MahaRERA Approves 405 Housing Projects in Maharashtra Ahead of Dussehra
MahaRERA, the regulatory body for the real estate sector in Maharashtra, has approved the registration of 405 real estate projects, indicating a strong surge in the housing market. The Mumbai Metropolitan Region (MMR) led the approvals with 197 projects, followed by Pune city with 122 projects. This record number of approvals, particularly ahead of the festive season, reflects both market optimism and regulatory efficiency.
Officials confirmed that of the 405 projects, 200 were freshly approved on the eve of Dussehra. Additionally, extensions and corrections were sanctioned for another 400 projects combined. Beyond the Pune and MMR regions, approvals extended to 31 projects in Vidarbha, 29 in Khandesh, and nine in Marathwada, highlighting a state-wide thrust to formalize housing development under stringent regulatory oversight. MahaRERA officials explained that festivals such as Dussehra and Diwali traditionally trigger a flurry of project launches, prompting developers to secure timely registration.
“Developers aim to align project approvals with festival periods to attract homebuyers. Accordingly, the regulator issued a record number of registration numbers, along with extensions and corrections in existing projects,” said a senior official. This strategic timing is crucial for developers to capitalize on the increased consumer interest during the festive season.
Comparatively, last year’s approvals were significantly lower, with only 38 new registrations, one extension, and two corrections. This was due to technical constraints on MahaRERA’s portal and rigorous checks to ensure compliance with legal, technical, and financial criteria. The current surge reflects both upgraded digital infrastructure and proactive regulatory engagement.
Within the MMR, Mumbai city and suburbs accounted for 63 registrations, Thane 58, Raigad 41, Palghar 22, Ratnagiri nine, and Sindhudurg four. Pune’s surrounding areas also witnessed approvals, including six projects in Satara, four each in Kolhapur and Sangli, and three in Solapur. This distribution underscores the regulator’s state-wide coverage and commitment to standardizing project compliance.
Between April 25 and September 25, MahaRERA sanctioned a total of 4,940 project proposals, encompassing 2,039 new registrations, 1,748 timeline extensions, and 1,153 corrections. Officials highlighted that the regulatory workforce operated round-the-clock to process applications efficiently, ensuring the sector remained responsive to both developers and homebuyers.
Experts emphasize that while the surge in approvals boosts market confidence, it also underscores the importance of monitoring compliance with sustainable building practices, timely project delivery, and financial transparency. “Rapid approvals must be balanced with enforcement of eco-friendly construction standards, to ensure Maharashtra’s urban expansion remains sustainable and equitable,” said a real estate analyst.
The festival-driven approvals mark a record milestone for MahaRERA and signal strong recovery in housing demand, while reinforcing the regulator’s commitment to streamlining project registrations and enhancing investor confidence across Maharashtra.
