With Diwali 2025 around, MahaRERA is committed to approving projects that strictly adhere to the legal, technical, and financial criteria of the regulatory body.
Traditionally, the real estate sector launches new housing projects during the festive season of Dussehra and Diwali.
In order to enable the launch of new housing projects on the auspicious occasion of Dussehra, the Maharashtra Real Estate Regulatory Authority (MahaRERA) issued a record number of registration numbers. Additionally, MahaRERA granted extensions as well as permitted corrections to existing projects in line with the proposed plans submitted by the respective developers.
A total of 809 applications were approved by MahaRERA to issue new registration numbers, extend timelines, and make corrections to existing ones. To make this record possible, the entire workforce at MahaRERA worked round the clock.
On the eve of Dussehra alone, 200 projects were granted certificates of approval. This is the first time such a large number of new housing projects have received MahaRERA registration numbers during Dussehra.
Out of the 809 projects, 405 received new registration numbers, the deadlines of 209 projects were extended, and 195 proposals for corrections to existing projects were approved.
The most number of projects came from Pune city alone, at 122. From other areas in the Pune region, 6 were from Satara, 4 each from Kolhapur and Sangli, and 3 from Solapur. The entire Mumbai Metropolitan Region, including Greater Mumbai limits, accounted for 197 projects. This included 63 from Mumbai city and suburbs, 58 from Thane, 41 from Raigad, 22 from Palghar, 9 from Ratnagiri, and 4 from Sindhudurg.
From Vidarbha, 31 projects were approved, including 20 from Nagpur, 5 from Amravati, 4 from Akola, and 2 from Chandrapur. From the region of Khandesh, 29 projects were approved, with 23 from Nashik, 5 from Ahilyanagar, and 1 from Dhule. Comparatively, Marathwada saw 9 projects receiving approval, including 5 from Chhatrapati Sambhajinagar, 3 from Jalna, and 1 from Latur.
Between 25 April and 25 September, that is, within 6 months, 4,940 project proposals were approved by MahaRERA. Of these, 2,039 new housing projects were issued registration numbers. In addition, 1,748 proposals for timeline extensions and 1,153 for corrections in existing projects were also approved.
In the real estate industry, the auspicious festive occasions of Dussehra and Diwali hold equal importance. Therefore, MahaRERA is ensuring that housing projects which meet the legal, technical, and financial criteria as set by the regulator are granted approval. For this, the entire system of MahaRERA`s registration department is making due efforts.
