MahaRERA recovers over Rs 8 crore from errant developers

Dated on: Wednesday 24th May 2023

Without going through the entire recovery process of auctioning properties of defaulting developers, the MahaRera has managed to recover approximately Rs 8 crore against 20 recovery orders issued in Mumbai city, Mumbai suburbs, Raigad, and Thane district. MahaRera has diligently pursued the relevant authorities at the district collector's offices to ensure the effective implementation of the recovery procedure.

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