Rs 200 cr recovered from realtors to compensate homebuyers, Rs 500 cr more payable: MahaRERA
MahaRERA recovers over Rs 200 crore from developers to compensate homebuyers, with Rs 378 crore pending in Mumbai and Pune. The authority has issued 1,163 warrants to recover Rs 705.62 crore. Efforts to expedite recoveries include appointing retired Tahsildars in Mumbai and Pune. Rs 304.45 crore and Rs 189.82 crore are still owed in Mumbai and Pune, respectively.