Tag: MahaRERA

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Maharashtra to Get Authority for Redevelopment Oversight

PUNE: The state housing department is expected to soon finalize the establishment of an independent authority similar to MahaRERA, aimed at providing a structured, transparent, and accountable framework for supervising redevelopment projects throughout Maharashtra. Members of the advisory committee stated that the initiative follows comprehensive feedback from housing society federations and associations. Committee chairman Rajendra Mirgane informed TOI that recommendations have already been submitted, and a notification will be issued shortly. The demand for such an authority has escalated, particularly as Maharashtra experiences a rise in redevelopment and self-redevelopment activities. Mirgane explained that this proposed authority will create a systematic…

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Developer, 7 Others Arrested for Selling Mortgaged Flats

PUNE: The Dehu Road police have filed a case against a developer from Malinagar in Dehu and seven accomplices, accused of defrauding eight homebuyers of ₹1.84 crore by selling flats that were already mortgaged to a credit society. A complaint was lodged by one of the flat owners with the Dehu Road police against the developer and his associates. An officer stated that the complainant and seven others purchased flats within the housing complex in Malinagar between 2021 and 2023. The scam was uncovered in May 2025 when other residents alerted the complainant that the developer had secured a loan…

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MahaRERA resolves 5,267 complaints in 10 months, vows timely hearings

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) addressed 5,267 complaints between October 2024 and July 2025, officials announced on Monday. They added that all cases filed by the end of July either received their initial hearings or were scheduled. Homebuyers typically approach the authority over issues such as delayed possession, subpar construction, or missing amenities. To accelerate grievance resolution, MahaRERA chairman Manoj Saunik, along with members Mahesh Pathak and Ravindra Deshpande, has initiated a new protocol where hearings are scheduled within one to two months of a complaint being registered. This represents a significant improvement from past delays that…

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Maharashtra REAT Cancels MahaRERA’s Possession Date Extension

MUMBAI: The Maharashtra Real Estate Appellate Tribunal (MREAT) has overturned a prior ruling by MahaRERA that had extended the possession deadline for a Navi Mumbai project. In its updated decision, MREAT underlined that such unapproved extensions from the developers, without the homebuyers’ consent, are illegal. This case involves homebuyers Neha and Nitin Walavalkar, who have been expecting possession of their flat since December 2017. In a modification of MahaRERA’s February 2024 order, MREAT clarified that the unilateral extension of the possession date had effectively changed the conditions of the original sale agreement, which is not permissible by law. MREAT ordered…

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MahaRERA Freezes Accounts, Suspends 4,812 Lapsed Projects

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended registrations for 4,812 housing projects statewide since July, freezing their bank accounts because developers failed to update construction progress or request extensions despite multiple reminders. The majority of suspended projects are in major urban areas, with Pune leading at 1,219 suspensions, followed by Thane (535), Raigad (465), Mumbai suburban (438), and Palghar (377). These projects will now be barred from property transactions, and developers could face penalties up to ₹50,000 for non-compliance. This action follows a crackdown initiated in December when MahaRERA identified 10,773 projects lacking updated timelines. “Many developers…

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MahaRERA to issue warrants in ₹90 crore Palais Royale case

MUMBAI: The MahaRERA adjudicating officer has issued four warrants aimed at recovering approximately ₹90 crore in interest from Honest Shelters Pvt Ltd, the current promoters of the Palais Royale project in Worli. The warrants pertain to four flats in the project, following an application from IIFL Finance Ltd regarding non-compliance with a January 16 directive. The officer also issued warrants for delayed possession concerning three additional flats associated with IIFL in the same development. The adjudicating officer, Ashok Alaspurkar, issued the orders on various dates, including August 4, July 28, and July 27, to recover different interest amounts related to…

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MahaRERA Offers Physical and Virtual Hearings After HC Order

PUNE: On Saturday, the Maharashtra Real Estate Regulatory Authority (MahaRERA) announced that it provides both physical and virtual options for hearing complaints, allowing parties to appear in person upon request. This statement comes in light of a recent directive from the Bombay High Court urging MahaRERA to reinstate hybrid hearings, emphasizing that access to justice should encompass the option for physical presence. “We regularly offer physical hearings to those who choose this option. While virtual hearings are more favored, we ensure that no one is excluded from attending physically,” a senior official from MahaRERA stated to TOI. The court’s ruling…

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MahaRERA Lists 1,244 ‘Under Abeyance’ Projects in Pune

Representative image created by AI PUNE: The Pune district is facing a significant issue with 1,244 real estate projects currently under ‘abeyance’ as designated by MahaRERA, disallowing any new bookings or sales. This status indicates that these projects have either not received completion certificates or have failed to secure deadline extensions, leaving many buyers with their investments in limbo. One impacted buyer, an IT professional after 11 years, has yet to take possession of his apartment in a project located at the Sinhagad foothills. Despite several favorable orders from MahaRERA, the project remains incomplete, and a refund has not been…

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Maharashtra RERA Halts Details of Project in Abeyance

MUMBAI: Home buyers and advocates are facing challenges accessing information on projects currently suspended on the MahaRERA website. Upon attempting to retrieve project details, they encounter a message indicating the project is in abeyance and that associated bank accounts are frozen. Critical information including completion dates, occupancy certificates, approval status, and previous orders is unavailable to home buyers. Advocates argue that without public access to important documents like Form 4, project approvals, and historical MahaRERA or appellate orders, home buyers may struggle to seek legal remedies. Nonetheless, MahaRERA representatives stated that home buyers can request project information directly via email.…

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MahaRERA Initiates Statewide Verification of Developer OCs

Certainly! Here’s a rewritten version of the content you provided: PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has launched a statewide verification process for 2,600 Occupancy Certificates (OCs) submitted by developers through its official portal. These certificates are being sent to the relevant planning authorities for validation to prevent any potential discrepancies or forgeries, as reported by officials on Saturday. This initiative follows the repercussions of the Dombivli scam, where developers allegedly utilized falsified approvals to construct illegal buildings across numerous projects. This crackdown is a direct consequence of the 2022 Kalyan-Dombivli Municipal Corporation (KDMC) scandal, which involved 65…