MahaRERA Records 19 New Deregistrations

26 Nov 2024 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has received deregistration applications for 19 additional projects, including prominent developments like Lokhandwala’s project at Worli Naka and Lodha’s project in Dombivli. These new applications contribute to a growing trend, bringing the total deregistration requests to approximately 400 across the state.

Deregistration is typically sought in cases involving zero bookings, financial difficulties, project infeasibility, or new planning authority notifications affecting the project. MahaRERA has approved the deregistration of around 200 projects to date, with others under review. To ensure transparency, the authority has published the list of the 19 projects on its official website to alert potential home buyers.

Promoters seeking deregistration must meet specific criteria, including zero bookings in the affected project or part thereof. If deregistration impacts other phases of a larger project, the consent of two-thirds of existing allottees is mandatory. MahaRERA carefully scrutinizes applications, verifying accounts and CA certifications, and ensures that home buyer interests remain protected before granting approvals.

The deregistration policy, introduced in February last year, allows developers to exit projects that are economically unviable, financially constrained, or hindered by legal disputes and regulatory changes. MahaRERA emphasizes that stalled projects benefit no stakeholders, and deregistration can help reallocate resources more effectively.

Homebuyers or other stakeholders can challenge deregistration decisions through complaints, which MahaRERA addresses promptly. The regulatory body also enforces binding conditions on promoters post-deregistration to maintain accountability.

This initiative highlights MahaRERA’s efforts to balance the interests of developers and homebuyers while addressing challenges within the real estate sector.

Equipment

11 Dec 2025

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “M..