MahaRERA recovers over Rs 200 crore from realty developers as compensation for homebuyers

Maharashtra Real Estate Regulatory Authority has recovered over Rs 200 crore from real estate developers. This compensation covers losses incurred by homebuyers. MahaRERA has issued 1,163 warrants to recover Rs 705.62 crore. Efforts include appointing retired officials to ensure effective recovery. The recovery process will potentially expand to more districts based on need.