Maharashtra has more than 4,500 lapsed, or delayed, residential projects, and the order issued by MahaRERA allows developers to apply for an extension of registration without homebuyers’ consent
To ensure that delayed real estate projects are completed, the Maharashtra Real Estate Authority (MahaRERA) has allowed developers to apply for extension of property registration without the need for consent of 51 percent of homebuyers. Developers will be required to state the reason why registration should be extended without such consent
https://www.moneycontrol.com/news/business/real-estate/maharera-allows-developers-to-apply-for-extension-of-construction-period-without-majority-homebuyer-consent-9777691.html
Source: Money Control
