MahaRERA approves around 70 Projects after Diwali

MahaRERA approves around 70 Projects after Diwali
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On 28th October 2022, the Maharashtra Real Estate Regulatory Authority issued alerts on recently registered projects in the state of Maharashtra after the festive period of Diwali.

The Konkan and Pune top divisions will make up the majority of the construction projects on the list. After Diwali, a total of 70 projects were approved. Sanctioned projects include residential and commercial buildings and industrial land offered to companies interested in building factories or production facilities. Mixed developments also appear on this list: zones with different functions coexist harmoniously, such as shops, offices or car parks.

The first of these projects to stand with the most sanctioned residential properties is 46. Furthermore, there are 5 upcoming commercial projects and 14 more coming in second and third place, respectively, to occupy a position after residential, and we can see that clearance for 5 plot allotments has already been granted.

The majority of residential constructions are in Konkan and Pune. Commercial property covers a substantial portion of the development space in Konkan, with three projects running there; the other two commercial projects are all located in Pune. The list also includes some ongoing and future mixed-use developments in Pune and Konkan. Furthermore, we have Amravati, Aurangabad, Nasikh, and Nagpur on the list with diverse project allotments when addressing different divisions.

The major chunk of projects are concentrated in Pune and the Konkan geographic area. Pune has a total of 26 projects, whereas Konkan has 27 projects, where Pune has two commercial projects, twenty residential projects, and four miscellaneous projects. Konkan has been approved for 15 residential projects, 3 business projects, 8 unspecified projects, and 1 plot property allocation. Two residential developments have been approved for Amravati. Aurangabad has three projects, two of which are residential and one of which is commercial. Moving on with MahaRERA updates, Nagpur received four plot allotments and three residential construction allotments.

A detailed report is provided with each project's RERA ID, as well as the project, type and their location for each project is given below:-

Sr.no RERA ID Project Name Project Promoter Project Type
1 P52100047390 GREEN HIVE PLUS WING A4 RAM INDIA SHELTERS Residential
2 P50500047391 SHREE LAXMI NAGAR - 2 , RESIDENTIAL LAYOUT PLAN FOR KH NO 28/1 AND 28/2 M/S SHREE REALTORS Plots
3 P52000047387 INVICTA AVIANNA INFRA LLP Residential
4 P52100047409 PRATIBHA NAKSHATRA NATU KUNJIR ASSOCIATES Residential
5 P52800047361 PALM HORIZON SHIVKAILAS DEVELOPMENT CORPORATION Plots
6 P52100047398 SIDDHI ANANATA SIDDHIVINAYAK DEVELOPERS Residential
7 P51600047365 PRABHAT PARIVAR APARTMENT PRABHAT DEVELOPERS Others
8 P53000047375 SHRIHARI ENCLAVE NANDKUMAR DASHARATH MALI Others
9 P52100047402 SHANTAY RESIDENCY SIDDHIVINAYAK DEVELOPERS Residential
10 P52000047363 JAGUAR HEIGHTS RUPESH MACHHINDRANATH DHUMAL Others
11 P52100047362 PRAKASH B ZONE PRAKASH VENTURES Commercial
12 P51800047394 PAHUJA BUSINESS AVENUE PHASE-I SHAKTI CONSTRUCTIONS Commercial
13 P52100047370 VELVET VILLAS PHASE 2 ASHDAN DEVELOPERS PRIVATE LIMITED Residential
14 P50500047414 NILE ESTATE VALLEY BRIJMOHAN KISHAN TIWARI Plots
15 P51600047408 CHAMUNDA ELITE PRAYAG BUILDCON Residential
16 P52700047412 KESHAV SRUSHTI ABHISHEK SUBHASH NIKAM Residential
17 P99000047406 NAVYA DARSHAN DARSHAN BUILDERS AND DEVELOPERS Others
18 P52100047401 AARYA CAPITAL AARYA ASSOCIATE Others
19 P51900047404 REGENT AURUM REGENT SPACES Others
20 P50500047388 SAMRUDDHI - 6 TIRUPATI DEVELOPERS Plots
21 P52100047396 ENNVOGUE PHASE I MATOSHREE VARAD VINAYAK VENTURES Residential
22 P51700047423 RITZ PHASE II COMMERCIAL TOWER D VIKAS HARAKCHAND JAIN Commercial
23 P50500047415 KANCHAN NAGARI - 2 NARENDRA UTTAM LAROKAR Plots
24 P50500047369 RAVINDRA APARTMENT M/S ATHARVASHREE INFRASTRUCTURE Residential
25 P52100047378 LODHA BELLA VITA SIGNET MACROTECH DEVELOPERS LIMITED Commercial
26 P52100047367 BELLACASA ROYALE TOWER N1 RACHANA LIFE SPACES Residential
27 P51700047354 SWAPNAGANDHA CHSL SHREE SAIRAJ DEVELOPERS Residential
28 P51800047421 ASHFORD REGAL - PHASE I - WING A PROJECT WMI REAL ESTATE DEVELOPERS LLP Others
29 P52100047405 GODREJ SERENE GODREJ SKYLINE DEVELOPERS PRIVATE LIMITED Residential
30 P52700047413 VENKATESH DEVELOPER VISHAL LALASAHEB DESHMUKH Residential
31 P51500047356 MY HOME ANNEX MANOJ KACHRULAL CHOPDA Residential
32 P52100047392 AKSHAY VRINDAVAN AKSHAY SKYSCRAPERS LLP Residential
33 P51700047364 VISION SRUSHTI 1 MOHAN RATARAM CHOUDHARY Residential
34 P51800047377 QUEENS PARK V LAXMI ESTATE DEVELOPERS PRIVATE LIMITED Residential
35 P99000047358 TRIPURA RESIDENCY AMRITA SANDIP BARMERA Residential
36 P99000047355 SUKH SHANTI APARTMENT SAIMIRRA REALTY Residential
37 P51600047395 SAUJANYA APPARTMENT ADIRAJ CONSTRUCTION Residential
38 P50000047380 CHINTAMANI TOWER NITIN VASANTRAO PADGHAN Residential
39 P51700047382 SHREE KRUSHNA KUNJ BHAGWATI BUILDERS AND DEVELOPERS Residential
40 P51800047359 CHEMBUR DEEP JYOTI CHS LTD P M DEVELOPERS Others
41 P51600047403 DAKSH ENCLAVE R K CONSTRUCTION Residential
42 P99000047407 VINOD PARK H V PAJWANI HUF Residential
43 P51800047422 KANAKIA SILICON VALLEY F KANAKIA FUTURE REALTY PRIVATE LIMITED Residential
44 P51800047381 APEX GREEN WOOD APEX INFRATEC Residential
45 P51900047419 EARTH 280 EARTH BUILDERS Residential
46 P52100047393 LEGACY IMPERIAL PHASE II WHITE PROPERTIES AND VENTURES Residential
47 P51800047383 ONE AMAAD AMAAD DEVELOPERS Others
48 P50500047397 DHANSHREE 2 DHANSHREE HOMES Residential
49 P52100047376 BILWADAL AASTHA DEVELOPERS Residential
50 P51500047411 SADGURU RESIDENCY SADGURU DEVELOPERS Residential
51 P51500047368 HEERA TOWER ABDUL JABBAR SHAIKH SATTAR SHAIKH Others
52 P51800047374 HANSINI ASTORIA SHAISHAV NITESH SATRA Others
53 P50400047417 SAHAS PARADISE PROPOSED APARTMENT ON PLOT 8 AND 9 IN SR NO 39/1 SAHAS LAND AND INFRA DEVELOPERS PRIVATEL LIMITED Residential
54 P52100047371 UNIQUE YOUTOPIA PHASE III UNIQUE ASSOCIATES Residential
55 P51600047373 SHREE MURALIDHAR HEIGHTS SHREE BUILDCON Residential
56 P52100047386 PHANSHUL HOMES PHANSHUL PROPERTIES LLP Residential
57 P51800047416 ARYAVARTA INDRAPRASTHA CHSL ARYAVARTA INDRAPRASTHA CO OPERATIVE HOUSING SOCIETY LIMITED Residential
58 P51800047418 SUNSET GARDENS BY MARATHON UNITED ENTERPRISE Residential
59 P51900047379 SUGAN HEIGHTS GULABDEVI JAIN & OTHERS Residential
60 P52100047389 DURVANKUR SRUSHTI DURVANKUR VASTUNIRMITI PRIVATE LIMITED Residential
61 P52700047385 USHA HEIGHTS SATARA BUILDERS Residential
62 P51800047384 ASHFORD REGAL - PHASE II - WING B PROJECT WMI REAL ESTATE DEVELOPERS LLP Others
63 P51700047399 SHIVANAND SRA CHS MADHUR MANOHAR RAO Residential
64 P53100047420 SIDDHIVINAYAK SAACHI DEVELOPERS Residential
65 P53000047372 SOLITAIRE M/S KULKARNI LOHIA DEVELOPERS Others
66 P52100047357 GIRIKUNJ RAHUL PRABHAKAR RASANE Residential
67 P52100047360 GUND PALACE VEDANT CONSTRUCTION Residential
68 P52100047366 GANGA AVANTA A1 SOHAM ASSOCIATES Others
69 P51800047410 ARC ONE CHANDRA GUPTA ESTATES PRIVATE LIMITED Commercial
70 P50100047400 KALPANA SIDDHI MUKUND KESHRAVRAO MALI Residential

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The Maharashtra Real Estate Regulatory Authority (RERA) was established by the Maharashtra government to make sure developers follow the law. MahaRERA is an independent organization whose main purpose is to keep track of any real estate development taking place in India. Without MahaRERA approval, developers are not permitted to participate in any transactional or marketing activities. In India, each state has its own laws governing real estate. MahaRERA is the regulatory body for Maharashtra (Maharashtra Real Estate Regulation & Development Authority)