MahaRERA send notices to builders for not updating info regularly

As per Clause 20 of the Maharashtra RERA Act, the information of registered project needs to be updated every quarter, primarily with regard to project completion and units sold. However, following their mandatory registration with the regulator, most of the realty developers seem to have either forgotten or ignored the norm of updating project details every quarter. More than 65% of the MahaRERA-registered projects have not updated the information in the last three months, showed a study by Propstack, a real estate data analytics