MaharERA: 182 Realty Projects Unregistered
Real Estate

MaharERA: 182 Realty Projects Unregistered

In a significant development, the Maharashtra Real Estate Regulatory Authority (MaharERA) has revealed that 182 real estate projects in the state have neglected to register under the regulatory body. This violation brings to light the urgency for stricter enforcement of registration norms within the real estate sector.

MaharERA, which was established under the Real Estate (Regulation and Development) Act, 2016, aims to protect the interests of homebuyers and promote transparency in the real estate sector. The Act dictates that developers must register their projects with the regulatory authority before commencing any advertising or selling of properties.

The revelation of unregistered projects underscores the need for better implementation and monitoring of registration requirements. Failure to adhere to the registration process can result in penalties, including hefty fines and potential imprisonment.

This reporting discrepancy also highlights potential risks faced by buyers who invest in unregistered projects. Homebuyers are advised to verify the registration status of projects before finalizing any property deals to avoid any legal complications or financial losses.

According to data provided by MaharERA, the majority of the unregistered projects are in Mumbai Metropolitan Region (MMR) and Pune. However, this number could rise as the regulatory authority continues to monitor the situation and takes appropriate action against defaulting builders and developers.

To streamline the registration process, MaharERA has recently launched a single-window system to facilitate hassle-free project registrations. The system integrates various compliance processes, reducing administrative burdens for developers and enhancing accountability.

The regulatory authority has also intensified its efforts to educate developers and consumers about the importance of project registration. This initiative will enable stakeholders to understand their rights and obligations under the Real Estate Act, thereby ensuring a safer and more transparent real estate environment in Maharashtra.

In conclusion, the revelation of 182 unregistered real estate projects by MaharERA highlights the essential need for stricter enforcement of registration requirements. Buyers are advised to exercise caution while investing in real estate and verify the registration status of projects. MaharERA's concerted efforts to streamline the registration process and raise awareness among stakeholders are positive steps towards creating a transparent and buyer-friendly real estate market in Maharashtra.

In a significant development, the Maharashtra Real Estate Regulatory Authority (MaharERA) has revealed that 182 real estate projects in the state have neglected to register under the regulatory body. This violation brings to light the urgency for stricter enforcement of registration norms within the real estate sector. MaharERA, which was established under the Real Estate (Regulation and Development) Act, 2016, aims to protect the interests of homebuyers and promote transparency in the real estate sector. The Act dictates that developers must register their projects with the regulatory authority before commencing any advertising or selling of properties. The revelation of unregistered projects underscores the need for better implementation and monitoring of registration requirements. Failure to adhere to the registration process can result in penalties, including hefty fines and potential imprisonment. This reporting discrepancy also highlights potential risks faced by buyers who invest in unregistered projects. Homebuyers are advised to verify the registration status of projects before finalizing any property deals to avoid any legal complications or financial losses. According to data provided by MaharERA, the majority of the unregistered projects are in Mumbai Metropolitan Region (MMR) and Pune. However, this number could rise as the regulatory authority continues to monitor the situation and takes appropriate action against defaulting builders and developers. To streamline the registration process, MaharERA has recently launched a single-window system to facilitate hassle-free project registrations. The system integrates various compliance processes, reducing administrative burdens for developers and enhancing accountability. The regulatory authority has also intensified its efforts to educate developers and consumers about the importance of project registration. This initiative will enable stakeholders to understand their rights and obligations under the Real Estate Act, thereby ensuring a safer and more transparent real estate environment in Maharashtra. In conclusion, the revelation of 182 unregistered real estate projects by MaharERA highlights the essential need for stricter enforcement of registration requirements. Buyers are advised to exercise caution while investing in real estate and verify the registration status of projects. MaharERA's concerted efforts to streamline the registration process and raise awareness among stakeholders are positive steps towards creating a transparent and buyer-friendly real estate market in Maharashtra.

Next Story
Infrastructure Urban

ClickPost Launches Atlas to Benchmark E-commerce Logistics

ClickPost, a leading logistics intelligence platform, has launched Atlas, a subscription-based benchmarking tool designed to transform how e-commerce brands strategise logistics. Powered by ClickPost’s proprietary network, which processes over 50 million shipments each month, Atlas enables brands to benchmark key operational metrics in real time against industry peers and standards.Unlike traditional dashboards, Atlas delivers comparative insights—from fulfilment speeds, RTO rates and average order values to city-level delivery times and sales data—allowing brands to identify operational..

Next Story
Real Estate

Kalyani Launches Two New LivingTree Towers in Bengaluru

Bengaluru-based Kalyani Developers has announced the launch of Towers 3 and 4 at its flagship residential project, Kalyani LivingTree, located in KIADB Aerospace Park. The expansion adds 525 premium 3BHK apartments, ranging from 1300 to 1600 sq ft, and over 7.5 lakh sq ft of built-up area. Prices start from Rs 1.2 crore.These towers, the most exclusive in Phase 1, offer uninterrupted pool and landscape views, and access to over 60 lifestyle amenities, two clubhouses totalling 1 lakh sq ft, and more than 80 per cent open space.LivingTree spans 25 acres and will comprise ten towers of 23–24 fl..

Next Story
Infrastructure Urban

Blue Water Logistics IPO opens May 27

Hyderabad-based Blue Water Logistics is launching its Rs 40.5 crore IPO on May 27, 2025, which will remain open for subscription until May 29. The price band has been set at Rs 132 to Rs 135 per share, with a lot size of 1,000 shares. This is a book-built issue entirely comprising a fresh issue of 30 lakh equity shares. The IPO will be listed on the NSE Emerge platform.Smart Horizon Capital Advisors is the sole book-running lead manager, while Maashitla Securities will act as the registrar. The anchor book will open on May 26, 2025. The IPO allocates 8,35,000 shares to anchor investors, 1,56,0..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?