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The Maharashtra Real Estate Regulatory Authority has taken action against 8,212 housing projects for not updating their Quarterly Progress Reports within the mandated timeline. Out of 33,029 registered projects across the state, these cases of non-compliance have triggered show cause notices under the RERA framework. Developers have been given 60 days to respond and update records, failing which stricter measures may follow, including suspension or cancellation of registrations, penalties, and restrictions on sales and marketing activities. The move aims to strengthen transparency and protect homebuyer interests through timely disclosure of project details.
The Maharashtra Real Estate Regulatory Authority has issued show cause notices to 8,212 housing projects for failing to update their Quarterly Progress Reports (QPRs) within the prescribed deadline, marking a significant compliance lapse under the Real Estate (Regulation and Development) Act, 2016. Advertisement
The state currently has 33,029 housing projects in different stages of construction, all of which are required to register with the regulator and submit detailed quarterly disclosures through Forms 1, 2, and 3. These forms include information on flats and garages booked, funds collected, project expenditure, and any changes made to approved construction plans.
The QPRs for the January–March quarter were required to be updated by April 20. However, a large number of developers missed the deadline, prompting the regulator to take corrective action. These reports are considered important as they allow both existing and prospective homebuyers to track the real-time progress of projects and assess financial and construction transparency.
The regulator has acted under Section 7 of the RERA Act and issued notices to developers who failed to comply. They have been granted 60 days to respond and update the required information on the MahaRERA portal.
If developers fail to comply within the given period, the authority may initiate strict regulatory action. This includes suspension or cancellation of project registration, which would be treated as a serious violation affecting homebuyer rights. Additional measures under consideration include restrictions on advertising, marketing, and sale of units, along with freezing of project-related bank accounts. A penalty of INR 50,000 may also be imposed for facilitating property registration-related violations.
Most non-compliant projects are concentrated in key regions. The Mumbai Metropolitan Region, including Konkan, accounts for 4,644 such projects. This includes Thane, Mumbai Suburban, Raigad, Palghar, Mumbai City, Ratnagiri, and Sindhudurg.
The Pune region accounts for 2,311 projects, with Pune district alone contributing 1,957 cases. Other districts include Satara, Kolhapur, Sangli, and Solapur. In Khandesh, 511 projects have defaulted, while Vidarbha accounts for 483 projects, including a significant share from Nagpur. Marathwada has 238 projects under notice, with Chhatrapati Sambhaji Nagar reporting the highest numbers in the region.
The compliance framework also requires developers to operate a dedicated escrow-like bank account for each project, where 70% of the booking amount must be deposited. Withdrawals are permitted only against certified progress reports from engineers, architects, and chartered accountants through Forms 1, 2, and 3 submitted to the authority. Even in cases where no withdrawals are made, developers are required to certify fund movements and upload disclosures quarterly.
These compliance obligations are clearly defined at the time of project registration and are part of the regulatory certificate issued by MahaRERA. Despite repeated reminders and established rules, a significant number of developers have failed to meet the reporting requirements, leading to the current enforcement action.
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