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maharashtra

32 posts
MahaRERA

MahaRERA Recovers ₹200.23 Crore as Compensation for Homebuyers

MahaRERA has recovered Rs 200.23 crore in compensation for homebuyers, enhancing recovery efforts with the appointment of retired Tahsildars in Mumbai suburban and Pune. The authority is working to ensure developers meet compensation orders for delayed or incomplete real estate projects.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Maharashtra’s Property Market Eyes Major Reforms With Formation of the New Government

As the Mahayuti alliance prepares to form the new government in Maharashtra, the real estate sector is anticipating major reforms aimed at reshaping the industry. Key industry leaders are calling for streamlined project approvals, improved infrastructure connectivity, and policies supporting affordable housing and luxury developments. These reforms are expected to drive economic growth, foster sustainable urban development, and position Maharashtra as a leading investment hub on the global real estate map.
MahaRERA

MahaRERA Invites Objections to De-Registration of Macrotech and Raheja Projects Along with 17 Others

MahaRERA has issued a notice inviting objections to the de-registration of 19 real estate projects, including prominent developments by Macrotech Developers and K Raheja Corp. Stakeholders are encouraged to submit objections by 12th December 2024, ensuring transparency in the real estate sector.
MahaRERA

MahaRERA Clarifies Approval Process for Promoter Rights and Liabilities

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that promoters can change their organizational structure without needing prior consent from two-thirds of allottees. This move, stemming from Circular Nos. 24/2019 and 24A/2021, aims to streamline processes and enhance operational efficiency in the real estate sector while ensuring that allottee rights remain protected.
MahaRERA

MahaRERA’s Conciliation Forum Redresses 1,749 Complaints

MahaRERA’s Conciliation Forums have redressed 1,749 complaints from homebuyers, emphasizing timely and amicable resolutions. With 533 ongoing hearings and expanding operations, the initiative is gaining traction both within Maharashtra and in other states seeking to adopt similar models.