26 October,2026 09:01 AM IST | Mumbai | Vinod Kumar Menon
The MahaRERA Dussehra bonanza saw 435 projects registered, to build 32,981 proposed flats. REPRESENTATION PIC/ISTOCK
The MahaRERA Dussehra bonanza saw 435 projects registered, covering 32,981 proposed flats, and an estimated investment of Rs 23,719 crore. However, extensions granted to 210 projects and plan corrections approved for 609 others raise questions about project delivery and oversight.
[popcorn number="7740" desc="Applications approved since April 2026 (till October 19)" class="Default"]
Chartered Accountant Ramesh Prabhu, founding chairman of MahaSEWA (Maharashtra Societies Welfare Association), says the regulator's performance must be judged by completed, stalled and lapsed projects, and transparency in protecting homebuyers.
Pune recorded 140 new registrations, including projects in Satara, Kolhapur, Sangli, and Solapur. The Mumbai Metropolitan Region (MMR) led with 201 projects.
Region Projects
MMR 201
Pune region 140
Vidarbha 32
Khandesh 24
Marathwada 8
Dadra & Nagar
Haveli 2
Daman 1
Regulation goes beyond new registrations and developers must declare completion dates and seek extensions for delays; otherwise, projects risk being classified as lapsed. Changes to approved plans also require MahaRERA clearance. However, approval figures alone do not explain delays or the nature of corrections, leaving project delivery progress unclear.
Between April and September 2026, MahaRERA reported approving 6486 housing-project applications. Of these, 2056 projects received registration numbers, 2053 extension proposals were approved, and 2377 correction proposals received clearance.
Along with approvals recorded till October 19, a cumulative total of 7740 applications were approved, including 2491 newly registered projects, 2263 extensions, and 2986 corrections. These figures highlight how regulation involves considerably more than opening the door to new development. Maintaining oversight of project timelines and approved plans is also central to the process.
With Diwali approaching, MahaRERA has reiterated that projects must satisfy its legal, technical, and financial criteria before receiving approval. The authority also said its registration department worked round the clock to facilitate the Dussehra clearances.
Ramesh Prabhu, chartered accountant, and founding chairman of MahaSEWA
âTransparency must extend beyond applications and registrations. MahaRERA should regularly publish each project's registration date, original and revised deadlines, extensions, completion, and Occupation Certificate (OC) status, proposed versus delivered flats, and reasons for delays or lapses. Where legally permissible, it should also disclose complaint status, appellate tribunal orders, NCLT proceedings and action taken. Since 2017, many projects have been delayed or lapsed. MahaRERA must clarify how many are complete, have OCs, or remain stalled. Project-level records, previously available on its portal, have reportedly been removed from public view. Figures must be reconciled with verifiable records. Festive launches do not guarantee delivered homes.'
56,944 applications received since 2017
56,382 projects registered
452 returned asking for additional information
110 remain under scrutiny
435 new registrations: Projects cleared on Dussehra
32,981 proposed flats: Potential housing supply
Rs 23,719 cr Estimated investment in newly registered projects
210 deadline extensions: Projects granted additional time
609 plan corrections: Existing projects approved for plan changes
Figures reflect distinct regulatory functions: Registrations add new projects, extensions address deadlines, and corrections cover proposed changes to approved plans
The success of Maharashtra's housing market will not be measured by festive-season registrations alone. It will also depend on whether new projects translate into completed homes and whether existing developments remain accountable to the timelines and plans on which buyers rely.
