As developer fails to pay interest, MahaRERA issues recovery warrant

Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a recovery warrant against Omkar Realtors and Developers for not paying interest to a homebuyer after delaying handing over the flat to them. Alta Monte Signet project in Malad. The warrant has been sent to the Mumbai suburban district collector, directing officials to recover the […]

From project suspensions, ad curbs to parking relief: MahaRERA strengthens buyer protection in 2025

The Maharashtra Real Estate Regulatory Authority (MahaRERA) stayed in focus through 2025 with a series of buyer-centric interventions. The year marked the first full calendar year under Chairman Manoj Saunik, who assumed office in September 2024. MahaRERA update: The Maharashtra Real Estate Regulatory Authority stayed in focus through 2025 with a series of homebuyer-centric interventions. […]

MahaRERA update: New guidelines issued to ensure homebuyers are compensated within 60 days by the developers

The Maharashtra Real Estate Regulatory Authority (MahaRERA) announced on November 22 that it has formulated a Standard Operating Procedure (SOP) to expedite the recovery of compensation from developers in a time-bound manner for aggrieved homebuyers. The compensation is recovered from the developer due to various defaults. MahaRERA update: The real estate regulator has said that […]

Godrej Properties gets RERA nod for first phase of Mumbai’s Worli project, targets ₹10,000 crore in revenue

Godrej Properties Ltd has received the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential development, Godrej Trilogy, in Worli, Mumbai. The company, in a regulatory filing on October 27, said it expects to generate over ₹10,000 crore in revenue from the project. The project is part of a […]