One-Fourth Housing Projects in Maharashtra Breach RERA Law
Real Estate

One-Fourth Housing Projects in Maharashtra Breach RERA Law

The Maharashtra Real Estate Regulatory Authority, established under the Real Estate (Regulation and Development) Act (RERA), found that one-fourth of housing projects in the state breach RERA provisions after a recent compliance review across multiple districts. The regulator said these projects had failed to meet mandatory registration, disclosure and execution requirements under the law. The assessment has heightened scrutiny of ongoing developments and prompted enforcement action by the authority. The review covered projects at various stages and aimed to enforce transparency in the sector.

Common breaches identified included failure to register projects with the regulator, incomplete disclosure of project timelines and approvals, repeated delays in possession and unauthorised deviations from sanctioned plans. The regulator also reported instances of misrepresentation of amenities and discrepancies in the builder-buyer agreements that affected delivery commitments. Many developers were cited for inadequate escrow management and for not updating changes to project status on the public registry.

The authority has exercised powers under the act to issue orders that include stop sale directives, financial penalties and directions to refund purchasers or to complete pending work within stipulated timelines. Affected homebuyers have been advised to seek redress through the regulator and to use the statutory complaint mechanism rather than informal channels. Consumer groups have urged faster resolution of pending cases to reduce financial and legal hardship for purchasers.

The regulator has called on developers to improve compliance and to ensure accurate, timely disclosures on the official portal. State departments have been urged to strengthen coordination with municipal bodies to monitor project approvals and execution. Prospective buyers are advised to verify project registration, scrutinise timelines and payment terms and to consult the regulator's records before committing funds. Legal experts noted that adherence to statutory escrow norms is central to protecting purchaser funds.

The Maharashtra Real Estate Regulatory Authority, established under the Real Estate (Regulation and Development) Act (RERA), found that one-fourth of housing projects in the state breach RERA provisions after a recent compliance review across multiple districts. The regulator said these projects had failed to meet mandatory registration, disclosure and execution requirements under the law. The assessment has heightened scrutiny of ongoing developments and prompted enforcement action by the authority. The review covered projects at various stages and aimed to enforce transparency in the sector. Common breaches identified included failure to register projects with the regulator, incomplete disclosure of project timelines and approvals, repeated delays in possession and unauthorised deviations from sanctioned plans. The regulator also reported instances of misrepresentation of amenities and discrepancies in the builder-buyer agreements that affected delivery commitments. Many developers were cited for inadequate escrow management and for not updating changes to project status on the public registry. The authority has exercised powers under the act to issue orders that include stop sale directives, financial penalties and directions to refund purchasers or to complete pending work within stipulated timelines. Affected homebuyers have been advised to seek redress through the regulator and to use the statutory complaint mechanism rather than informal channels. Consumer groups have urged faster resolution of pending cases to reduce financial and legal hardship for purchasers. The regulator has called on developers to improve compliance and to ensure accurate, timely disclosures on the official portal. State departments have been urged to strengthen coordination with municipal bodies to monitor project approvals and execution. Prospective buyers are advised to verify project registration, scrutinise timelines and payment terms and to consult the regulator's records before committing funds. Legal experts noted that adherence to statutory escrow norms is central to protecting purchaser funds.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->