MahaRERA Mock Test 100 MCQs

#1. Can MahaRERA decisions be challenged?

No, they are final

Yes, in the Appellate Tribunal

Yes, only in the High Court

Yes, directly in the Supreme Court

#2. Under MahaRERA, agents must refrain from selling projects that are:

Under litigation

Not registered with MahaRERA

Located in rural areas

High in cost

#3. Who can file a complaint under MahaRERA?

Only homebuyers

Builders and agents

Any aggrieved person

Municipal corporations

#4. What is the primary benefit of MahaRERA for homebuyers?

Lower property costs

Protection against delays and fraud

Free legal aid

Guaranteed loan approvals

#5. What is the penalty for misleading advertisements under MahaRERA?

Rs. 5 lakh

Rs. 10 lakh

10% of the project cost

Cancellation of project registration

#6. What is the duty of an allottee under MahaRERA?

To pay installments on time

To verify project details before purchase

To participate in decisions regarding project changes

All of the above

#7. Can ongoing projects at the time of RERA’s implementation be registered?

Yes, but only if the builder applies within a specific period

No, only new projects can be registered

Yes, ongoing projects are automatically registered

No, ongoing projects are exempt

#8. What is the appellate authority under MahaRERA called?

Central Tribunal for Real Estate

State Tribunal for Real Estate

Real Estate Appellate Tribunal (REAT)

RERA High Court Division

#9. If a buyer delays payments, can a promoter impose penalties?

Yes, as per the agreement

No, penalties are not allowed

Only if MahaRERA approves

Only after a legal notice

#10. Which document is mandatory for MahaRERA registration?

Income tax returns of the builder

Bank guarantee

Project commencement certificate

roperty tax receipt

#11. Which entity needs to register under MahaRERA?

Individual homebuyers

Builders and real estate developers

Tenants

Municipal corporations

#12. What is the maximum number of members in the MahaRERA Authority?

#13. What is the penalty for non-registration of a project under MahaRERA?

5% of the project cost

10% of the project cost

15% of the project cost

20% of the project cost

#14. What happens if the promoter does not comply with MahaRERA’s orders?

Penalty or imprisonment for up to 3 years

Blacklisting of the promoter

Project suspension

Permanent cancellation of RERA registration

#15. What is the validity of an agent’s MahaRERA registration?

1 year

3 years

5 years

10 years

#16. Appeals against the MahaRERA order can be filed with which body?

Civil Court

Real Estate Appellate Tribunal

Supreme Court

Central Government

#17. When was the RERA Act implemented in India?

2015

2016

2017

2018

#18. Which section of the Act provides penalties for false information submitted by the promoter?

Section 31

Section 35

Section 61

Section 67

#19. What is the maximum interest rate a builder can charge for delays as per MahaRERA?

10%

The same rate applicable to homebuyers

#20. Can allottees form an association or society for the project under MahaRERA?

Yes, it is a right

No, only the promoter can do so

Yes, but only after full possession

No, unless 75% of units are sold

#21. When can a promoter withdraw money from the escrow account?

Upon project approval

After completing specific stages of the project

Anytime with MahaRERA's approval

After selling 50% of the units

#22. What is the term of office for the Chairperson of MahaRERA?

2 years

3 years

5 years

6 years

#23. What is the penalty for misusing funds withdrawn from the escrow account?

Rs. 10 lakhs

Rs. 50 lakhs

5% of the project cost

As decided by MahaRERA

#24. Which section of the RERA Act details the promoter’s responsibilities?

Section 10

Section 11

Section 15

Section 20

#25. How long does the MahaRERA Authority take to grant or reject project registration?

7 days

15 days

30 days

45 days

#26. Which platform does MahaRERA provide for filing complaints?

Offline at the RERA office

MahaRERA online portal

Consumer court website

Promoter’s website

#27. What is the imprisonment term for non-compliance with MahaRERA orders?

6 months

1 years

2 years

3 years

#28. What is the maximum time the Tribunal can take to dispose of an appeal?

30 days

45 days

60 days

90 days

#29. Which state was the first to fully implement RERA?

Maharashtra

Gujarat

Karnataka

Tamil Nadu

#30. What is the time limit for filing an appeal to the Appellate Tribunal?

30 days

45 days

60 days

90 days

#31. Which of the following is the guiding principle of MahaRERA?

Consumer protection and transparency

Promoter profitability

Encouraging real estate investments only

Speedy possession of units without checks

#32. How long is the MahaRERA registration valid?

Indefinite

Till the project completion date

5 years

10 years

#33. What must all advertisements for MahaRERA-registered projects include?

Project cost

MahaRERA registration number

Builder’s PAN details

Landowner’s consent

#34. What is the penalty for filing frivolous appeals with the Appellate Tribunal?

Rs. 10,000

Rs. 25,000

Up to Rs. 1 lakh

As decided by the Tribunal

#35. Which section of MahaRERA deals with the Appellate Tribunal?

Section 40

Section 43

Section 50

Section 55

#36. Which body is responsible for monitoring and enforcing MahaRERA rules?

Ministry of Housing and Urban Affairs

MahaRERA Authority

SEBI

State Judiciary

#37. What is the time frame within which a buyer can withdraw from a project due to false advertising?

30 days

60 days

90 days

No specific limit

#38. What is the time limit for MahaRERA to resolve disputes?

30 days

60 days

90 days

120 days

#39. Under which section are offenses by companies dealt with?

Section 58

Section 69

Section 72

Section 74

#40. Which of the following is NOT a requirement for a real estate agent to register under MahaRERA?

Providing a PAN card

Submitting income tax returns

Declaring criminal records

Owning a real estate firm

#41. What does MahaRERA primarily aim to address in the real estate sector?

Delays in project completion

Lack of transparency

Disputes between buyers and promoters

All of the above

#42. Which of the following is NOT allowed in project advertisements under MahaRERA?

False promises

Logo of MahaRERA

Registration number

Accurate timeline for possession

#43. Which of the following projects is exempt from MahaRERA registration?

Projects covering less than 500 square meters

Projects with less than 8 units

Both a and b

None of the above

#44. What is the primary purpose of the escrow account under MahaRERA?

Tax deduction at source

Ensuring project funds are used for the specified project only

Profits for the developer

Distribution to stakeholders

#45. What percentage of funds in the escrow account can be withdrawn for project use?

50%

60%

Proportionate to project completion

Fixed amount as decided by MahaRERA

#46. Under which constitutional authority does MahaRERA operate?

Article 243

Article 254

Concurrent List, Entry 18

State List, Entry 6

#47. What is the penalty for a promoter who fails to register a project under MahaRERA?

Rs. 5 lakh

10% of the project cost

Rs. 1 crore

Rs. 50 lakh

#48. Which section of the RERA Act mandates the registration of real estate projects?

Section 3

Section 5

Section 8

Section 10

#49. When was the Real Estate (Regulation and Development) Act, 2016 implemented?

1st May 2016

1st June 2017

1st March 2018

1st January 2016

#50. What is the full form of MahaRERA?

Maharashtra Real Estate Registration Authority

Maharashtra Real Estate Regulatory Authority

Maharashtra Real Estate Renewal Authority

Maharashtra Real Estate Revenue Authority

#51. Which authority oversees the implementation of MahaRERA?

Central Government

State Government of Maharashtra

SEBI

Consumer Protection Board

#52. What is the penalty for agents who operate without MahaRERA registration?

Rs. 50,000

Rs. 1 lakh

Rs. 5 lakh

5% of the commission earned

#53. What is the application fee for MahaRERA registration based on?

Type of project

Land area and project size

Number of buyers

Builder’s reputation

#54. What is the maximum time frame within which a promoter must rectify structural defects after possession?

1 year

2 year

5 year

10 year

#55. What is the penalty for an agent practicing without MahaRERA registration?

Rs. 10,000

Rs. 50,000

Rs. 25,000 per day of violation

Rs. 5 lakh

#56. What is the main purpose of the MahaRERA Act?

Regulating agricultural transactions

Protecting homebuyers and promoting transparency in real estate

Collecting property taxes

Controlling rental agreements

#57. Under MahaRERA, homebuyers can seek compensation for delayed possession under which section?

Section 12

Section 15

Section 18

Section 20

#58. Can MahaRERA extend the registration of a project?

No, extensions are not allowed

Yes, for up to 1 year under reasonable circumstances

Yes, for any period with a promoter’s request

Only for government projects

#59. Who handles the initial level of dispute resolution under MahaRERA?

State High Court

Appellate Tribunal

MahaRERA Authority

Consumer Forum

#60. Under MahaRERA, who is responsible for maintaining accurate records of allottees and project funds?

The promoter

The chartered accountant

The escrow bank

MahaRERA Authority

#61. If a promoter continues to violate MahaRERA rules after a penalty is imposed, what can the Authority do?

Impose a higher penalty

Suspend or revoke the project registration

Issue a public notice

All of the above

#62. What is the penalty for a builder violating advertisement guidelines under MahaRERA?

Rs. 5 lakh

Rs. 10 lakh

5% of the project cost

10% of the project cost

#63. Can NRI buyers register complaints under MahaRERA?

Yes, through online portals

No, only Indian residents can

Yes, but only for luxury properties

No, they must use international forums

#64. Which document must a promoter share with allottees at the time of booking?

Draft sale agreement

Property tax receipt

Municipal permission letter

Builder’s financial report

#65. Can parties approach civil courts for disputes covered under MahaRERA?

Yes, at any time

No, unless all MahaRERA remedies are exhausted

Only with MahaRERA permission

Only for criminal cases

#66. Which provision of MahaRERA ensures confidentiality of certain information?

Section 35

Section 40

Section 60

Section 64

#67. What is the fee for filing an appeal with the Tribunal under MahaRERA?

Rs. 1,000

Rs. 5,000

Rs. 10,000

As decided by MahaRERA

#68. Which of these does MahaRERA primarily aim to prevent?

Project delays

Financial fraud

Misleading advertisements

All of the above

#69. What happens if an agent violates MahaRERA rules?

Cancellation of registration

Imprisonment

Fine or suspension

Both a and c

#70. Who appoints the members of the MahaRERA Authority?

Central Government

State Government

High Court

Consumer Protection Board

#71. Promoters are required to upload quarterly updates on the project’s progress on the MahaRERA website. Which of the following is NOT mandatory to include in the updates?

Number of units sold

Amount collected from buyers

Land cost details

Pending approvals

#72. Homebuyers can claim a refund if possession is delayed under which section of the Act?

Section 12

Section 16

Section 18

Section 20

#73. Under MahaRERA, an allottee is entitled to which of the following?

Timely possession of the property

Access to project updates

Compensation for delays

All of the above

#74. What is the maximum penalty for failure to comply with MahaRERA orders?

Rs. 1 lakh

Rs. 5 lakh

5% of the project cost

Imprisonment of 1 year

#75. Which section empowers the state government to establish MahaRERA?

Section 1

Section 20

Section 40

Section 84

#76. Does MahaRERA apply to plotted developments without construction?

Yes

Only for large plots

Only for registered plots

#77. MahaRERA applies to which type of properties?

Agricultural lands

Commercial and residential real estate projects

Industrial zones

Forest lands

#78. Who must certify withdrawals from the escrow account?

A legal advisor

A chartered accountant, engineer, and architect

The builder’s financial consultant

MahaRERA officials

#79. Which of the following is NOT regulated by MahaRERA?

Pricing of the property

Delivery timelines

Advertising standards

Project transparency

#80. Which section of the Act outlines the rights and duties of allottees?

Section 15

Section 19

Section 22

Section 25

#81. Which of the following rights do homebuyers have under MahaRERA?

Right to timely possession

Right to compensation for defects

Right to cancel the booking

All of the above

#82. Which document must an agent provide to prospective buyers?

Project registration number

Builder’s financial details

Landowner's background

Builder’s personal guarantee

#83. Which section provides for compensation due to incorrect information given by the promoter?

Section 10

Section 12

Section 15

Section 18

#84. Under MahaRERA, what is the penalty for providing false information?

5% of the project cost

10% of the project cost

15% of the project cost

Rs. 1 Crore

#85. What percentage of funds from the escrow account must remain unutilized for future project needs?

10%

20%

30%

70%

#86. What is the penalty for homebuyers providing false complaints under MahaRERA?

Rs. 10,000

Rs. 25,000

Rs. 50,000

As decided by MahaRERA

#87. Which is NOT an objective of MahaRERA?

To regulate project pricing

To ensure transparency

To resolve disputes

To hold promoters accountable

#88. Which section regulates advertisements under MahaRERA?

Section 12

Section 16

Section 19

Section 22

#89. Which section deals with the establishment of an Appellate Tribunal?

Section 40

Section 43

Section 50

Section 55

#90. What is the minimum percentage of project funds that must be deposited in a separate escrow account?

50%

60%

70%

80%

#91. Promoters must obtain the consent of how many allottees before altering plans or layouts?

50%

66%

75%

100%

#92. Can a party directly approach the Supreme Court against a MahaRERA decision?

Yes, at any time

No, only after exhausting other remedies

Yes, for criminal cases only

No, only the High Court can be approached

#93. Which section specifies the penalty for non-compliance with MahaRERA orders?

Section 38

Section 40

Section 63

Section 70

#94. What happens if the MahaRERA Authority does not respond to a registration application within the stipulated time?

The application is automatically approved

The application is rejected

The builder must reapply

The case is forwarded to the tribunal

#95. Who is the appellate authority for decisions made by the MahaRERA Authority?

State Civil Court

High Court

Real Estate Appellate Tribunal (REAT)

Supreme Court

#96. Who can file complaints under MahaRERA?

Homebuyers only

Promoters only

Homebuyers, promoters, and agents

Only agents

#97. Which document is NOT required for MahaRERA project registration?

Land title report

Project cost details

Environmental clearance certificate

Builder’s educational qualifications

#98. Which projects are covered under MahaRERA?

Residential projects only

Commercial projects only

Both residential and commercial projects

Only government projects

#99. Which section of MahaRERA mandates that the promoter must rectify structural defects reported by the buyer within 5 years of possession?

Section 11

Section 14

Section 18

Section 23

#100. Can a promoter advertise a project without MahaRERA registration?

Yes, with prior permission

Yes, but only on social media

Yes, if fewer than 50% of units are sold

Finish

Results

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MahaRERA Mock Test 100 MCQs

MahaRERA Mock Test

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