MahaRERA extends deadline for completion of 8 projects in Mumbai
Real Estate

MahaRERA extends deadline for completion of 8 projects in Mumbai

In a series of orders issued over the course of the past month, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has permitted developers of at least eight projects in the Mumbai Metropolitan Region (MMR) to extend project completion dates without the necessary approval of the homebuyers.

The MahaRERA made the decision in cases where there are indications that the project will be finished soon.

These rulings follow a MahaRERA policy decision from December 2022 that permitted developers to request for an extension under section 7 of the RERA Act without the required 51 per cent approval of homebuyers, with a later decision being made on a case-by-case basis for genuine applicants.

What is the order? The MahaRERA extended the deadline for developments in the MMR, including Poonam Heights, Ekta Parksville phase 2, Brooklyn Park phase 2, Ekta Parksville phase 3, Brooklyn Park phase 4, Ekta Greenville phase 2, and Ekta Tripolis phase 1, citing the need to protect homeowners' interests.

These projects received extensions after their developers submitted MahaRERA applications in accordance with RERA Act section 7(3).

Also read:
Private equity inflows into Indian real estate fell 95%
Centre to discuss ways to redress consumer grievances in real estate


Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

In a series of orders issued over the course of the past month, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has permitted developers of at least eight projects in the Mumbai Metropolitan Region (MMR) to extend project completion dates without the necessary approval of the homebuyers. The MahaRERA made the decision in cases where there are indications that the project will be finished soon. These rulings follow a MahaRERA policy decision from December 2022 that permitted developers to request for an extension under section 7 of the RERA Act without the required 51 per cent approval of homebuyers, with a later decision being made on a case-by-case basis for genuine applicants. What is the order? The MahaRERA extended the deadline for developments in the MMR, including Poonam Heights, Ekta Parksville phase 2, Brooklyn Park phase 2, Ekta Parksville phase 3, Brooklyn Park phase 4, Ekta Greenville phase 2, and Ekta Tripolis phase 1, citing the need to protect homeowners' interests. These projects received extensions after their developers submitted MahaRERA applications in accordance with RERA Act section 7(3). Also read: Private equity inflows into Indian real estate fell 95% Centre to discuss ways to redress consumer grievances in real estate

Next Story
Infrastructure Transport

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

Next Story
Infrastructure Energy

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Next Story
Infrastructure Transport

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?