Since the Real Estate Regulatory Authority's (RERA) introduction, 1.19 lakh projects, comprising 97.14 lakh units, have been registered with the top 10 State RERAs between 2017-2024, according to the PropEquity report.
The top ten States with the highest number of projects registered with their respective RERAs are Maharashtra, Tamil Nadu, Gujarat, Telangana, Madhya Pradesh, Andhra Pradesh, Karnataka, Uttar Pradesh, West Bengal and Rajasthan.
With 48,047 registered projects, Maharashtra accounts for 40 per cent of the total registered projects in the top 10 states. Tamil Nadu, with 19987 projects, accounts for a 17 per cent share, while Gujarat, with 16,265 projects, accounts for a 14 per cent share.
The report further stated that at 184 units, the average number of units per project is the highest in Uttar Pradesh, followed by Rajasthan at 156 units and Gujarat at 116 units. The average number of units per project in the top 10 states stands at 81 units.
Amongst cities, the top 10 with highest number of registered projects are Pune with 12,346 projects, Thane with 8858 projects, Hyderabad with 7180 projects, Mumbai with 6923 projects, Chennai with 6426 projects, Navi Mumbai with 5468 projects, Ahmedabad with 5367 projects, Nashik with 3759 projects, Vadodara with 2903 projects and Kolkata with 2680 projects.
The report revealed data from RERA across 20 states since its inception, which shows that 1.43 lakh projects have been registered, comprising 1.11 crore units, between January 2017 and 2025. The number of projects registered with RERA grew by 145 per cent to 25,281 projects between CY2020-2022. It, however, fell by 21 per cent between 2022-2024. The year 2020 witnessed the least number of project registrations.
