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The Times of India
The Times of India
National
Nisha Nambiar | TNN

Maharashtra Real Estate Regulatory Authority seeks to execute 717 pending warrants for Rs 633 crore against errant builders

MahaRERA Pune

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has coordinated with 13 district collectorates, including Pune, to execute 717 pending recovery warrants, totalling Rs 633 crore, that were issued against errant developers in the last four years.

Of the 717 warrants, Mumbai suburban area leads with 302, followed by Pune (162) and Thane (99). The warrants were issued in relation to 256 projects, of which 83 are in Pune, 63 in Mumbai suburban and 41 in Thane. The other collectorates include Raigad, Alibaug, Palghar, Mumbai city, Nagpur, Aurangabad, Nashik, Chandrapur, Sindhudurg and Satara.

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