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.