It is illegal for developers to continuously market or sell plots without a MahaRERA registration if the project exceeds 500 sqm or 8 plots. Buying them places you at extreme risk of litigation and municipality demolition.

No. Nationalized banks (SBI, HDFC, ICICI) have strictly mandated that they will only fund plot purchases that have a valid RERA registration, a sanctioned PMRDA/PMC layout, and an individual 7/12 extract.

Because RERA requires 100% title clearance, mandatory financial escrow accounts to prevent fund diversion, and strict penalties for delayed amenity delivery. Many local layouts fail these rigorous transparency tests.