The Maharashtra Real Estate Regulatory Authority has rejected a Nagpur developer's attempt to deregister the residential portion of its MIHAN-SEZ mixed-use project, ruling that financial non-viability cannot justify abandoning registered project commitments.

MahaRERA has rejected a developer’s plea to partially deregister a project citing financial nonviability, affirming that a registered real estate project must remain under full regulatory binding. Correction applications permitted under strict timelines.

Konkan tops MahaRERA agent registrations as total count exceeds 50,000; 37% agents deregistered for not meeting certification or renewal norms.

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.