Maharashtra's real estate authority recovers over Rs 200 crore for homebuyers, issues warrants to developers.

Maharashtra's Real Estate Regulatory Authority (MahaRERA) has recovered over Rs 200 crore from developers to compensate homebuyers. MahaRERA issued 1,163 warrants to recover Rs 705.62 crore across the state, with significant amounts from Mumbai city, Mumbai suburban, and Pune. To speed up recovery, MahaRERA plans to appoint retired Tahsildars in district collectorates in Mumbai suburban and Pune.

December 02, 2024
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