Maharashtra has firmly established itself as a frontrunner in real estate governance with more than 50,000 housing projects registered under the Maharashtra Real Estate Regulatory Authority (MahaRERA). This achievement represents roughly 35% of all real estate projects registered under RERA across India, placing Maharashtra far ahead of other states in terms of regulatory coverage.
The Real Estate (Regulation and Development) Act, 2016, aimed to increase transparency and protect homebuyers. MahaRERA, formed in 2017 in response to the Act, has since played a pivotal role in regulating housing development and addressing consumer grievances in the state.
The lion’s share of Maharashtra’s registered projects lies in the Konkan region, including the bustling Mumbai Metropolitan Region (MMR), which accounts for 23,770 projects. Pune follows closely with 15,932 registered developments, with Pune district alone responsible for 12,788.
Other significant contributors include:
This wide geographic spread highlights the state’s balanced urban and semi-urban development under robust regulatory oversight.
In comparison, Tamil Nadu ranks second with 27,609 registered projects, and Gujarat follows with 15,322. These three are the only Indian states to have crossed the 10,000-project threshold, showcasing Maharashtra’s dominant position in shaping India’s regulated housing landscape.
Read More: Impact of RERA on Real Estate.
According to MahaRERA Chairman Mr Manoj Saunik, the consistent rise in housing registrations signals Maharashtra's evolving economic base and increasing urban housing demand. The surge in project registrations also suggests growing compliance and transparency in the sector, fostering greater trust among homebuyers and investors.
Maharashtra’s proactive implementation of RERA regulations and the resulting growth in housing project registrations underline its leadership in the real estate sector. As urbanisation continues and housing demand grows, the state’s regulatory framework could serve as a model for others to follow.
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Published on: May 9, 2025, 3:55 PM IST
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