On October 16, 2022, MahaRERA published notifications of freshly approved Maharashtra projects.
MahaRERA has approved projects like residential and commercial allotments, as well as other construction developments that enterprises interested in erecting stores or manufacturing facilities, to include on this list. Other mixed-use constructions are also included in this list: complexes in which areas with varied services, such as retail stores, office spaces, or parking lots, coexist cooperatively. Pune and Konkan are the top two cities in terms of project listings.
Maharashtra RERA has updated 7 projects, with Konkan receiving 3 approvals, Nasikh receiving 1, and Pune receiving 3 authority clearances for development. Touching on the locations of those projects, Konkan includes Thane, Bombay City, and Mumbai Suburbs. Pune projects, however, aim to develop Satara.
MahaRERA authorized 3 residential developments out of the 7 proposals. 3 other projects have gained MahaRERA approval, as well as 1 commercial space allocation. Pune and Konkan are where the majority of projects are located. Pune has a total of 3 projects, whereas Konkan has 3. The list indicates that Nasikh has 1 project.
A detailed report is provided with each project's RERA ID. List of rera registered projects in Maharashtra on 16th of October 2022:-
|OM SAI SRA CHSLTD
|LAXMI NARAYAN INDUSTRIES
|RAJ SILVERSTONE PHASE-2
|NEELKANTH LANDMARKS SHREENIWAS RESIDENCY
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RERA stands for Real Estate Regulatory Authority and is the Government body for regulating Real Estate Developers and Agents (Brokers) It came into existence in 2016 and aims to protect the interest of property buyers. Every under-construction property must obtain RERA certificate and disclose a completion date before selling units to property buyers/investors. In India, each state has its own laws governing real estate. MahaRERA is the regulatory body for Maharashtra (Maharashtra Real Estate Regulation & Development Authority)