In Pune district, just 39 of 277 recovery warrant orders executed: MahaRERA report

Dated on: Sunday 7th May 2023

A recent study by the Maharashtra Real Estate Regulatory Authority discovered that only 39 out of 277 orders to recover money from dishonest real estate agents have been completed in the past six years. These agents owe a total of Rs170.37 crore, but only Rs32.92 crore has been collected through the completed orders. In simpler terms, many offending real estate agents owe lots of money, but only a small amount has been collected so far.