MahaRERA extends deadline for de-registration of 107 projects

28 Jun 2023 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has extended the deadline for submitting comments and complaints till July 2 before de-registering 107 projects in the state. According to the regulatory official, it previously received a proposal for the deregistration of 88 projects, after which it solicited suggestions and complaints. Another 19 new projects have been added to the list, bringing the total to 107.

Meanwhile, the MahaRERA has received no suggestions or objections to the de-registration of 88 projects. As a result, the authority decided to prolong the timetable while also adding new projects to the list of de-registration.

Several well-known developers' projects, including Hubtown's Solaris 14 storey (Andheri) and Hubtown Siddhi (Thane), as well as Ashwin Sheth's Sheth Vasant Lawns of Thane, have been de-registered.

According to MahaRERA, in response to its notification on February 10 allowing developers to apply for de-registration of projects with some conditions, it has received responses from developers for deregistration. These projects are in Pune, Raigad, Thane, Mumbai City, Sindhudurg and Palghar, Nashik, Nagpur, Chhatrapati Sambhaji Nagar, Satara, and Mumbai Suburb, Kolhapur, Nanded, Latur, Ratnagiri and Dadra Nagar Haveli.

According to MahaRERA, developers frequently register a project but are unable to complete it due to factors such as a lack of cash, a family disagreement, litigation, the feasibility of the project, a change in government planning authority notice, and so on. In such cases, MahaRERA permits for deregistration.

While the laws require the developer to meet the prerequisites for deregistration of projects with bookings, such projects will be considered if the promoter settles the rights of the allottees and documentation to that effect are provided for verification.

According to MahaRERA, it has received answers for deregistration from developers in response to its notification on February 10 allowing developers to apply for de-registration of projects subject to certain criteria. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has extended the deadline for submitting comments and complaints till July 2 before de-registering 107 projects in the state. According to the regulatory official, it previously received a proposal for the deregistration of 88 projects, after which it solicited suggestions and complaints. Another 19 new projects have been added to the list, bringing the total to 107. Meanwhile, the MahaRERA has received no suggestions or objections to the de-registration of 88 projects. As a result, the authority decided to prolong the timetable while also adding new projects to the list of de-registration. Several well-known developers' projects, including Hubtown's Solaris 14 storey (Andheri) and Hubtown Siddhi (Thane), as well as Ashwin Sheth's Sheth Vasant Lawns of Thane, have been de-registered. According to MahaRERA, in response to its notification on February 10 allowing developers to apply for de-registration of projects with some conditions, it has received responses from developers for deregistration. These projects are in Pune, Raigad, Thane, Mumbai City, Sindhudurg and Palghar, Nashik, Nagpur, Chhatrapati Sambhaji Nagar, Satara, and Mumbai Suburb, Kolhapur, Nanded, Latur, Ratnagiri and Dadra Nagar Haveli. According to MahaRERA, developers frequently register a project but are unable to complete it due to factors such as a lack of cash, a family disagreement, litigation, the feasibility of the project, a change in government planning authority notice, and so on. In such cases, MahaRERA permits for deregistration. While the laws require the developer to meet the prerequisites for deregistration of projects with bookings, such projects will be considered if the promoter settles the rights of the allottees and documentation to that effect are provided for verification. See also: Brokers appear for MahaRERA certification examinationRegistries of almost 1,100 flats approved

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..