291 projects face MahaRERA axe if no updates by Nov

11 Oct 2023 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a stern warning to 291 real estate projects, including 63 from the district, as they have failed to upload their quarterly project report details on the authority's website, despite receiving notices last month.

In the event that these developers do not respond by November 10, MahaRERA may proceed with the deregistration of these projects. If developers wish to recommence these projects, they will be required to undergo a fresh registration process, according to a senior MahaRERA official.

Among the 291 projects at risk of deregistration, 104 are situated in the Konkan region, which includes Mumbai, and 63 are located in Pune district. Last month, MahaRERA had dispatched notices to developers of a total of 363 real estate projects for their failure to comply with the requirement of uploading quarterly project report details on the MahaRERA website. To date, developers of 72 of these projects have responded to the notices by paying a penalty of Rs 50,000 and subsequently uploading the necessary project details.

MahaRERA officials have emphasized that this represents the final opportunity for developers to submit their quarterly project details or risk facing deregistration. Notably, these projects were registered during the current year.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..