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MahaRERA

264 posts
MahaRERA

After a Decade of Waiting, MahaRERA Orders Homebuyer to Settle Remaining Payment for Flat Booking

On October 17, 2024, MahaRERA issued a significant order in the case of Rajendra Bhabutmal Shah vs. Shatrughan Bhanudas Chavare, instructing the homebuyer to pay the outstanding balance for a flat booked nearly ten years ago. This decision emphasizes the need for adherence to contractual commitments in real estate dealings.
Court Order

314 Housing Projects in Maharashtra Facing Insolvency

A total of 314 housing projects in Maharashtra are undergoing insolvency proceedings, prompting MahaRERA to release a public list to safeguard homebuyers. The ongoing, lapsed, and completed projects have significant investments at stake, highlighting the need for transparency and informed decision-making in the real estate sector.

Need for Housing Stock Through PPP: BMC Commissioner

At the HOMETHON Property Expo 2024, Dr. Bhushan Gagrani, Commissioner of BMC, stressed the urgent need for public-private partnerships to enhance housing stock in Mumbai as old buildings await redevelopment. Industry experts advocated for reduced premiums and greater knowledge dissemination to navigate the complexities of urban redevelopment effectively.
MahaRERA

MahaRERA Temporarily Reverts to Old Website Amid Technical Challenges

MahaRERA has announced a temporary switch back to the old MahaIT website starting October 5 due to ongoing technical difficulties with the new MahaCRITI platform, ensuring that stakeholders can access necessary services during the busy Diwali and Dussehra season.
Court Order

Recovery Warrants Worth Rs 544 Cr Issued by MahaRERA

As of August 31, 2022, MahaRERA issued 885 recovery warrants across Maharashtra, totaling ₹544.53 crore in outstanding amounts. This article provides a detailed district-wise breakdown, highlighting the challenges in compliance within key real estate markets, including Mumbai, Pune, and Thane.