The Maharashtra Real Estate Regulatory Authority (MahaRERA) marked a decisive year in 2025 with a series of measures aimed at strengthening homebuyer protection and ensuring developer accountability. Under Chairman Manoj Saunik, the authority’s first full calendar year in office, several buyer-centric initiatives reshaped regulatory practices, reinforcing transparency and timely redressal of grievances across the state.
Among the most significant moves, MahaRERA suspended registrations for 1,905 housing projects and froze the bank accounts of developers failing to comply with statutory obligations. This action, unprecedented in scale, followed notices issued in late 2024 for non-compliance with mandatory project disclosures. Officials emphasised that further action would extend to thousands of additional lapsed projects, highlighting the regulator’s commitment to curbing irregularities in the market. In April, the authority mandated that all real estate advertisements prominently display the project’s MahaRERA registration number alongside a QR code linking directly to the official RERA webpage. The order specified font-size standards to ensure visibility, warning developers and agents of potential penalties up to ₹50,000 for non-compliance. Industry experts observed that such measures increase buyer confidence by providing direct access to verified project information.
MahaRERA also issued landmark rulings on homebuyer entitlements. In a July decision, the regulator directed a Mumbai-based developer to allocate parking spaces within the same wing as purchased apartments, rectifying a longstanding dispute. The order required the handover of dedicated, numbered spaces within 60 days, emphasising that deviations constitute deficiencies in service under RERA provisions. To enhance accessibility, MahaRERA implemented a hybrid hearing system in August, offering complainants and developers the choice between virtual and physical hearings. This followed Bombay High Court directives and allows more flexible participation in dispute resolution, particularly benefiting residential societies managing collective grievances. Further, in November, the authority formalised a Standard Operating Procedure (SOP) to ensure time-bound recovery of compensation from developers for breaches of contract. Homebuyers are now guaranteed recourse to claim financial redress within 60 days, with MahaRERA mandating prompt adjudication of non-compliance applications, including applicable interest on delayed possession or compensation.
Analysts note that these interventions collectively strengthen regulatory oversight while promoting accountability, transparency, and fairness in Maharashtra’s real estate sector. By enforcing clear compliance standards and expediting grievance resolution, MahaRERA is addressing long-standing structural challenges and enhancing trust in the housing market.
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Maharashtra MahaRERA Suspends Projects And Enforces Parking And Ad Rules 2025
