Beginning July 25, the notices will initially be issued to those developers who have 50% bookings but there is zero work or expenditure on the project site
The Maharashtra Real Estate Regulatory Authority (MahaRERA) is going to start issuing suo motu show-cause notices to developers of over 4,500 lapsed real estate projects in the state from next week, senior MahaRERA officials confirmed to Moneycontrol.
Source: Money Control
