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MahaRERA to cancel 291 projects if builders dont update QPR in a month

Dated on: Tuesday 10th October 2023

MahaRera is set to cancel the registration of 291 real estate projects that have been suspended unless builders update quarterly progress reports by November 10. These projects include 104 in MMR, 63 in Pune, and 46 in Nashik. The suspension of registration came about because Forms 1, 2, and 3, which provide project status information, were not submitted on the MahaRera website. Out of the 363 initially suspended projects, 72 have updated their information and paid a fine of Rs 50,000.

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