628 Developers Face MahaRERA Action for Non-Compliance in Ads

10 Jul 2024 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated action against 628 real estate developers for failing to display their RERA registration numbers and QR codes in advertisements. This non-compliance violates the Real Estate (Regulation and Development) Act, 2016, aimed at enhancing transparency in the real estate sector.

The authority found that numerous developers neglected mandatory disclosure norms in their promotional materials, including brochures, online ads, and physical hoardings. Such omissions can mislead potential buyers and obscure crucial project details.

MahaRERA has issued show-cause notices to the defaulters, demanding explanations for their non-compliance. Developers are required to adhere strictly to the Act?s provisions, which mandate the inclusion of RERA registration numbers and QR codes in all advertisements to ensure authenticity and protect consumer interests.

The QR code, when scanned, provides comprehensive information about the project, including its registration status, approvals, and other critical data. This feature is designed to empower buyers with easy access to verified information, fostering a more transparent and accountable real estate market.

The developers now face penalties, including hefty fines and potential suspension of their project registrations. MahaRERA's stringent measures underscore its commitment to enforcing compliance and upholding the rights of homebuyers.

In addition to penalising defaulters, MahaRERA plans to intensify its monitoring efforts and launch awareness campaigns to educate developers about their obligations under the Act. The authority's proactive approach aims to ensure that all stakeholders adhere to the regulatory framework, promoting trust and reliability in the real estate sector.

This crackdown on non-compliance signifies MahaRERA?s dedication to maintaining stringent oversight and fostering a transparent real estate environment in Maharashtra.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..