Real Estate Maharashtra

MahaRERA Refund Orders: Maharashtra Buyers Struggle to Recover Money

By GeoSquare News Desk · Published 2026-10-18

Homebuyers across Mumbai and Maharashtra who have secured refund orders from the Maharashtra Real Estate Regulatory Authority (MahaRERA) are finding that winning the case is only half the battle. Even after obtaining favourable orders, recovering the actual money from developers remains a prolonged and frustrating exercise.

Orders Easy to Get, Hard to Execute

While MahaRERA has been active in directing developers to refund buyers along with interest for delayed or stalled projects, enforcement largely falls outside the regulator's direct purview. Buyers say they often have to approach consumer forums or civil courts to get the refund orders executed, adding months or even years to the process.

Developers Cite Cash Flow Pressures

Industry observers note that many developers facing project delays or financial stress simply do not have the liquidity to honour refund liabilities promptly. This leaves buyers in limbo, having paid instalments or full consideration with little recourse beyond repeated legal follow-ups.

What Maharashtra Buyers Should Do

Property experts advise homebuyers to keep complete documentation of payment records, correspondence and the MahaRERA order, and to pursue execution through legal channels without delay. Consulting a real-estate lawyer at the earliest stage can help streamline the recovery process.

Wider Implications for the Market

The enforcement gap raises questions about the practical strength of regulatory protections in Maharashtra's ₹lakh-crore residential market, even as MahaRERA continues to register new projects and dispose of complaints at scale.