[recent_post_slider design="design-1" limit="5" show_category_name="false" show_author="false"]
The Latest
In a landmark relief for homebuyers, the Ministry of Housing and Urban Affairs has enforced the amendment to RERA Section 68 effective 7 May 2026. The provision for up to one year’s imprisonment has been completely removed and replaced with a civil penalty of up to 10% of the property cost. The change is part of the Jan Vishwas (Amendment of Provisions) Act, 2026.

No More Jail for Homebuyers – RERA Section 68 Rewritten

In a landmark relief for homebuyers, the Ministry of Housing and Urban Affairs has enforced the amendment to RERA Section 68 effective 7 May 2026. The provision for up to one year’s imprisonment has been completely removed and replaced with a civil penalty of up to 10% of the property cost. The change is part of the Jan Vishwas (Amendment of Provisions) Act, 2026.
  • May 13, 2026
Real estate stocks came under pressure at market open as the Nifty Realty index slipped sharply amid broad-based selling in developer counters. Heavyweights including DLF and Godrej Properties dragged the sector lower, while investors remained cautious about interest rates, valuations and global market uncertainty.

Realty Stocks Open Weak as Dalal Street Turns Cautious; Heavyweights Drag Realty Index Lower

Real estate stocks came under pressure at market open as the Nifty Realty index slipped sharply amid broad-based selling in developer counters. Heavyweights including DLF and Godrej Properties dragged the sector lower, while investors remained cautious about interest rates, valuations and global market uncertainty.
  • May 12, 2026
“4 lakh lives at risk… yet redevelopment was frozen.” The Devadhar Committee report submitted to Bombay HC largely clears MHADA’s Section 79-A path, warning that further delay could prove fatal for Mumbai’s crumbling cessed buildings.

MHADA 79-A Path Almost Clear: Faster Redevelopment for 12,552 Cessed Buildings

“4 lakh lives at risk… yet redevelopment was frozen.” The Devadhar Committee report submitted to Bombay HC largely clears MHADA’s Section 79-A path, warning that further delay could prove fatal for Mumbai’s crumbling cessed buildings.
  • May 12, 2026
“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.

Approvals & Clearances Builder’s Duty, Home Buyers Can’t Suffer Delays

“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.
  • May 12, 2026
A Mira Road builder collected over ₹28 lakh from a homebuyer across four years, never once executed an Agreement for Sale, then cancelled his flat for "non-payment." The Maharashtra Real Estate Appellate Tribunal wasn't buying it — and delivered one of the most comprehensive homebuyer-friendly rulings in recent memory.

Builder Pockets 90% of Your Money,Then Cancels Your Flat — Tribunal Says: Not on Our Watch

A Mira Road builder collected over ₹28 lakh from a homebuyer across four years, never once executed an Agreement for Sale, then cancelled his flat for “non-payment.” The Maharashtra Real Estate Appellate Tribunal wasn’t buying it — and delivered one of the most comprehensive homebuyer-friendly rulings in recent memory.
  • May 12, 2026