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MahaRERA has dismissed a high-value complaint by steel supplier Nikant Steel against Sheth Developers, ruling that the dispute over three flats in the delayed Sheth Blue Ivy project does not qualify as a standard RERA promoter-allottee matter due to documentation discrepancies and its origin in a commercial debt.

MahaRERA Dismisses Steel Supplier’s ₹6 Cr Refund Claim Against Mumbai Project

MahaRERA has dismissed a high-value complaint by steel supplier Nikant Steel against Sheth Developers, ruling that the dispute over three flats in the delayed Sheth Blue Ivy project does not qualify as a standard RERA promoter-allottee matter due to documentation discrepancies and its origin in a commercial debt.
  • May 24, 2026
India’s real estate sector saw developers acquire over 3,000 acres in 2025, unlocking a ₹52,000 crore financing opportunity and driving massive residential-led growth.

India Real Estate to Attract ₹50 Lakh Cr by 2036, But Affordable Housing Faces Funding Crisis

India’s real estate sector is set to attract ₹50 lakh crore by 2036, but a major funding gap in affordable housing threatens balanced growth.
  • May 24, 2026
Lucknow’s housing market surges with 64% price growth since 2021, driven by infrastructure expansion and Uttar Pradesh’s trillion-dollar economy vision.

Lucknow Leads North India Housing Boom With 64% Price Surge Amid UP’s $1 Trillion Vision

Lucknow’s housing market surges with 64% price growth since 2021, driven by infrastructure expansion and Uttar Pradesh’s trillion-dollar economy vision.
  • May 23, 2026
ED has provisionally attached Rs 700.27 crore worth of properties linked to late gangster Iqbal Mirchi and his family, including three prime Worli properties in Mumbai and assets in Dubai, in connection with drug trafficking and money laundering cases.

ED Attaches Rs 700 Crore Assets of Late Gangster Iqbal Mirchi in Mumbai & Dubai

ED has provisionally attached Rs 700.27 crore worth of properties linked to late gangster Iqbal Mirchi and his family, including three prime Worli properties in Mumbai and assets in Dubai, in connection with drug trafficking and money laundering cases.
  • May 23, 2026
MahaRERA orders new developer to hand over flat and pay interest despite claiming it never received payment, holding both builders jointly liable in Mumbai Evergreen Woods case.

MahaRERA Orders Partial Refund in Godrej City Panvel Case, Rejects Clause Challenge

“MahaRERA has allowed partial refund of booking amount in one case while rejecting demands to amend standard clauses in the Agreement for Sale, citing its own previous orders on non-negotiable terms.”
  • May 23, 2026