A total of 4,555 real estate projects lapsed, of which 2,789 were old projects registered as ‘ongoing’ in 2017 and 1,766 were new projects, MahaRERA said in response to a Right To Information application filed by Moneycontrol
More than 38% of the total 4,555 lapsed real estate projects in Maharashtra, also termed delayed, were launched and registered as “new projects” after the Maharashtra Real Estate Regulatory Authority was set up in May 2017, according to data accessed by Moneycontrol under the Right to Information Act, 2005
https://www.moneycontrol.com/news/business/real-estate/mc-exclusive-38-of-delayed-real-estate-projects-in-maharashtra-launched-after-mahareras-creation-data-9771151.html
Source: Money control
