Flats worth ₹23K Crore Approved
Nagpur: Maharashtra ’s real estate regulator recently approved 435 housing projects involving an estimated investment of Rs23,719 crore and 32,981 flats around Dussehra , as developers sought to capitalise on the festive season ahead of Diwali . The projects included 32 projects in Vidarbha — 27 in Nagpur, four in Amravati and one in Akola. Maharashtra Real Estate Regulatory Authority (MahaRERA) also approved deadline extensions for 210 projects and corrections to 609 existing projects. Mumbai Metropolitan Region (MMR) led the new registrations with 201 projects, followed by Pune with 140. The regional figures also included 24 in Khandesh and eight in Marathwada. In Pune region, the tally included 13 projects in Satara, eight in Kolhapur and three each in Sangli and Solapur. MMR approvals comprised 63 projects in Mumbai city and suburbs, 70 in Thane, 36 in Raigad, 25 in Palghar, five in Ratnagiri and two in Sindhudurg. Khandesh accounted for 24 projects, including 23 in Nashik and one in Ahilya Nagar. Between April and Sept 2026, MahaRERA approved 6,486 applications, including 2,056 new registrations. It also approved 2,053 extension applications and 2,377 correction proposals. Including approvals in Oct, the authority’s cumulative tally stood at 7,740 applications: 2,491 new registrations, 2,053 extensions and 2,377 corrections.
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The authority said its team worked round the clock to process proposals while maintaining the legal, technical and financial requirements for approval. MahaRERA media coordinator Ram Dontonde said developers must obtain approval under the corrections category before making amendments, alterations or additions to registered projects. The regulator said it would continue processing projects that meet its prescribed criteria ahead of Diwali, with the stated aim of improving transparency, protecting homebuyers and facilitating timely project completion.
Two projects in Dadra and Nagar Haveli and one in Daman were also approved. Marathwada’s eight projects comprised seven in Chhatrapati Sambhajinagar and one in Nanded. Developers are also required to seek deadline extensions when projects face delays. Without an approved extension, a project can be classified as lapsed, potentially affecting its progress. Download the TOI App.