MahaRERA has identified 314 housing projects in Maharashtra that are under insolvency proceedings, urging homebuyers to be cautious.
The authority highlighted that these projects face financial difficulties, which may affect their completion. Developers of these projects are either bankrupt or facing financial trouble, raising concerns about potential delays. Homebuyers are advised to verify the status of these projects before making any commitments. MahaRERA aims to ensure that buyers are well-informed and protected from the risks of incomplete or stalled projects in the state.