MahaRERA Serves Notices to 41 Unregistered Plot Projects

01 Feb 2024 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has initiated stern measures against 41 unregistered plot projects by issuing notices for non-compliance with regulatory norms. This move underscores the regulatory body's commitment to ensuring transparency and adherence to real estate regulations in the state.

The notices serve as a warning to developers who have failed to register their plot projects with MahaRERA, a violation that hampers the authority's ability to monitor and regulate the real estate sector effectively. MahaRERA's proactive stance aims to safeguard the interests of homebuyers and maintain the integrity of the real estate market.

Developers of unregistered plot projects are now required to comply with MahaRERA regulations promptly to avoid legal consequences. This regulatory action is in line with the ongoing efforts to streamline and bring accountability to the real estate sector, promoting a fair and transparent environment for both developers and homebuyers.

MahaRERA's enforcement actions not only uphold the regulatory framework but also contribute to building trust in the real estate market. The move emphasizes the significance of compliance with regulatory standards and serves as a reminder to stakeholders in the real estate industry to adhere to the established norms for the collective benefit of the sector.

Infrastructure Urban

17 Oct 2025

CBI arrests NHIDCL official in Rs 1 Mn bribery case and seizes Rs 20.62 Mn

The Central Bureau of Investigation (CBI) has arrested Maisnam Riten Kumar Singh, Executive Director and Regional Officer of the National Highways and Infrastructure Development Corporation Limited (NHIDCL), Guwahati, for allegedly accepting a bribe of ₹10 lakh from a private individual in connection with a highway project in Assam.According to a , the arrest followed a trap laid on October 14, after the agency received source-based information regarding the alleged demand for illegal gratification. Singh was reportedly caught red-handed while accepting the money from a representative of a..

IRFC Posts Record Profit as Diversification Boosts Growth

Indian Railway Finance Corporation (IRFC), a Navratna CPSE under the Ministry of Railways, has reported its highest-ever profit after tax (PAT) driven by strategic diversification and improved margins. For the quarter ended 30 September 2025, IRFC posted a PAT of Rs 17,769.8 million, a 10.19 per cent increase from Rs 16,126.5 million in the same quarter last year. For the half-year, PAT rose 10.45 per cent year-on-year to Rs 35,226.7 million. Total income stood at Rs 63,719.1 million for Q2 and Rs 132,901.5 million for the half-year, supported by effective liability management and steady asse..

KMEW to launch River Pearl Cruise linking Statue of Unity & Omkareshwar

Knowledge Marine & Engineering Works Limited (KMEW) has received a Letter of Acceptance (LoA) from the Madhya Pradesh Tourism Board (MPTB) to build and operate a luxury cruise between Kukshi in Madhya Pradesh and the Statue of Unity in Gujarat along the Narmada River. The 20-year project covers a 135-km stretch and marks KMEW’s official entry into India’s maritime tourism sector. The LoA was formally presented at the Madhya Pradesh Travel Mart 2025 by Hon’ble Union Minister of Culture Gajendra Singh Shekhawat, Chief Minister Dr. Mohan Yadav, and Minister of State for Tourism Dharmen..