MahaRERA has frozen 1,950 project accounts across Maharashtra in a crackdown on non-compliant developers, aiming to enforce accountability and protect homebuyers affected by delays and incomplete projects.

MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions

Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.

In the real estate realm, "stalled projects" are those that have ceased construction entirely, contrasting with "delayed projects" which progress slowly due to various factors.

Pune, Maharashtra's cultural capital, is leading India's urbanisation narrative with significant demographic, economic, and real estate expansion. Pune has experienced a rise in flat demand because to its dynamic IT industry, robust industrial base, and thriving startup culture. This demand has boos

In a bold initiative to demonstrate openness and regulatory supervision, MahaRERA deregistered seven key projects throughout the state. Developers recognise budgetary restrictions and lacklustre reception to their offers.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to introduce a transformative framework aimed at enhancing transparency and quality assurance within the real estate sector.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has chosen to deregister five real estate projects across Maharashtra state.

Mumbai realtors, under CREDAI-MCHI, have petitioned the Maharashtra government for policy changes to lower rising property prices, which are hurting the city's economy.

For its cluster development initiative in Mumbai, the Maharashtra government has given a one-year premium waiver for real estate developers at the rate of 50 percent. The action will likely facilitate the revitalization of older buildings in the city.

The Maharashtra Housing and Area Development Board (MHADB) is scheduled to get 5,000 dwelling units from 65 residential projects that developers had been unable to deliver to the board for over 10 years.

From increasing the price of unsold inventory to lowering supply chain costs, the Confederation of Real Estate Developers' Association of India (CREDAI) - Maharashtra Chapter of the Housing Industry is considering a variety of strategies (MCHI).

Following the Maharashtra CREDAI chapter's threat to suspend building due to rising raw material costs, developers in the Delhi-NCR region have chosen to follow suit.

In Maharashtra, over 400 real estate developers have submitted for e-registration of their projects from their offices since October 2021, when the online service for first-sale homes was offered to reduce congestion at the state's sub-registrar offices.