Festive Surge: MahaRERA Approves 405 New Real Estate Projects
MahaRERA approved 405 new real estate projects during Dussehra, marking the highest-ever single-day festive clearances. The authority also granted extensions and corrections to existing projects, totaling 809 approvals.
Real EstateMahareraDussehraApprovalsMaharashtraReal EstateOct 16, 2025
On the eve of Dussehra alone, 200 projects were granted certificates of approval. In line with developers’ submitted proposals, MahaRERA also granted timeline extensions and permitted corrections to existing projects.
In total, 809 applications were approved for new registrations, extensions, and corrections. Of these, 405 projects received new registration numbers, deadlines for 209 projects were extended, and 195 existing projects were granted correction approvals.
Pune city topped the list with 122 projects, followed by the Mumbai Metropolitan Region, which accounted for 197 projects. This included 63 from Mumbai city and suburbs, 58 from Thane, 41 from Raigad, 22 from Palghar, nine from Ratnagiri, and four from Sindhudurg.
Between April 25 and September 25, MahaRERA approved 4,940 project proposals. Of these, 2,039 were new housing projects granted registration numbers, while 1,748 received timeline extensions and 1,153 secured approvals for corrections.
In the real estate industry, the auspicious festive occasions of Dussehra and Diwali hold equal importance. Therefore, MahaRERA is ensuring that housing projects meeting the legal, technical, and financial criteria are granted the nod. For this, the entire registration department is making due efforts, the authority said in a statement issued on Thursday.
MahaRERA, established under the Real Estate (Regulation and Development) Act, 2016, serves as Maharashtra’s governing authority for real estate. It aims to ensure transparency and accountability in property transactions while safeguarding the interests of homebuyers and developers alike.
Frequently Asked Questions
What is MahaRERA?
MahaRERA, or the Maharashtra Real Estate Regulatory Authority, is the governing body for real estate in Maharashtra, established under the Real Estate (Regulation and Development) Act, 2016. It aims to ensure transparency and accountability in property transactions.
How many new projects were approved by MahaRERA on Dussehra?
MahaRERA approved 405 new real estate projects on Dussehra, marking the highest-ever single-day festive clearances.
What other types of approvals did MahaRERA grant?
In addition to new project approvals, MahaRERA granted timeline extensions for 209 projects and corrections for 195 existing projects, totaling 809 approvals.
Which regions saw the highest number of project approvals?
Pune city topped the list with 122 projects, followed by the Mumbai Metropolitan Region, which accounted for 197 projects, including 63 from Mumbai city and suburbs and 58 from Thane.
What is the significance of Dussehra and Diwali in the real estate industry?
Dussehra and Diwali are auspicious occasions that are highly significant in the real estate industry. MahaRERA ensures that housing projects meeting legal, technical, and financial criteria are granted approvals during these festivals.
Related News Articles
Ayodhya's Real Estate Boom: 57 Investors Secure Commercial Plots Through RealX
Discover the rapid growth of Ayodhya's real estate market, where 57 investors have secured commercial plots through RealX, a leading real estate platform.
Union Budget 2024: A Mixed Bag for the Real Estate Market
Real estate experts weigh in on the Union Budget 2024, analyzing the provisions introduced by Finance Minister Nirmala Sitharaman for the sector.
Exceptional Leadership in Real Estate: Garrison Vandine Named Franchise Rock Star
Celebrating innovation and leadership in the real estate industry, Garrison Vandine receives prestigious Franchise Rock Star award.
Congress Resurgence Compared to Chinese Stock Market: Market Guru's Take
Market guru Shankar Sharma has likened the Congress party’s resurgence to the rise of China's stock market, which is on an upward trajectory following stimulus measures from Beijing.
MHADA Pune Division Launches Lottery for 6294 Affordable Flats: Key Dates and Details
Real Estate - MHADA Pune Division Begins Lottery for 6294 Affordable Flats: Important Dates and Information.
Rexas Finance (RXS) Poised to Surpass All-Time High Before Dogecoin (DOGE) and Others
Rexas Finance (RXS) is making waves in the cryptocurrency market, with experts predicting that it could reach new all-time highs before Dogecoin (DOGE) and other popular tokens. This article delves into the background of Rexas Finance, its recent developm