{"id":1960,"date":"2018-02-08T15:39:09","date_gmt":"2018-02-08T10:09:09","guid":{"rendered":"https:\/\/www.propstack.com\/news\/?p=1960"},"modified":"2018-02-08T16:24:17","modified_gmt":"2018-02-08T10:54:17","slug":"propstack-insights-65-of-projects-have-not-updated-maharera","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/propstack-insights-65-of-projects-have-not-updated-maharera\/","title":{"rendered":"No quarterly updates on MahaRERA for 65% projects in MMR & Pune"},"content":{"rendered":"

A look at the \u2018Last Modified Date\u2019 field for all the projects in MMR & Pune registered on MahaRERA reveals that 65% of the projects have not updated the data in the last 3 months. As per clause no. 20, the Maharashtra RERA act says that the project information needs to be updated at the interval of every quarter <link<\/a>>. The data which developers have to update is primarily \u2013(1) Units Sold and (2) completion %.<\/p>\n

\"graph1\"<\/p>\n

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We also observe that primarily small projects with carpet area of less than 50,000 sft are 66% of the projects that have not been updated on RERA. This leads us to believe that maybe small developers are the ones who are not updating their projects on a quarterly basis. To validate this further, we also did a manual check for some of the leading developers and found that they are updating their projects.<\/p>\n

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Additional Reading:<\/p>\n

We had analysed the housing projects in MMR based on project registered on MahaRERA till 31st<\/sup> August 2017. Read full report<\/a><\/p>\n

PropMODI.com<\/a> – view property registrations in MahaRERA registered projects for Free!<\/p>\n","protected":false},"excerpt":{"rendered":"

A look at the \u2018Last Modified Date\u2019 field for all the projects in MMR & Pune registered on MahaRERA reveals that 65% of the projects have not updated the data in the last 3 months. As per clause no. 20, the Maharashtra RERA act says that the project information needs to be updated at the\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":1967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,28,3,16],"tags":[179,83,287,292,141],"class_list":["post-1960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-city","category-market","category-mumbai","category-propstack","tag-179","tag-market-trends","tag-mumbai","tag-pune","tag-rera"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1960"}],"version-history":[{"count":5,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1960\/revisions"}],"predecessor-version":[{"id":1970,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1960\/revisions\/1970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media\/1967"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}