Maregaon is a small town which is newly declared as Nagar Panchayat in 2015 and the elections were held on 1 November 2015. It has 17 wards. Previously known Dr. Ambedkar square is now bifurcated and the new square christened as Dr. A.P.J. Abdul Kalam Chowk. It is located on Wani yavatmal road nearly 18 km from Wani and is a tehsil place. Major profession is agriculture. It has black cotton soil which is suitable for Cotton and soyabean which are important crops in this tehsil. There is Tehasil Kacheri, Panchayat Samiti, Civil Court and other Offices and Banks in Maregaon. Also, there is a Cement factory at 4 km on Mardi road, Dam at Nawargaon, Mines (stone and crusher) at Narsala, Lime stone mines at Gourala on Wani road. It has Science, Commerce and Arts degree College. CBSE schools, D.Ed. College, Pharmacy College, Adarsh High School, Mahatma Jyotiba Phule Vidyalaya and Rashtriya Vidyalaya and Junior College. The place is going to be well developed and has two Ginning and Pressing factories. Vanoja devi temple is located near Mardi and Pandav Devi (Pandhar Devi) temple on Maregaon-Karanji road approximately 11 km. It has regularly Tuesday Bazaar-haat behind Z.P. Primary School. The population of tehsil mostly comprises tribals comprising Gond and Kolam tribes in nearby villages. The tehsil has been bifurcate to form another tehsil "Zari-Jamani". New coal mines has been discovered in recent times in this area and this could help to improve the economy of the area.