Maharera Mandates Strict Parking Rules

20 May 2024 CW Team

Maharashtra Real Estate Regulatory Authority (Maharera) has implemented new regulations aimed at addressing parking-related disputes in residential and commercial developments. This initiative underscores Maharera's commitment to enhancing transparency and resolving common grievances within the real estate sector.

The new rules mandate that developers clearly specify the number of parking spaces allocated to each apartment or commercial unit in their projects. Builders are required to adhere strictly to these specifications, ensuring that homebuyers and commercial property owners receive the parking facilities as promised during the sale of the property.

According to Maharera officials, the introduction of stringent parking regulations aims to prevent conflicts arising from ambiguous or misleading information regarding parking provisions in real estate projects. By mandating clear and transparent disclosures, Maharera seeks to protect the interests of property buyers and promote fair practices within the industry.

The regulatory authority emphasises that adherence to the new parking guidelines is mandatory for all ongoing and future real estate developments across Maharashtra. Developers failing to comply with these regulations could face penalties or other regulatory actions to enforce compliance.

Stakeholders, including developers, property buyers, and industry experts, are expected to benefit from these measures, which aim to improve clarity and accountability in parking allocations within residential and commercial properties. The move reflects Maharera's proactive approach to addressing common issues and enhancing consumer confidence in the state's real estate market.

The implementation of strict parking regulations by Maharera is seen as a step towards strengthening regulatory oversight and promoting fair practices in property transactions across Maharashtra.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..