MahaRERA issues warrants worth Rs 633 cr against errant developers

16 Feb 2022 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued recovery warrants worth Rs 633 crore against errant developers, with the highest value in Mumbai's suburbs.

The action was taken in coordination with 13 collectorates, including Mumbai and Pune, having 717 warrants to expedite refunds to home buyers.

Mumbai's suburb area involves 302 such recoveries, followed by Pune 162 and Thane 99. These warrants were issued concerning 256 projects, from which 83 are in Pune, followed by 63 in Mumbai's suburbs and 41 in Thane. Other collectorates include Raigad, Alibaug, Palghar, Mumbai city, Nagpur, Aurangabad, Nashik, Sindhudurg and Satara.

The Chairman of MahaRERA, Ajoy Mehta, is in discussion with the revenue secretary and district collectors to execute the order soon to expedite the investments of home buyers. The adjudicating officers have issued the recovery warrants against errant developers under the Real Estate Regulation and Development Act.

Vasant Prabhu, MahaRERA secretary, said that the recovery warrants include the collector issuing an attachment certificate, attaching the property, and the developer has a chance to repay the amount. If the developers do not pay, then the process is followed by an auction.

Ramesh Prabhu, Chairman of Maharashtra Societies Welfare Association, said that once MahaRERA issued a recovery warrant order and it is not complied by the respondent or promoters, allottees can file a petition on non-execution of the order. Homebuyers may exit from a project and invest somewhere else.

Image Source

Also read: MahaRERA to decide on compensation payable to flat buyers

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..