The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled that developers cannot partially deregister a real estate project on the grounds of financial non-viability, rejecting a request from a Nagpur-based developer.
MahareraReal EstateDeregistrationNagpurMihansezReal Estate NewsSep 25, 2025
The Maharashtra Real Estate Regulatory Authority (MahaRERA) is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to regulate the real estate sector in Maharashtra.
The developer, Moraj Infratech Private Limited, sought deregistration of the residential building, Ganga, citing financial non-viability and zero bookings.
MahaRERA rejected the request for partial deregistration of the project, stating that once a project is registered, it cannot be partially deregistered.
The commercial section of the project, comprising 37 units, was already substantially completed, with a partial occupancy certificate (OC) granted on December 29, 2023. Out of these, 35 units had been sold, 32 agreements for sale executed, and possession had been handed over to buyers.
The developer is allowed to make corrections for the deletion of the residential building, and the Director Registration, MahaRERA, is to facilitate this correction process within a period of 60 days.
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