Tag: #Lapsed Projects in Maharashtra

Maharashtra RERA relaxes project extension rules that have expired.

January 23, 2023

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has permitted developers to apply for project extensions without the consent of 51% of homebuyers in the respective units. Homebuyers are concerned that MahaRERA’s decision will cause additional delays in the completion of projects that have already missed deadlines. A project is considered “lapsed” if the developer […]

Maharashtra RERA relaxes project extension rules that have expired.more