MahaRERA Suspends 4,812 Lapsed Projects and Freezes Developer Bank Accounts
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken strict action by suspending the registrations of 4,812 lapsed housing projects across the state. Alongside, the authority has frozen developer bank accounts, marking one of the strongest enforcements in recent times to protect homebuyers’ interests. Why Did MahaRERA Suspend These Projects? In December 2024, MahaRERA flagged … Read more