SquareFeatIndia

2199 posts
Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
MahaRERA

MahaRERA Dismisses Complaints Due to Pre-RERA Contracts,

MahaRERA has ruled that homebuyers with pre-RERA contracts cannot seek relief under the Real Estate (Regulation and Development) Act, 2016, as the terms of these agreements remain binding. However, a homebuyer with a registered sale agreement has been awarded interest compensation for delayed possession.
Industrial and Warehousing real estate industry

JLL Facilitates NDR InvIT’s 0.9 Million Sq. Ft. Industrial Park Acquisition Near Surat, Boosting Gujarat’s Logistics Sector

JLL India served as the exclusive financial advisor for NDR InvIT Trust in acquiring a 0.9 million sq. ft. Grade A industrial warehouse near Surat. The fully operational industrial park, located in Kosamba and hosting blue-chip tenants, was acquired through a combination of cash and InvIT unit issuance. This strategic transaction strengthens NDR InvIT’s foothold in Western India’s rapidly growing logistics market, further enhancing its Assets Under Management (AUM) to approximately 19.01 million sq. ft. as of Q3FY2025.

SHAKTI KAPOOR SELLS JUHU APARTMENT FOR RS.6.11 CR; SHRADDHA KAPOOR HAD GIFTED 50% SHARE IN 2019

Bollywood star Shakti Kapoor has sold his apartment in the prestigious Silver Beach Heaven Co-operative Society, Juhu, for Rs.6.11 crore. Registered in December 2024, the deal involved a built-up area of 81.84 sq. m (around 881 sq. ft.) and incurred a stamp duty of Rs.36.66 lakh plus registration charges of Rs.30,000. This sale underscores Juhu’s continued appeal as a premium residential market among celebrities
Depressed homebuyer

MahaRERA Dismisses Homebuyers’ Refund Plea as They Relinquished Property to Lender

MahaRERA has ruled that homebuyers who relinquish their property to a lender lose their right to claim refunds from the developer. In a case involving the Zeal Regency project, two buyers sought a refund after the project was delayed, but MahaRERA dismissed their plea, citing that they had surrendered ownership to the lender, who later auctioned the flat.
Mumbai Coastal Road to be a catalyst for real estate growth in Western Suburbs

MUMBAI PROPERTY REGISTRATIONS FALL IN FEBRUARY 2025 AMID MARKET SLOWDOWN

In February 2025, Mumbai saw 12,066 property registrations generating ₹935 crore in stamp duty revenue—up slightly from February 2024 but down compared to January and December figures—indicating a nuanced shift in the market with fewer transactions but higher average values.