Nagpur : If you’re planning to buy a residential property in MIHAN, here’s a crucial update from the Maharashtra Real Estate Regulatory Authority (MahaRERA). The authority has made it clear that developers cannot partially deregister a real estate project on grounds of financial non-viability.
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22 Oct 2025
This comes after Nagpur-based developer Moraj Infratech Private Ltd sought to deregister the residential wing of its mixed-use project in MIHAN-SEZ, citing zero bookings and financial unfeasibility.
The Case:
Moraj Infratech’s project includes both commercial and residential components. The commercial section, consisting of 37 units, is already substantially completed — with 35 units sold and 32 sale agreements executed. The developer even received a part occupancy certificate on December 29, 2023, and possession has been handed over to buyers.
However, the residential building, named Ganga, had no bookings so far. Claiming it was financially non-viable to continue, the developer requested MahaRERA to deregister the residential portion while keeping the commercial part active.
MahaRERA’s Stand:
In its order dated September 19, 2025, MahaRERA flatly rejected the plea. The authority emphasized that once a project is registered under Section 5 of the Real Estate (Regulation and Development) Act, 2016, partial deregistration is not permitted.
According to the regulator, registration implies a developer’s commitment to complete and deliver all components of the project as declared. The authority stated that granting a project registration number is not a symbolic act, but a binding acknowledgment that the project will be completed and handed over to buyers as promised.
Correction Allowed, But No Deregistration
While MahaRERA disallowed partial deregistration, it permitted the developer to initiate a correction process to remove the residential component through proper compliance channels.
The order reads:
“Deregistration of part of a project registration cannot be made possible as there is no such thing as partially deregistering a part and keeping the remaining part valid and subsisting. Hence, the said deregistration application is rejected.”
However, MahaRERA added that the Director (Registration) would facilitate the correction process within 60 days once the developer applies.
Why It Matters for Homebuyers in MIHAN
This ruling reinforces a critical point for potential homebuyers — once a project is registered, developers are legally obligated to complete all declared components. You can verify any developer’s registration status and project progress on the MahaRERA portal before booking.
In short, residential projects in MIHAN cannot be quietly dropped or deregistered midway on financial grounds. MahaRERA’s decision ensures that both investor and buyer interests remain protected, keeping developers accountable under the law.
