Real estate broking firm Sai Estate Consultants is in trouble once again. This time around, the MahaRERA chairperson has threatened to revoke their registration if they commit any violation in the future. The warning came after a senior citizen complained against the company after he did not receive a refund of Rs 15 lakh he'd invested in two flats through the broking firm.

According to real estate experts, this MahaRERA order clearly states no real estate agent will be authorised to market of any project until the developer does not feed details of the particular agent or firm on the MahaRERA portal against his registered project. The complaint which brought about this order was filed by Jayantilal Patel, 65. He stated in his plaint that Sai Estate Consultants (named as respondent 2) had published an advertisement on October 1, 2017 for various housing projects, including one by 'Origin' group which had the MahaRERA registration number P51800007441. Turns out, the registration number is of a project belonging to Vijaykamal Properties Pvt Ltd (named as respondent 1).