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MHADA

Adani, Lodha, JSW Lead MHADA Cluster Redevelopment Race Set to Transform Mumbai Realty Scene

Top developers like Adani, Lodha, and JSW enter MHADA’s mega cluster redevelopment race, marking a turning point for Mumbai’s housing, infrastructure, and urban future.
  • May 21, 2026
Real estate stocks opened mixed on Dalal Street as benchmark indices advanced in early trade. While developers like DLF and Phoenix Mills attracted buying interest, several counters remained under pressure, pointing to a volatile and stock-specific trading session for the realty sector.

Realty Stocks Open Mixed as Dalal Street Gains Momentum; Select Developers Attract Early Buying

Real estate stocks opened mixed on Dalal Street as benchmark indices advanced in early trade. While developers like DLF and Phoenix Mills attracted buying interest, several counters remained under pressure, pointing to a volatile and stock-specific trading session for the realty sector.
  • May 21, 2026
In a significant ruling, MahaRERA has allowed fresh registration for Parinee Eminence Phase 1 under a new promoter while clarifying that previous homebuyers cannot enforce their agreements against the incoming developer. Old claims remain against the terminated promoter, with a lien created for protection.

Homebuyers Beware? MahaRERA Rules New Developer Not Liable for Old Promoter’s Defaults

In a significant ruling, MahaRERA has allowed fresh registration for Parinee Eminence Phase 1 under a new promoter while clarifying that previous homebuyers cannot enforce their agreements against the incoming developer. Old claims remain against the terminated promoter, with a lien created for protection.
  • May 20, 2026
MahaRERA has ruled that a booking application form does not by itself create a binding sale contract and directed Mahindra Happinest Developers to refund ₹1.50 lakh to a homebuyer, holding that forfeiture was illegal as the booking was never completed.

RERA Not for Redevelopment: Tribunal Warns Housing Society Members

Important alert for housing societies: Original members getting rehab flats in redevelopment projects cannot file complaints against the builder under RERA, rules Maharashtra Real Estate Appellate Tribunal. Disputes must be resolved through the Development Agreement and society only.
  • May 19, 2026
After more than two decades, the Maharashtra government has revised the carpet area of staff quarters for its officers and employees. The new norms significantly increase the size of government housing across all pay levels, reflecting changing lifestyle needs and modern construction standards.

Grade A Office Boom Hits Record, Mid-Tier Spaces Struggle for Demand

India’s office market is splitting in two—record demand and rising rents for Grade A spaces, while mid-tier buildings struggle with high vacancies and falling relevance amid the GCC boom.
  • May 19, 2026