MaharERA Acts Against Unregistered Plot Sales

02 Feb 2024 CW Team

The Maharashtra Real Estate Regulatory Authority (MaharERA) has taken proactive measures, initiating suo-motu action against developers selling plots without proper registration. The regulatory authority's move underscores its commitment to ensuring transparency and compliance within the real estate sector.

MaharERA's intervention is aimed at curbing unauthorized plot sales and enhancing consumer protection. Developers selling plots, flats, or buildings without the requisite registration are now subject to scrutiny and potential legal consequences.

The regulatory action aligns with MaharERA's mandate to regulate and promote fair practices in the real estate industry, safeguarding the interests of homebuyers and investors. Unregistered sales pose risks to consumers, and MaharERA's proactive stance serves as a deterrent against such practices, reinforcing the importance of adherence to regulatory norms.

Developers operating in Maharashtra are urged to comply with registration requirements, reinforcing the legal foundation of property transactions. MaharERA's intervention not only protects the rights of property buyers but also fosters a more accountable and transparent real estate market in the state.

As the real estate sector continues to evolve, regulatory authorities play a pivotal role in upholding standards and ensuring ethical practices. MaharERA's suo-motu action demonstrates its commitment to maintaining the integrity of property transactions and fostering a trustworthy environment for all stakeholders in the real estate ecosystem.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..