MahaRERA suspends registration of 248 projects over non-compliance

21 Nov 2023 CW Team

MahaRERA is currently scrutinising reports from the 352 projects registered in February, and potential suspensions may occur if any reports are found to be incomplete. Among the 248 projects facing suspension, 99 are located in the Mumbai Metropolitan Region (MMR). The quarterly progress reports, containing information on registered units, funds received, expenditures, and changes in building plans, are required to be updated on the MahaRERA website.

Developers of projects registered in February were expected to update their information by July 20, while those registered in March had a deadline of October 20. Despite notices warning about the possible suspension of registration, many projects failed to update their information, leading to the enforcement of suspensions.

The suspended projects include 99 from MMR, 69 from Western Maharashtra, 28 from North Maharashtra, and 40 from Vidarbha. In a similar move earlier in the year, MahaRERA had suspended the registration of 363 out of 700 projects in January. Some promoters rectified the situation by updating information and paying a fine, but as of now, 112 projects have yet to comply.

The MahaRERA official stated that the registration of these non-compliant projects is likely to be cancelled. However, a formal process must be followed, involving informing stakeholders such as financiers or lenders before cancelling the registration. Once registration is suspended, the bank accounts of these projects are frozen, and promoters are prohibited from advertising, marketing, or selling units. Instructions are also issued to deputy registrars to refrain from registering any sale transactions or deposits related to these projects.

The registration of 248 projects, including three MHADA projects in Pune and Beed, has been suspended by MahaRERA. These projects were registered in February of this year and failed to update their quarterly progress reports. Additionally, registration for 224 projects registered in March is at risk of suspension due to non-compliance with the reporting requirements. MahaRERA is currently scrutinising reports from the 352 projects registered in February, and potential suspensions may occur if any reports are found to be incomplete. Among the 248 projects facing suspension, 99 are located in the Mumbai Metropolitan Region (MMR). The quarterly progress reports, containing information on registered units, funds received, expenditures, and changes in building plans, are required to be updated on the MahaRERA website. Developers of projects registered in February were expected to update their information by July 20, while those registered in March had a deadline of October 20. Despite notices warning about the possible suspension of registration, many projects failed to update their information, leading to the enforcement of suspensions. The suspended projects include 99 from MMR, 69 from Western Maharashtra, 28 from North Maharashtra, and 40 from Vidarbha. In a similar move earlier in the year, MahaRERA had suspended the registration of 363 out of 700 projects in January. Some promoters rectified the situation by updating information and paying a fine, but as of now, 112 projects have yet to comply. The MahaRERA official stated that the registration of these non-compliant projects is likely to be cancelled. However, a formal process must be followed, involving informing stakeholders such as financiers or lenders before cancelling the registration. Once registration is suspended, the bank accounts of these projects are frozen, and promoters are prohibited from advertising, marketing, or selling units. Instructions are also issued to deputy registrars to refrain from registering any sale transactions or deposits related to these projects.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..