'Update status or face cancellation': MahaRERA's ultimatum to over 10,000 realty projects in Mumbai, Pune

MahaRERA cracked down on 10,773 delayed real estate projects. Developers must update project status within 30 days. Failure to comply risks project cancellations, sales restrictions, and frozen bank accounts. Most stalled projects are in Mumbai and Pune. MahaRERA aims to protect homebuyers and ensure accountability.