules, builders and real estate agents have been given three months to register their projects with the regulator or face penaltyAfter the 90-day period, those failing to register would be considered delinquent and face severe action.“The initiative is goodThe law has been made nowSo, registration is a mustThe wrong elements that have come in the real estate brokering will be weeded out by this step,” said G N Namah, a real estate agent.Chand Sayyad, another agent, said steps should be taken to promote the initiative among citizens“There are many legal aspects while dealing in propertiesThe guidance of lawyers is a mustBut even agents play a major roleThe registration will help in identifying the genuine agents,” he said.As per officials, over 1,200 people have registered in the Pune divisionAn official said a suo motu action was taken against an agent recently for advertising wrongly to send across a message to the fraternity that they should not take things for granted.MahaRERA, in its first action imposed a fine of Rs1.2 lakh on the real estate consultant for advertising an unregistered project, thereby misleading consumersThe agent was told to tender an apology and restrained from indulging in misleading ads.Activists feel the new act will serve the purpose if public pressure is exerted for implementation“There is no control on agentsThey cannot be charged under any specific act because there is no such act in existenceRERA can fill up that gap and keep watch on fly by night real estate firms,” said Vivek Velankar, the founder of the Sajag Nagrik Manch.RELATED RERA timeline: Chronology of events leading to regulation of realty sector Newsletter A A Tags : Industry, MahaRera, RERA, real estate brokers, real estate agents, Pune Set request data..................-->  Comment on this Recommended by ColombiaSponsored Stories Subscribe ETRealty Newsletter 100000+ Industry Leaders already read it everyday function callContentWidget2(link) { if(link) { var wgt_html = '; setWidgetContSize2(); $('#cont_widgt_hp2').append(wgt_html); } } window.addEventListener("resize", function(e) { var mapElement = document.getElementById("cont_widgt_hp2"); setWidgetContSize2() }); function onContWdgtHp_iframeLoaded2() { $("#cont_widgt_hp2 .preloader_1").hide(); $url = $('#cont_widgt_hp2_iframe').attr('src'); $urldomain = 'http://'+($(').prop('href', $url).prop('hostname')); if($urldomain == base_url) $('#cont_widgt_hp2_iframe').height($('#cont_widgt_hp2_iframe').contents().height()); else if($url.indexOf("ms-widget") !=-1 && $url.indexOf("type=widgetv2") !=-1) $('#cont_widgt_hp2_iframe').height('655px'); try { ga('send', 'event', 'ContentWidgetIframe', 'Loaded',$url, { nonInteraction: true }); } catch(err) { } } function setWidgetContSize2() { } .fullWidthWidget{ margin:0 -20px 20px; } .preloader_1 { position: absolute; z-inde:1; width: 160px; height: 24px; left: 50%; top: 50%; margin: -12px 0 0 -80px; display: block; background: url(https://st.etb2bimg.com/Themes/Release/images/responsive/loader-transparent.gif) no-repeat 0 0; } @media screen and (max-width:999px) { .fullWidthWidget{ margin:0 -10px 10px; } } Most Read This WeekThis Month RMZ buys back $1 billion shares, blocks EmbassyThe holding company, RMZ Infotech (RIPL), operates about 24 million sqft of fully leased office buildings with a projected net operating income of Rs 2,000 crore annuallyOwners of multiple flats used as single unit can get I-T break: ITATAppellate Tribunal asks MahaRERA to initiate action against architect for incorrect certificateMumbai: Director of Kunal Developers arrested for cheating Chintan Lifestyle of Rs 101 croreEOW registers FIR against Delhi's ABW InfrastructureMaharashtra finally clears way for drop in stamp duty on real estate saleThe state revenue and forest department has issued the Bombay Stamp (Determination of True Market Value of Property) (1st Amendment) Rules, 2018 that will allow the CCRA for the first time to either increase or decrease the RR rates.Construction of houses under PMAY-Gramin sees nearly 200% jump in last four yearsVirat Kohli scraps Rs 34 crore deal for Mumbai luxury apartmentShapoorji Pallonji interested in buying Unitech's arm for Rs 110 croreBombay HC halts possession of any flat in 'Omkar 1973' Most Read in IndustryThis WeekThis Month Mumbai: Director of Kunal Developers arrested for cheating Chintan Lifestyle of Rs 101 croreDLF buys Madras Race Club land for Rs 360 croreMirae Assets readies $500 million arsenal to invest in Indian real estateEmbassy to invest $1 billion on warehousing space: CEOMaharashtra finally clears way for drop in stamp duty on real estate saleMahendra Singh Dhoni sues Amrapali group over Rs 150 crore duesDosti-Suraksha JV to acquire Jaypee Infra for Rs 7,350 croreCompanies offload real estate as CXOs opt for fatter salariesDubai's Emaar Properties appoints Hadi Badri as MD of India business Follow ETRealty///SEO FOOTER ›PE investments into real estate up a tad in first 9 months / MahaRERA dismisses investor's plea against builder / Ultratech Cement profit dips by 53% in Q2 2017 / DB Realty to raise stake in DB (BKC) Realtors / Now, register your property online in Noida and Greater Noida / Milestone Capital looks to raise up to Rs 1,000 crore to invest in warehousing / Amazon leases 4.5 lakh sq ft of office space in Chennai / LIC Housing withdraws NCLT plea against DB Realty / Moody's confirms Lodha's B2 rating; outlook stable / Citibank sells Chennai land to TIL Healthcare for Rs 80 croreEditor's Picks ›Strengthening urban local bodies is key to India’s economic growth: Housing Minister / Corporate invests heavily on technology to better utilise workplaces: Survey / To successfully operate in low-cost housing, collections of loan instalments is key: DS Tripathi, Aadhar Housing Finance / Bengaluru- preferred city for office expansion in Asia Pacific: Survey / Berger Paints to invest Rs 150 crore to setup plant near Lucknow / EOW registers FIR against Delhi's ABW Infrastructure / Relief under GST to be for future residential projects: Report / BHIVE’s co-founder MK Ravindra joins Shriram Properties / EOW registers FIR against Delhi's ABW Infrastructure / SC picks next six Amrapali’s projects for completionFeatures ›Trends / IndustrySpeak / City / Careers / Data & Analytics / RealtyTV / New Businesses / Technology / RealtyCheck / Delhi-NCR / Mumbai / Pune / Chennai / Hyderabad / Kolkata / Ahmedabad / Social AnalyticsOther B2B News Sites ›Retail News / Auto News / Health News / Telecom News / Energy News / IT News / Marketing & Advertising News / Technology News / CFO News / IT Security News About Us / Contact Us / Advertise with us / Newsletter / RSS Feeds / Embed ETRealty.com Widgets on your Website / Invite Friends / Enroll Company Employees Privacy Policy / Terms & Conditions / Guest-Post 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