Pune Surpasses Mumbai as MahaRERA Approves Record 405 Projects on Dussehra
In a landmark festive season for Maharashtra’s real estate sector, Pune has overtaken Mumbai in new housing project approvals, marking a significant shift in the state’s property landscape.
Real EstateMahareraPuneMumbaiUrban GrowthReal Estate MumbaiOct 17, 2025
Officials confirmed that a total of 809 applications were processed in this cycle, including new project registrations, timeline extensions, and corrections to existing developments. Of these, 405 were granted fresh registration numbers, while 209 received deadline extensions and 195 proposals were approved for project corrections. The approvals, finalized through a continuous operational drive by MahaRERA’s workforce, marked the single largest batch ever cleared during a festive season.
What stood out this year was Pune’s dominance. With 122 projects sanctioned within city limits and several more across the surrounding region, Pune outperformed the entire Mumbai Metropolitan Region (MMR), which accounted for 197 projects in total. Among these, 63 were from Mumbai city and suburbs, while Thane, Raigad, and Palghar together contributed the remainder. Real estate experts attribute Pune’s surge to its balanced growth model—a mix of affordability, expanding IT corridors, and better urban planning. A senior housing market analyst observed that Pune’s new projects are increasingly integrating sustainability measures such as solar infrastructure, green building certification, and efficient waste management systems. These developments, he noted, align with the city’s goal of transitioning towards low-carbon urbanisation.
In contrast, Mumbai’s limited land availability and slower approval processes continue to challenge developers. While MMR still commands high property values, Pune’s mid-segment market has proven more agile, attracting both first-time homebuyers and investors seeking stable long-term returns. Beyond the two metros, other regions also showed robust activity. Vidarbha registered 31 new approvals, led by Nagpur, while the Khandesh region added 29, with Nashik emerging as a key hub. Marathwada saw moderate participation with nine new projects sanctioned. The surge reflects MahaRERA’s broader push for timely project clearances and regulatory transparency.
Between April and September 2025 alone, the authority approved nearly 4,940 proposals, including 2,039 new projects, underscoring the resilience of Maharashtra’s housing sector. Officials stated that the festive approvals were part of a deliberate effort to support developers meeting the regulator’s legal, technical, and financial compliance standards. As cities like Pune continue to champion sustainable and inclusive housing models, the data signals an evolving real estate map for Maharashtra— one that increasingly values equitable urban expansion over speculative sprawl. The festive boom not only highlights strong consumer demand but also points to a long-term shift towards greener, better-planned cities across the state.
Frequently Asked Questions
What is MahaRERA?
MahaRERA stands for Maharashtra Real Estate Regulatory Authority. It is a regulatory body established to protect the interests of homebuyers and ensure transparency and accountability in the real estate sector of Maharashtra.
How many new projects were approved during the Dussehra period?
A total of 405 new projects were approved during the Dussehra period by MahaRERA.
Why did Pune outperform Mumbai in new housing project approvals?
Pune outperformed Mumbai due to its balanced growth model, which includes affordability, expanding IT corridors, and better urban planning. Additionally, Pune’s projects are increasingly integrating sustainability measures.
What are the key regions showing robust activity besides Pune and Mumbai?
Vidarbha, Khandesh, and Marathwada are other regions showing robust activity. Vidarbha registered 31 new approvals, Khandesh added 29, and Marathwada saw nine new projects sanctioned.
What is the significance of the festive season approvals?
The festive season approvals signify renewed investor confidence and sustained urban growth beyond Mumbai’s boundaries. They also reflect MahaRERA’s broader push for timely project clearances and regulatory transparency.
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