The Maharashtra Real Estate Regulatory Authority (MahaRERA) was created. After the Real Estate Regulating Act of 2016 was approved by Parliament, it became India’s first real estate regulatory body.
The authority permitted developers to seek for the extension of project registrations on December 27 without the approval of 51% of homeowners. Developers must, however, provide a justification for why registrations should be renewed without this authorization, according to a MahaRERA ruling
https://www.constructionworld.in/latest-construction-news/real-estate-news/top-five-orders-from-maharashtra-rera-for-2022/38423
Source: Construction World
