MahaRERA has turned down promoter Anil Tharwani’s request to cancel the registration of Tharwani Ariana Phase IV, citing incomplete disclosures, missing buyer protections, and direct contradictions in the promoter’s own statements. The order, issued by Chairperson Manoj Saunik on 10 March 2026, leaves the original 2017 registration active and imposes a ₹20,000 penalty on the promoter.

Chronological Sequence of Events

Here’s exactly how the case unfolded:

  • August 2017: Tharwani Ariana Phase IV is registered with MahaRERA (Registration No. P51700007834).
  • 30 November 2020: The promoter files a declaration stating “no bookings accepted and no construction commenced” and promises to apply for fresh registration only if the project restarts.
  • 9 August 2022: A second registration (P51700047534) is obtained for the same land parcel — later claimed as an “inadvertent employee error” during the post-COVID transition.
  • 30 September 2024: The promoter applies to deregister the original 2017 project, saying the duplicate was a mistake.
  • 27 October 2025: MahaRERA hears the case and directs the promoter to submit full booking details, allottee contacts, payment status, settlement proofs (if any), and proper consents.
  • 10 March 2026: The application is rejected. Promoter ordered to pay ₹20,000 cost within 30 days; fresh application allowed only after compliance.

Why MahaRERA Said “No”

The Authority found several serious issues:

  • Only 47 out of 60 allottees gave consent — and even those consent letters did not mention that the purpose was deregistration.
  • The 60 bookings directly contradict the promoter’s 2020 “no bookings” declaration.
  • Two different commencement certificates were filed for the same project, with no explanation.
  • Quarterly Progress Reports (QPRs), Form 3 and Form 5 were never updated under the original registration — everything was uploaded only under the new number.
  • Complete details of money received and current status of each booking were never placed on record.

Without these basic facts, MahaRERA said it could not confirm that homebuyers’ rights and interests had been protected.

What This Means for Homebuyers

If you have booked a flat in Tharwani Ariana Phase IV:

  • The original 2017 registration is still valid and active.
  • Check the MahaRERA portal right now under both registration numbers (P51700007834 and P51700047534).
  • Verify your agreement, payments, and the latest quarterly progress report.
  • If you have not received proper communication or have any pending issues, you can approach MahaRERA directly.

The promoter can file a fresh application once all documents and the ₹20,000 cost are submitted, but until then the project remains under regulatory scrutiny.

This case is a clear reminder: always monitor your project’s RERA compliance — because buyer protection comes first.

Also Read: MahaRERA Orders Full Refund with Interest to Homebuyer for Possession Delay

You May Also Like

Mumbai Real Estate Clocks 14-Year High: Property Registrations Cross 1.5 Lakh Mark in 2025

Mumbai’s real estate market delivered its strongest performance in over 14 years…

Luxury Housing Unsold Stock Rises 10%.

Luxury housing demand is losing the steam. At least 89,200 luxury units…

Key Real Estate Trends in 2024: Rapid Urbanization, Demographic Shifts, and Rising Foreign Investment

In 2024, India’s real estate market continues to thrive with robust demand in both luxury and affordable housing sectors. Manju Yagnik, Vice Chairperson of Nahar Group, highlights trends such as the rising focus on green living, increasing infrastructure investments, and urbanization. With Maharashtra’s infrastructure projects transforming the region, the year is set to close as the best in terms of real estate performance, driven by economic growth and strong fundamentals.

Colliers transacts ~1000-seater premium managed workspace for Ninjacart at IndiQube, Bangalore

In a recent development, Colliers, areal estate professional services firm, has transacted…