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.

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

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.