MahaRERA Approves 1,060 Housing Projects: Fresh Registrations and Extensions Boost Market
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has approved over 1,060 housing projects across the state, with fresh registrations accounting for nearly half the approvals. This significant boost in project clearances includes a mix of new registrations, timeline extensions, and corrections in previously approved proposals.
Of the total approvals, 486 projects were granted registration numbers, while 426 projects received timeline extensions based on revised completion plans submitted by developers. An additional 148 projects were cleared for corrections in previously approved proposals, indicating ongoing recalibration within the project pipeline.
The approvals were driven by a surge in activity in the 18 days leading up to Gudi Padwa, traditionally considered an auspicious period for property transactions and project launches. To keep pace with the influx of applications, MahaRERA processed 211 proposals in a single day. This included issuing registration numbers to 124 projects, granting 53 extensions, and approving corrections in 34 cases.
Regionally, the Mumbai Metropolitan Region (MMR) accounted for the bulk of approvals with 607 projects, followed by the Pune region with 321 projects. Khandesh saw 63 projects cleared, while Vidarbha and Marathwada accounted for 50 and 14 projects, respectively. An additional five projects were approved in Dadra and Nagar Haveli.
At the district level, Pune led with 286 projects, underlining its position as a key residential market. Mumbai Suburban followed with 196 projects, while Thane and Raigad recorded 185 and 110 projects, respectively, each crossing the three-digit mark in approvals.
Within MMR, activity was distributed across Mumbai Suburban’s 196 projects, Thane’s 185, Raigad’s 110, Palghar’s 52, and Mumbai City’s 42 projects, with smaller contributions from Ratnagiri and Sindhudurg. In the Pune region, the bulk of approvals were concentrated in Pune district with 286, with limited additions in Satara, Kolhapur, Sangli, and Solapur.
According to MahaRERA, all approvals were granted after thorough scrutiny to ensure compliance with legal, technical, and financial norms. The latest round of approvals reflects a steady pipeline of new supply entering the market alongside a sizable number of projects seeking more time for completion, pointing to a mixed trend of expansion and execution challenges in Maharashtra’s housing sector.
On Tuesday, the state government kept annual ready reckoner (ASR) rates unchanged for the financial year 2026-27, reflecting a cautious approach amid global uncertainties, as authorities prioritise stability in property valuations to support transaction momentum and affordability across markets. The Inspector General of Registration and Controller of Stamps, Maharashtra, issues these rates annually to determine stamp duty applicable on property transactions. For 2026-27, the state has retained rates across rural, urban, and influence zones without any increase.
