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About 39 realty projects in Pune apply for deregistration

Dated on: Thursday 8th June 2023

On Monday, a representative from MahaRERA disclosed that a group of developers involved in 39 real estate ventures located in Pune have submitted applications for deregistration. The state regulatory authority, MahaRERA, has received a cumulative count of 88 applications originating from various regions within the state. These applications were submitted by developers who find themselves unable to proceed with their projects due to an assortment of challenges, including insufficient financial resources, ongoing legal disputes, alterations in government planning regulations, and other related factors. Notably, Pune accounted for the highest number of applications, with 39 submissions, followed by Raigad with 16, Thane with 8, and Mumbai city with 4 applications.

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