MUMBAI: Registration of as many as 291 real estate projects, which have been suspended, will be cancelled by MahaRera if the builders do not update the quarterly progress reports of the projects by November 10. Of these projects, 104 are in MMR, 63 in Pune and 46 in Nashik.
The regulatory authority had suspended registration of around 363 projects for which Forms 1, 2 and 3, that provide information about the status of the project, were not submitted on MahaRera website. Thereafter, promoters of as many as 72 projects updated information on the website and paid a fine of Rs 50,000. The rest of the promoters are yet to update information, forcing MahaRERA to set a deadline.
According to MahaRERA officials, as many as 746 projects were registered in January this year, of which only three projects submitted their quarterly progress reports before April 20.
Thereafter, the regulatory body issued a 15-day notice in the first week of May this year. Subsequently in July, MahaRERA issued a 45-day notice in the third week of July. “During the 60-day period for the two notices, developers of 380 projects responded and updated their QPR. As promoters of the 363 projects did not respond to notices, their registration was suspended in the third week of September. Later, promoters of 72 updated their progress reports and also paid a fine,” said a MahaRera official.
“Once registration is cancelled, developers will have to go for a fresh registration process and also pay a fine of Rs 50,000 to regularise registration,” the official added.
We also published the following articles recently
The regulatory authority had suspended registration of around 363 projects for which Forms 1, 2 and 3, that provide information about the status of the project, were not submitted on MahaRera website. Thereafter, promoters of as many as 72 projects updated information on the website and paid a fine of Rs 50,000. The rest of the promoters are yet to update information, forcing MahaRERA to set a deadline.
According to MahaRERA officials, as many as 746 projects were registered in January this year, of which only three projects submitted their quarterly progress reports before April 20.
Thereafter, the regulatory body issued a 15-day notice in the first week of May this year. Subsequently in July, MahaRERA issued a 45-day notice in the third week of July. “During the 60-day period for the two notices, developers of 380 projects responded and updated their QPR. As promoters of the 363 projects did not respond to notices, their registration was suspended in the third week of September. Later, promoters of 72 updated their progress reports and also paid a fine,” said a MahaRera official.
“Once registration is cancelled, developers will have to go for a fresh registration process and also pay a fine of Rs 50,000 to regularise registration,” the official added.
We also published the following articles recently
Cusat prof wins project grant worth 50,000
Punnadath Preetham, an associate professor at Cochin University of Science and Technology (Cusat), has been awarded a grant from the UK for a project aimed at improving tilapia aquaculture in India and other Asian countries. The project will develop a cross-protective vaccine against bacterial diseases in farmed tilapia. Streptococcosis, a bacterial disease, is a major concern in tilapia aquaculture, but currently, there is no commercial vaccine available for it. The project involves collaborations with industrial and academic partners from the UK, Scotland, Norway, and Thailand.
Punnadath Preetham, an associate professor at Cochin University of Science and Technology (Cusat), has been awarded a grant from the UK for a project aimed at improving tilapia aquaculture in India and other Asian countries. The project will develop a cross-protective vaccine against bacterial diseases in farmed tilapia. Streptococcosis, a bacterial disease, is a major concern in tilapia aquaculture, but currently, there is no commercial vaccine available for it. The project involves collaborations with industrial and academic partners from the UK, Scotland, Norway, and Thailand.
Officials asked to complete Puri project by end of year
The Chief Minister’s office in Odisha has directed officials to complete the Sri Jagannath Parikrama project in Puri by the end of this year. The project aims to develop a heritage corridor and amenities for devotees around the temple. Special attention will be given to parking arrangements and keeping the access road free of encroachments. The project is part of the development of Puri as a world-class heritage city.
The Chief Minister’s office in Odisha has directed officials to complete the Sri Jagannath Parikrama project in Puri by the end of this year. The project aims to develop a heritage corridor and amenities for devotees around the temple. Special attention will be given to parking arrangements and keeping the access road free of encroachments. The project is part of the development of Puri as a world-class heritage city.
Project on mental health
Anirveda Resource Centre for Psychological Wellbeing, Swastika National Business School, and Rotary Mangalore Downtown are launching a year-long project called “Mindful Equality: Mental health as a universal human right.” The project will be inaugurated by MLA D Vedavyas Kamath, with psychiatrist Dr Ravish Thunga as the keynote speaker. This initiative reflects the growing focus on mental health in schools, as seen in the CBSE’s week-long Mental Health and Well-being program and The Scindia School’s efforts to balance tradition with modernization. The 10th Mental Health Festival at AIIMS also emphasized the importance of a holistic approach to treating mental health problems.
Anirveda Resource Centre for Psychological Wellbeing, Swastika National Business School, and Rotary Mangalore Downtown are launching a year-long project called “Mindful Equality: Mental health as a universal human right.” The project will be inaugurated by MLA D Vedavyas Kamath, with psychiatrist Dr Ravish Thunga as the keynote speaker. This initiative reflects the growing focus on mental health in schools, as seen in the CBSE’s week-long Mental Health and Well-being program and The Scindia School’s efforts to balance tradition with modernization. The 10th Mental Health Festival at AIIMS also emphasized the importance of a holistic approach to treating mental health problems.
