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The Maharashtra Real Estate Regulatory Authority (MahaRERA) plans to resolve all pending recovery warrant cases within three months, as announced by State Revenue Minister Chandrashekhar Bawankule earlier this month. Currently, only 316 out of 1,342 recovery complaints have been executed, with the Mumbai suburban and Pune districts accounting for over 60% of the outstanding amount. The total pending recovery stands at INR 985.23 crore, with only INR 214.21 crore recovered so far. While officials are working with collectors to expedite the process, activists argue that a structured approach, including a tracking system, is necessary to ensure effective implementation.
The Maharashtra government has committed to resolving all pending MahaRERA recovery warrant cases within three months. Revenue Minister Chandrashekhar Bawankule made this announcement in the Legislative Council earlier this month, responding to concerns raised by MLC Niranjan Davkhare. Advertisement
According to MahaRERA's latest data, only 316 out of 1,342 recovery warrant complaints in the state have been executed so far. Mumbai suburban and Pune districts account for over 60% of the outstanding recovery amount. The minister assured that steps are being taken to speed up the resolution process and ensure justice for homebuyers.
Mumbai Suburban tops the list with 540 complaints, amounting to INR 424.79 crore, of which only INR 80.49 crore has been recovered. This leaves a pending amount of INR 344.30 crore. Pune district follows closely with 274 complaints across 140 projects, valued at INR 219.71 crore. So far, authorities have recovered INR 42.31 crore from 37 projects, addressing 62 complaints, leaving INR 177.40 crore still to be recovered. MahaRERA officials stated that they have reached out to collectors to accelerate the execution of recovery warrants.
Under Section 40(1) of the Real Estate (Regulation and Development) Act, recovery warrants are issued against developers who fail to comply with financial obligations. These warrants are forwarded to district collectors for property attachment and fund recovery. Despite these measures, the overall execution rate remains low, with just 23.5% of cases addressed. Out of the total INR 985.23 crore to be recovered, only INR 214.21 crore has been retrieved so far.
Past data indicates that MahaRERA has struggled with executing recovery warrants efficiently. In previous years, delays have been a persistent issue, with reports from 2022 and 2023 highlighting the backlog in execution. Despite government assurances, challenges such as bureaucratic delays, lack of enforcement mechanisms, and non-cooperation from developers have hindered progress.
In 2021, the Maharashtra government made similar commitments to expedite the process, but enforcement remained weak. Compared to states like Uttar Pradesh, where RERA has implemented an online dashboard to track recovery warrant orders, MahaRERA still lacks a robust tracking system. Additionally, lengthy legal processes and administrative bottlenecks have slowed recovery efforts, leaving homebuyers in prolonged uncertainty.
Homebuyers awaiting recovery warrant execution have expressed frustration over the delays. Arun Sheth, a senior citizen from Mumbai's suburbs, shared that he has been waiting for four years for collectorate officials to act on his case, with no visible progress.
To accelerate the execution of recovery warrants, authorities proposed appointing retired tehsildars in Mumbai suburban and Pune districts. However, MahaRERA has so far managed to appoint only one officer for Mumbai suburban, with no applications received yet for Pune.
The Maharashtra government's pledge to resolve all pending MahaRERA recovery warrant cases within three months is a significant move to address homebuyer grievances. However, given the slow progress so far, concerns remain about whether this timeline is realistic. Records show that previous government assurances have not resulted in substantial improvements.
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