The new year has brought happiness for 161 Pune homebuyers as they will soon get possession of their dream homes after almost a decade-long wait and a series of cases and complaints—thanks to the real estate regulator Maharashtra Real Estate Regulatory Authority (MahaRERA). Stuck since 2013, after the arrest of its original developer, DSK Sadaphuli, a project by the distressed company DSK Group in Pune’s Talegaon neighbourhood, is almost complete after MahaRERA changed its developer.

DSK Sadaphuli was announced in 2013 and homebuyers were promised possession by November 2015. Six years after its launch, the project was almost 90 per cent constructed and all 161 buyers signed the sales agreement and paid a major chunk of money. However, after developer D S Kulkarni was arrested in 2018, things froze to a halt.