Soon, Real estate projects in Maharashtra will be mapped on the Geographical Information System (GIS). As the Maharashtra Real Estate Regulatory Authority (MahaRERA) completes one year, it is in the process of developing a new feature on its website where all registered projects will be mapped onto the system. While CM Devendra Fadnavis had last year announced that real estate projects would be mapped on GIS, the project is finally taking off now. Once operational, the feature will allow prospective buyers to look at projects available in their area of interest, the details of the projects as well as social amenities in the vicinity.
Since the RERA had come into force, the Act has made it mandatory for new and ongoing projects to register with the regulatory body, leading to the creation of a database of projects. Currently, around 15,900 projects are registered on the MahaRERA website. While the database has helped streamline the real estate industry, the new GIS-enabled platform is expected to further organize the sector. “We are using technology to make it more seamless for home buyers to find the right home of their choice. The projects will appear as pins on the map and buyers can filter through the options easily,” said Gautam Chatterjee, Chairperson of MahaRERA.