Maharashtra has solidified its position as India’s most regulated and expansive real estate market, registering over 50,000 housing projects under the Maharashtra Real Estate Regulatory Authority (MahaRERA). This remarkable achievement accounts for approximately 35% of all housing projects registered under the Real Estate Regulatory Authority (RERA) across India — a milestone no other state has come close to matching.

Established under the Real Estate (Regulation and Development) Act, 2016, MahaRERA was one of the earliest authorities to implement RERA guidelines after its rollout in 2017. Since then, it has become a model for other states due to its robust regulatory framework, fast-tracking of project approvals, and consistent efforts to minimise consumer grievances in the real estate sector.

Konkan and Pune Region Lead the Way

The regional data released by MahaRERA highlights that the Konkan region, which includes the Mumbai Metropolitan Region (MMR), leads the state with 23,770 registered housing projects. This is closely followed by the Pune region, with 15,932 projects, showing how concentrated real estate activity is in Western Maharashtra.

• Pune district alone has a remarkable 12,788 housing projects, signifying its emergence as a major real estate hub.

• Thane contributes with 6,746 projects, Mumbai suburbs with 5,907, and Raigad with 5,360.

These figures are indicative of the intense urbanisation and demand for residential and commercial infrastructure in Maharashtra’s key districts.

Why Maharashtra Is Ahead

Several factors explain why Maharashtra has surpassed other Indian states in RERA-registered housing projects:

1. High Urban Population: Cities like Mumbai, Pune, Thane, and Navi Mumbai are among the most urbanised and densely populated in India, driving consistent housing demand.

2. Efficient Regulatory Oversight: MahaRERA is known for its transparent online portal, allowing developers and buyers to track project details, legal clearances, and status updates.

3. Active Enforcement and Monitoring: Regular audits, public disclosures, and penalties on delayed projects have encouraged compliance among developers.

4. Private Sector Engagement: The rise of private developers in the Konkan and Pune regions has also played a major role in pushing up the number of registered projects.

Comparative State Data Highlights Maharashtra’s Dominance

As per the data:

• Tamil Nadu ranks second with 27,609 projects, followed by

• Gujarat with 15,322 projects.

These are the only three Indian states with over 10,000 housing projects registered under RERA. Other large states such as Karnataka, Uttar Pradesh, and West Bengal are significantly behind in numbers.

This clearly positions Maharashtra as the benchmark in real estate regulation and development.

Chairman’s Perspective on Growth

MahaRERA Chairman Mr. Manoj Saunik attributed this growth to increased housing demand and Maharashtra’s progressive economic landscape. He noted that social and economic development across the state has driven the real estate market upwards, further necessitating a stronger and more reliable regulatory mechanism.

Saunik also stressed that MahaRERA’s role has been pivotal in ensuring homebuyer protection, instilling confidence among developers, and promoting transparent project implementation.

Real Estate Distribution Across Maharashtra

Apart from Konkan and Pune, other regions in Maharashtra have also shown strong participation in real estate development:

• North Maharashtra: 4,621 projects

• Nagpur Region: 2,764 projects

• Chhatrapati Sambhajinagar Region: 1,886 projects

• Amravati Region: 957 projects

Even in Union Territories like Dadra Nagar Haveli (180 projects) and Daman (52 projects), regulatory oversight is being maintained through the MahaRERA framework.

This comprehensive distribution showcases Maharashtra’s real estate growth beyond the metros, indicating a balanced development model.

Impact on Homebuyers and Developers

With such a large number of registered projects, homebuyers in Maharashtra benefit from increased choices and greater transparency. Projects registered under MahaRERA are required to:

• Disclose construction timelines

• Provide status updates

• Adhere to clear legal norms

• Avoid misleading advertisements

For developers, this environment ensures fair competition, access to government support, and increased trust from buyers, making Maharashtra a more favourable destination for real estate investment.

Future Outlook for MahaRERA and Maharashtra's Real Estate

Given the current trajectory, Maharashtra is expected to maintain its leadership in regulated housing development, with more private players entering Tier 2 and Tier 3 cities. With government-backed initiatives, digital platforms for clearances, and growing consumer awareness, MahaRERA is well-positioned to scale further.

The rising urban migration, infrastructure projects like Mumbai Metro, Pune Metro, and expressway expansions are also expected to fuel real estate growth across the state.

MahaRERA’s regulatory approach could serve as a blueprint for other Indian states, especially those struggling with unregulated construction, project delays, and homebuyer disputes.

Conclusion

Maharashtra’s success with over 50,000 registered housing projects under MahaRERA is not just a statistical milestone but a reflection of efficient governance, booming real estate demand, and growing public trust. While other states are catching up, Maharashtra remains the gold standard in real estate regulation and development in India.

For developers, investors, and homebuyers alike, the MahaRERA framework continues to offer security, transparency, and long-term value, making it a key pillar of Maharashtra’s growth story.

The Upcoming IPOs in this week and coming weeks are Integrity Belrise Industries, Integrity Infrabuild Developers, Accretion Pharmaceuticals, Wagons Learning.

The Current active IPO are Virtual Galaxy Infotech.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.