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.

The Maharashtra Minister of State announced government commitment to implementing developer-friendly policies during the 17th NAREDCO National Convention in New Delhi, signaling strong support for the state's real estate sector growth.

Discover the ultimate legal guide to Khopoli real estate covering property laws, RERA regulations, stamp duty, and registration processes. Stay updated on investment opportunities, legal compliance, and market trends to make informed property decisions in Khopoli.

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.

A homebuyers' body urges stricter regulations to tackle misleading real estate ads, calling for tougher penalties and transparency to protect buyers nationwide.

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.