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21-Year Wait: MahaRERA Orders Refund + Interest from 2009 for 2005 Andheri Booking

MahaRERA has directed refund of ₹21,84,318 with interest from 5 June 2009 in Complaint No. CC006000000302896 after finding 21-year delay in handing over possession of Flat 901 in Sun Beam, Andheri West.

Commercial Office REIT Leasable Area to Surge 25–30% to 195 msf by Fiscal 2028

India’s listed commercial office REITs are set to add 40–45 msf to reach 190–195 msf by fiscal 2028, backed by strong GCC demand and stable 92–93% occupancy.

Realty Stocks Advance at Open as Crude Hits $72; Nifty Realty Among Top Sector Performers

Nifty Realty opens among top sector performers on June 25 as Brent crude falls to $72 and Micron’s blowout results send Asian markets and realty stocks higher.

Homebuyers Can Claim Interest for Delayed Possession Even If They Stay in the Project

In a strong pro-homebuyer ruling, the Bombay High Court has held that allottees who continue with a delayed project do not lose their statutory right to claim interest under Section 18 of RERA. The Court dismissed the promoter’s appeal and upheld interest from the original due date of possession.

Maharashtra Clears ₹17,306 Crore Elevated Bridge and Tunnel to Fix Bhayandar-Gaimukh Bottleneck

Maharashtra approves a ₹17,306 cr elevated bridge and tunnel linking Bhayandar to Gaimukh, offering a new bypass to the congested Western Express Highway.