About 1540 Lapsed Projects May Get Maharera Extension

By hairstyler On Nov 11, 2025

About 1,540 Lapsed Projects May Get MahaRERA Extension

About 1,540 Lapsed Projects May Get MahaRERA Extension Copyright © 2024 maharashtra real estate regulatory authority, india. all rights reserved. Specifically, section 7 (3) of the act allows maharera to extend a project’s registration even after the maximum period under section 6 has expired — provided it is in the interest of homebuyers (allottees).

1,540 Lapsed Projects May Get MahaRERA Extension | Pune News - Times Of ...

1,540 Lapsed Projects May Get MahaRERA Extension | Pune News - Times Of ... The registration of project granted under section 5 of the rera act, 2016 may be extended by the authority on an application made by the promoter due to force majeure, in such form and on payment of such fee as may be prescribed by specific state regulations made by the rera authority. Pune: as many as 541 lapsed projects in the state have been given an extension for completion by the maharashtra real estate regulatory authority (maharera), after separate hearings and getting consent from the homebuyers involved in each case, officials told toi on monday. In a significant move towards the revitalization of the real estate sector, maharashtra real estate regulatory authority (maharera) has granted extensions to over 540 lapsed housing projects. The developers of the lapsed projects need to submit occupation certificate (oc) with form 4 or seek extension of projects. the application is to be supported with the requisite documents.

Maharera: 1,540 Lapsed Projects May Get MahaRERA Extension | Pune News ...

Maharera: 1,540 Lapsed Projects May Get MahaRERA Extension | Pune News ... In a significant move towards the revitalization of the real estate sector, maharashtra real estate regulatory authority (maharera) has granted extensions to over 540 lapsed housing projects. The developers of the lapsed projects need to submit occupation certificate (oc) with form 4 or seek extension of projects. the application is to be supported with the requisite documents. Learn about maharera extension of time for stalled housing projects, ensuring transparency and accountability in the completion process. Builders of 5,324 housing projects have replied to the show cause notices, which is welcoming. of these, 3,517 projects have submitted their occupancy certificates and 524 have applied for the. The notices have been issued to developers who have failed to update their project’s status and related information on maharera website, even after a month of the project’s completion date. These projects, registered since may 2017, have failed to update their completion status, or apply for extensions, prompting the regulatory body’s intervention. developers are now required to respond within 30 days.