MahaRERA bid to revive projects

26 Jul 2022 CW Team

MahaRERA is attempting to resurrect over 2,800 delayed and expired housing projects in the state, totaling Rs 786.84 billion. The Maharashtra Real Estate Regulatory Authority (MahaRERA) is working with a specialised team to uncover the issues that are causing projects to be stopped or expired in order to discover solutions for their resurrection. To investigate blocked and expired projects, MahaRERA has established a special vertical managed by retired IAS officer Sanjay Deshmukh, as per reports. The first part of the exercise will analyse 2,809 expired projects for their construction phase. MahaRERA has divided the building process into three categories: 0 to 30 percent, 30 to 60 per cent, and 60 to 90 per cent, and has worked with developer bodies to discover builders who are registered with them in order to assure the revival and completion of projects.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

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NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..