Real Estate Transactions

MahaRERA declares 407 projects 'lapsed' in state in 2021

Economic Times  

Real estate regulator MahaRERA has declared 407 projects across the state lapsed in 2021 after their validity of registration expired. The lapsed list includes around 23 projects in Aurangabad division alone. As per rules, a promoter must not advertise, market, book, sell or offer for sale, or invite people to purchase any plot, apartment or building in any of these projects.

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