MahaRERA initiate action against eight more in Pune for advertising unregistered projects
Dated on: Friday 24th March 2023The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken action against 25 projects across the state that have been advertised without being registered. Officials stated on Thursday that notices had been sent to the developers. In this way, Pune has the second greatest number of breaches. Earlier this month, MahaRERA handed similar letters to 14 such developers across the state. Developers are not permitted to market or sell apartments in a project unless they first register with MahaRERA, according to the Real Estate Regulatory Authority (RERA) Act. The Act requires this registration for each new ongoing project larger than 500 square metres or eight apartments.
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