These housing developments are among more than 4,500 real estate projects that have lapsed in Maharashtra. However, not a single homebuyer has been affected as bookings for government projects open only after an occupation certificate is issued.
Over 4,500 real estate projects registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA) have lapsed as their completion deadline has expired. The list, accessed by Moneycontrol, shows at least 21 of the projects are being constructed by government agencies.
Source – Money Control
