India, April 27 -- The Maharashtra government has appointed 12 officers across five collectorates to fast-track the recovery of penalties imposed by the Maharashtra Real Estate Regulatory Authority (MahaRERA). Most of the outstanding dues are concentrated in Pune district and the Mumbai Metropolitan Region, including Mumbai city, Mumbai suburbs, Thane, Palghar, and Raigad.

So far, MahaRERA has imposed fines amounting to Rs.912.11 crore. Of this, Rs.222 crore has been successfully recovered, while Rs.689.56 crore remains outstanding. (SEE BOX)

The issue was raised during the recent budget session of the state legislature, where minister Chandrashekhar Bawankule had assured the house that the matter would be addressed promptly.

Maharasht...