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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…

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…

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…

Housing Societies Can Claim Tax Relief on Interest Only from These Banks

Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT…

13 Key Clusters to Drive 80% of India Warehousing Demand

A Colliers India report reveals that 13 high-activity clusters—including Bhiwandi and…

In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op society need not pay ₹11.38 crore tax on a 2015 redevelopment agreement that never materialised. The Tribunal held that notional stamp duty value does not constitute real income for the society.

Society Told to Pay ₹11.38 Crore as Income from Redevelopment

In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op…

India Retail Leasing Hits 3.1 Mn Sq Ft in Q1 2026; 46 Mn Sq Ft Pipeline Signals Next Growth Cycle

India’s retail leasing touched 3.1 million sq ft in Q1 2026, led by metro cities, while…

Maharashtra Eases Security Guard Rules, Removes Age Cap and Protects Jobs

Maharashtra’s latest GR removes the maximum age limit for security guards, introduces…

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Indian real estate stocks witnessed mixed trading at the opening bell as investors tracked earnings, global cues, and sectoral momentum. While DLF and Godrej Properties showed resilience, several developers remained under pressure, pointing to another volatile day for the realty sector.

Realty

Realty Stocks Open Mixed as Investors Turn Selective

Indian real estate stocks opened on a mixed note as selective buying in large developers like DLF and Godrej Properties contrasted with weakness in broader realty counters. Investors are increasingly favouring financially strong developers while remaining cautious on high-beta property stocks.

May 15, 2026

Ranbir Kapoor’s ₹3.31 crore land purchase in Ayodhya’s premium Sarayu project highlights the city’s rapid emergence as a major real estate and investment destination driven by infrastructure and tourism growth.

Realty

Ranbir Kapoor Buys ₹3.31 Crore Land in Ayodhya’s ‘The Sarayu’

Ranbir Kapoor’s ₹3.31 crore land purchase in Ayodhya’s premium Sarayu project highlights the city’s rapid emergence as a major real estate and investment destination driven by infrastructure and tourism growth.

May 15, 2026

In a landmark ruling, Bombay HC has termed the 2020 auction of NSEL-attached land a “scam within a scam”. A 35-acre Haryana plot valued at ₹60 crore was sold for just ₹10 crore amid rigged valuation, fake publicity and collusion. Court orders fresh transparent auction and returns buyer’s money.

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Bombay High Court Orders Probe Against Deputy Registrar Over Political Influence in Coop Society

“In a sharp rebuke to political meddling in cooperative societies, the Bombay High Court has restored the elected managing committee of a Borivali housing society and directed the state to probe the Deputy Registrar for acting under external influence.”

May 15, 2026

Maharashtra has extended the Borivali RTO office lease till 2027 and approved ₹25.77 lakh rent payment to ensure uninterrupted services.

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Maharashtra Renews Borivali RTO Office Lease, Approves ₹25.77 Lakh Rent Payment

Maharashtra has extended the Borivali RTO office lease till 2027 and approved ₹25.77 lakh rent payment to ensure uninterrupted services.

May 15, 2026

Maharashtra has expanded the Growth Hub Regulatory Board for Mumbai’s economic master plan, adding the Minister of State for Urban Development to improve coordination and execution.

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Maharashtra Expands Growth Hub Board for Mumbai Economic Master Plan

Maharashtra has expanded the Growth Hub Regulatory Board for Mumbai’s economic master plan, adding the Minister of State for Urban Development to improve coordination and execution.

May 15, 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.

Realty

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…

SquareFeatIndia
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.

Realty

RERA Not for Redevelopment: Tribunal Warns Housing Society Members

Important alert for housing societies: Original members getting rehab flats in…

SquareFeatIndia
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.

Realty

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…

SquareFeatIndia
May 19, 2026

Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT restores case of Chembur society and directs fresh verification as per Supreme Court judgment.

Realty

Housing Societies Can Claim Tax Relief on Interest Only from These Banks

Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT…

SquareFeatIndia
May 18, 2026