Browsing Tag

lapsed projects

6 posts
MahaRERA

MahaRERA Suspends Registration of 1,950 Real Estate Projects for Non-Compliance

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registration of 1,950 lapsed housing projects due to non-compliance with regulatory norms. Developers failed to provide updates on their projects’ status, resulting in frozen bank accounts and restricted transactions. With responses received from 5,324 projects, MahaRERA continues its crackdown on errant developers to ensure transparency and protect homebuyers’ interests in the real estate sector.
MahaRERA

MahaRERA Cracks Down on 11,000 Lapsed Housing Projects

MahaRERA has issued show cause notices to nearly 11,000 lapsed housing projects across Maharashtra, urging developers to submit Occupancy Certificates or seek deadline extensions within 30 days. Non-compliance could result in project suspension, restricted flat sales, and frozen bank accounts.
MahaRERA

MahaRERA asks Developers to mediate with Developers of lapsed housing projects

A matter of concern for MahaRERA is the closed and near-closed housing…
MahaRERA

In 3 Months MahaRERA Bars 648 Realty Projects to Sell or Advertise homes

By Varun Singh In the first three months of the year 2022,…
MahaRERA

406 Realty Projects in 2021 were stopped from selling flats

Since 2017, a total of 2,862 realty projects across the state of…