SquareFeatIndia

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Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
The Maharashtra government has released ₹456.69 crore under PMAY-U 2.0 BLC for the first installment of already approved houses across General, SC and ST categories to speed up construction for beneficiaries.

₹1,000 Crore Released Under PMAY-G: Maharashtra Allocates ₹600 Cr Centre Share, ₹400 Cr State Share for Rural Housing

Maharashtra has approved ₹1,000 crore under PMAY-G for 2025–26, with ₹600 crore from the Centre and ₹400 crore from the state to accelerate rural housing development.
MahaRERA has deregistered the Marvel Castella project in Pune after the promoters fully refunded all 22 homebuyers and cancelled their agreements citing financial difficulties. The Authority approved the request as no allottee raised any objection.

Homebuyers Alert: MahaRERA Rejects Tharwani Ariana Deregistration Bid Amid Contradictions

MahaRERA has rejected the deregistration of Tharwani Ariana Phase IV citing serious discrepancies and lack of proper allottee protection. Promoter faces ₹20,000 penalty. Know the full timeline and what buyers should check immediately.
Maharashtra government has approved a 15,000 sq ft land allotment to BJP’s Mumbai office on a 30-year lease, highlighting the strategic use of prime South Mumbai land.

Maharashtra Govt Allots Additional 15,000 Sq Ft Land to BJP Office in South Mumbai on 30-Year Lease

Maharashtra government has approved a 15,000 sq ft land allotment to BJP’s Mumbai office on a 30-year lease, highlighting the strategic use of prime South Mumbai land.
Maharashtra has sanctioned Rs 240 crore from the 1% stamp duty surcharge on property deals for distribution to 28 municipal corporations in 2026-27, with deductions made from three corporations towards pending water supply project loans and UIDF interest dues.

After 22 Years, Maharashtra Lifts Financial Restrictions on State Co-op Housing Finance Corporation

Maharashtra government has removed long-standing financial restrictions on its State Co-operative Housing Finance Corporation after it cleared all debts and returned to profit, boosting the housing finance sector.
In a significant ruling, MahaRERA has allowed fresh registration for Parinee Eminence Phase 1 under a new promoter while clarifying that previous homebuyers cannot enforce their agreements against the incoming developer. Old claims remain against the terminated promoter, with a lien created for protection.

New Builder Takes Over Stalled Andheri SRA Project; RERA Imposes Lien to Protect Homebuyers

MahaRERA has directed the new developer of Andheri’s Nest Wing B project to withhold full payment to the outgoing builder until old homebuyers’ dues are cleared. The February 2, 2026 order revives the stalled SRA scheme while keeping existing allottees’ claims alive against SSSC Escatics through a lien and abeyance of the old registration.