Project De-Registration Made Easy

De-registration of a real estate project, either fully or partially, is permitted by MahaRERA only under specific conditions outlined in Order No. 122/2021. If the request is for the entire project, there must be zero allottees — meaning no bookings or sales at all. In the case of partial de-registration, that particular portion must also be free from any bookings. If there were previous bookings, the promoter must ensure that all such allotments are fully settled and submit documentary proof of resolution. Additionally, if the remaining project is affected by the de-registration, two-thirds (2/3rd) consent of the remaining allottees is mandatory.

If your project meets the eligibility criteria, the application process must follow the prescribed format. The promoter must email the application to secy@maharera.mahaonline.gov.in, using Annexure A format, printed on the company’s official letterhead. The application must clearly mention the MahaRERA registration number, promoter’s details, whether full or partial de-registration is requested, current booking status, and the reason for seeking de-registration.

The application must be supported by mandatory documents. These include a Notarized Declaration-cum-Undertaking (Annexure B). If the de-registration affects the balance project, 2/3rd consent letters from the affected allottees must be attached. If any bookings had previously been made, the promoter must also attach a list of allottees (with names, phone numbers, and emails) and copies of settlement documents proving all issues have been fully resolved.

The promoter’s declaration (Annexure B) must solemnly confirm that there are no current allottees, or that all buyers are settled. It must also state that no litigation, complaint, or legal order is pending regarding the project and that there is no mortgage or charge on the land. Further, the promoter must agree to comply with MahaRERA directions if any buyer or complainant approaches in the future, and submit additional documents if required.

After submission, the application is reviewed by the Legal Wing of MahaRERA. If necessary, it may be presented before the Authority for a hearing. If a complaint is received from any stakeholder, MahaRERA will conduct a separate hearing and pass a binding speaking order on the promoter.

Promoters must note that de-registration is a legal closure mechanism, not an escape route. It is suitable only when the project hasn’t taken off, is stalled, and has no viable legal or financial way forward. This process allows a clean break, provided all due procedures, documents, and declarations are truthful, complete, and transparent.