Maharashtra may head for President's rule if the new government in the state is not in place by November 7, Finance Minister and BJP leader Sudhir Mungantiwar said on Friday. His comments came even as there appeared no headway in government formation eight days after results of the October 21 Assembly elections.

The tenure of the existing Legislative Assembly ends on November 8. He told a TV channel that the delay in talks between BJP and Sena was due to the Diwali festival, adding parleys will start in a day or two. "People of Maharashtra have given mandate not to any party but to the Mahayuti (alliance comprising BJP, Shiv Sena and other parties)," he said."Out alliance is stronger than Fevicol or Ambuja Cement," he said.