India, June 6 -- In another move to protect homebuyers and ensure transparency in builders' projects, state housing regulator MahaRERA has decided to issue registration certificates that will contain crucial details about housing projects.

The information includes the project's total built-up area, the number of wings, buildings and their names, the commencement certificate showing the number of approved habitable floors, the number of residential and non-residential units and the total number of car and bike parking slots along with the developer's name and address. At present, the registration certificate mentions only the builder's name and project address in a single line.

In a press release, the housing regulator said that buyers a...