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MahaRERA's Repeat Extensions Leave Homebuyers Waiting Despite '100% Complete' Claims

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A rising number of housing projects in Maharashtra are missing their completion deadlines, prompting repeated regulatory extensions under MahaRERA. Data from the authority reveals that a significant number of such extensions are granted each year, offering no firm guarantee of actual delivery. Developers frequently report high completion percentages while critical approvals and possession handovers remain pending. The existing oversight mechanism has proven inadequate in ensuring that buyers receive timely possession of their homes. This pattern has sparked serious concerns about the real effectiveness of the regulatory framework in protecting homebuyers.

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