MahaRERA Mandates Quality Assurance Submissions for Developers

21 Aug 2024 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it mandatory for developers to submit a quality assurance certification for their projects. This new requirement aims to enhance construction standards and ensure greater accountability within the real estate sector. By mandating these submissions, MahaRERA intends to boost consumer confidence and create a more transparent environment for buyers.

Under this directive, developers will need to provide detailed reports that confirm adherence to quality standards at every stage of the construction process. The focus is on ensuring the durability, safety, and overall quality of the projects being delivered to buyers. This move comes in response to rising concerns about the quality of construction in various residential and commercial projects across the state.

MahaRERA's decision is expected to streamline the process of monitoring real estate developments and encourage developers to prioritise quality from the outset. Failure to comply with these guidelines could lead to penalties, further pushing developers to meet the prescribed standards.

This initiative aligns with the authority?s ongoing efforts to bring more transparency and reliability to the real estate sector, ensuring that buyers receive what has been promised. With this regulation in place, Maharashtra is likely to see improved quality in upcoming real estate projects, benefiting both developers and consumers.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..