Overview
- MahaRERA issued 435 registration numbers on Friday, unlocking 32,981 apartments with an estimated investment of ₹23,719 crore for developers to market during Dussehra.
- The authority also granted extensions to 210 projects and approved corrections to 609 projects to align timelines and revised plans so active developments do not lapse.
- Pune led new registrations with 140 projects while the Mumbai Metropolitan Region accounted for 201 projects, including 63 in Mumbai City and suburbs and 70 in Thane.
- MahaRERA said its team worked round the clock to process applications so eligible projects could receive approvals in time for the festive season and that it will continue expedited processing before Diwali; developers must declare completion dates and seek formal extensions to avoid lapse.
- Taken with approvals from April through September, the October clearances bring the April–October total to 7,740 processed applications and signal a larger pipeline of supply that could accelerate launches, sales activity and near-term construction work.