MahaRERA suspends flats sales in 388 projects over non-disclosure

22 Sep 2023 CW Team

Among the suspended projects, three belong to Macrotech Developers, a publicly listed company operating under the Lodha banner. These projects are identified as Bellissimo in the Andheri area of Mumbai, Crown Dombivli 1, and Lodha Panacea III in the Thane district, according to information provided by MahaRERA.

In addition to the listed developers, there are non-listed developers involved in the suspensions, including Prince KCD Heritage, responsible for the Prince KCD Heritage project, and Jangid Home, which is currently developing Jangid Meadows.

Email inquiries have been dispatched to Macrotech Developers, Prince KCD Heritage, and Jangid Homes to seek their responses.

The backdrop to this action is the pending disclosure of project details. MahaRERA had registered a total of 746 projects in January, and developers were given until April 20th to upload comprehensive project information, including details regarding the number of flats, funds received, and funds utilised, onto the regulatory authority's website.

For developers who failed to comply with these requirements, notices were initially issued, allowing them 15 days to respond. Subsequently, for those who still did not respond, a final notice was issued, providing them with 45 days to provide reasons why their projects should not be subject to suspension, as indicated in the MahaRERA statement.

According to MahaRERA, out of the registered projects, details for 346 have been successfully uploaded in compliance with the regulations. Action has now been initiated against the remaining 388 projects for their failure to provide the necessary project details.

The suspended projects span various districts in Maharashtra, with 54 in Thane district, 31 in Palghar district, 22 in Raigad district, and 17 projects in the Mumbai suburban district. Additionally, three projects in the Mumbai city district have been suspended.

Furthermore, 89 projects were suspended in Pune, 13 in Satara, seven in Kolhapur, and five in Solapur. In the Vidarbha region, 41 projects were suspended in Nagpur, six in Wardha, and four in Amravati, according to the list released by MahaRERA.

In a statement released on September 18, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued directives to sub-registrars, instructing them not to register sale agreements and sale deeds for flats in projects that have been suspended. All of these projects were originally registered in January 2023. MahaRERA has taken this decision to ensure compliance with regulatory requirements pertaining to the disclosure of project details on its website. Among the suspended projects, three belong to Macrotech Developers, a publicly listed company operating under the Lodha banner. These projects are identified as Bellissimo in the Andheri area of Mumbai, Crown Dombivli 1, and Lodha Panacea III in the Thane district, according to information provided by MahaRERA. In addition to the listed developers, there are non-listed developers involved in the suspensions, including Prince KCD Heritage, responsible for the Prince KCD Heritage project, and Jangid Home, which is currently developing Jangid Meadows. Email inquiries have been dispatched to Macrotech Developers, Prince KCD Heritage, and Jangid Homes to seek their responses. The backdrop to this action is the pending disclosure of project details. MahaRERA had registered a total of 746 projects in January, and developers were given until April 20th to upload comprehensive project information, including details regarding the number of flats, funds received, and funds utilised, onto the regulatory authority's website. For developers who failed to comply with these requirements, notices were initially issued, allowing them 15 days to respond. Subsequently, for those who still did not respond, a final notice was issued, providing them with 45 days to provide reasons why their projects should not be subject to suspension, as indicated in the MahaRERA statement. According to MahaRERA, out of the registered projects, details for 346 have been successfully uploaded in compliance with the regulations. Action has now been initiated against the remaining 388 projects for their failure to provide the necessary project details. The suspended projects span various districts in Maharashtra, with 54 in Thane district, 31 in Palghar district, 22 in Raigad district, and 17 projects in the Mumbai suburban district. Additionally, three projects in the Mumbai city district have been suspended. Furthermore, 89 projects were suspended in Pune, 13 in Satara, seven in Kolhapur, and five in Solapur. In the Vidarbha region, 41 projects were suspended in Nagpur, six in Wardha, and four in Amravati, according to the list released by MahaRERA.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Infrastructure Energy

12 Dec 2025

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Infrastructure Energy

12 Dec 2025

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..