Real Estate

MahaRERA Recovers ₹369 Crore from Developers; Pune Share ₹69 Crore

By GeoSquare News Desk · Published 2026-10-16

Maharashtra's real estate regulator, MahaRERA, has recovered ₹369 crore from developers in connection with homebuyer complaints. Of this total, Pune accounts for ₹69 crore, making it one of the key regions where enforcement action has been concentrated.

Recovery under Section 40(1)

The recovery was carried out under Section 40(1) of the Real Estate (Regulation and Development) Act, 2016. This provision empowers the authority to recover amounts due from developers as arrears of land revenue if they fail to comply with orders or refunds.

What this means for homebuyers

For property buyers in Maharashtra, the development signals that the regulator is actively using its statutory powers to enforce compliance. Homebuyers who have pending refund or compensation orders against developers may see faster resolution as MahaRERA continues to act on complaints.

Pune's role in enforcement

Pune's ₹69 crore share highlights the volume of complaints in the city's residential market. The recovery process is expected to continue as more cases are processed under the Act, strengthening accountability in the state's real estate sector.