MahaRERA Suspends Registration of 388 Non-Compliant Real Estate Projects
In a significant move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registration of 388 real estate projects for non-compliance with mandatory quarterly progress reporting. As per the Real Estate (Regulation and Development) Act, developers must regularly update progress reports, including project details, approvals, financial transactions, and more. After issuing notices and deadlines, …
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