Realty projects stuck due to missing MahaRERA updates

16 Aug 2023 CW Team

In an attempt to ensure transparency and authenticity in the real estate sector, local civic bodies and planning authorities were mandated to send commencement and occupation certificates for real estate projects to MahaRERA's dedicated email ID for verification. Despite major civic corporations adhering to this requirement, several municipal councils and town planning authorities have neglected the directive. As a consequence, the registration of approximately 160 real estate projects in the state has been left pending.

In light of past incidents involving forged civic clearance documents submitted during project registrations, MahaRERA's move was aimed at maintaining the credibility of the industry. However, the non-compliance of certain local bodies has resulted in a backlog of projects seeking registration approval. This issue has prompted concerns within the industry, with experts warning that the affected projects could face delays and developers might encounter uncertainty.

Hitesh Thakkar, Vice President of NAREDCO (National Real Estate Development Council), highlighted the divergence between major civic corporations and the non-compliant councils and authorities. The latter's failure to follow the mandated procedure not only contravenes the directives of the urban development department and the high court but also jeopardises the progress of these projects and the stability of the developers involved.

Infrastructure Transport

10 Oct 2025

Modi Launches Rs 318.5 Billion Projects in Maharashtra

Prime Minister Narendra Modi on Wednesday launched infrastructure projects worth Rs 318.5 billion during his two-day visit to Maharashtra, including two landmark developments — the first phase of the Rs 196.5 billion Navi Mumbai International Airport (NMIA) and the second phase of the Rs 122 billion Mumbai Metro Line 3. India’s first fully digitised airport, NMIA, has been designed for multimodal connectivity and is being developed under a public-private partnership between Adani Airport Holdings, which holds a 74 per cent stake, and the City and Industrial Development Corporation of Maha..

Tata Housing Sells Rs 10 Billion Homes in Bengaluru

Real estate developer Tata Housing on Wednesday announced that it has achieved home sales worth over Rs 10 billion in its newly launched residential project in Bengaluru, driven by strong demand. In a statement, the company said Tata Housing Varnam Phase I — part of the 135-acre integrated township Carnatica in North Bengaluru — has surpassed Rs 10 billion in sales since its launch in August 2025. Spread across 20 acres, Varnam Phase I has recorded sales of 377 units out of 582 apartments, along with 48 townhouses and row houses. The project has attracted substantial interest from both e..

OMRON to Train 1,000 Graduates Annually at Bengaluru Centre

Japanese industrial automation giant OMRON announced on Wednesday that it will train and skill 1,000 fresh engineering graduates annually at its newly launched Automation Centre in Bengaluru. The initiative aims to enhance India’s employable manufacturing talent and build a resilient, future-ready industrial ecosystem. Motohiro Yamanishi, President of the Industrial Automation Company at OMRON Corporation, said, “We see immense potential in the dynamism of India’s manufacturing sector. The new Automation Centre underscores India’s vital role in our global and Asia-Pacific vision. It i..