Maharashtra RERA: MahaRERA's action on non-compliance prompts increase in quarterly project updates
Maharashtra Real Estate Regulatory Authority (MahaRERA) sees an increase in housing projects submitting Quarterly Progress Reports (QPR) preemptively, following strict regulatory measures. Out of 480 projects registered in April 2023, 46.25% comply with QPR requirements without notice. MahaRERA aims for 100% compliance, with the regulator suspending registrations of over 388 non-compliant projects in September.
Source: indiatimes.com