MahaRERA registration lapsed 388 projects in 2021 impacts 20,955 units; why and how does MahaRERA registration impact the real estate builders in Pune? Let’s cover all the facts behind it. MahaRERA registration has revealed a list of 407 projects throughout Maharashtra that 'lapsed' in 2021, including 388 residential and 19 commercial projects. According to ANAROCK Research's data analysis, the 388...
The Maharashtra Real Estate (Regulation and Development) Act, 2016 (Maha RERA) was notified on 1st May 2017. Since then, the real estate market has seen a downward trend. One of the reasons for this decline has been the increased compliance burden that the developers have to deal with. While the ARERA and RERA have been a blessing in disguise, there seems to be confusion on how developers shall comply with...
