SquareFeatIndia

3455 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.
MHADA

100% Property Tax Waiver + Bonus FSI: MHADA’s Mega Incentive Push to Flood Mumbai with Affordable Rental Homes

MHADA CEO Sanjeev Jaiswal pitches transformative incentives—including bonus FSI, full tax exemptions for a decade, and loan interest cuts—to ignite private investment in rental housing across Mumbai Metropolitan Region, proposals now with state govt for nod.
Bombay High Court slams BMC for allowing illegal structure to exist for decades next to a ward office in Santacruz; orders inquiry into officials' dereliction while dismissing petitioner's appeal with ₹5 lakh costs.

Three Dilapidated Buildings in Vikhroli Vacated: BMC Launches First Phase of Ambitious 28-Building Redevelopment Project

BMC on Tuesday vacated three critically dangerous buildings in Vikhroli (East), launching the first phase of Mumbai’s maiden civic-led cluster redevelopment of 28 dilapidated municipal structures—ensuring safe, modern homes for hundreds of families in Parksite.
MHADA

Maharashtra Cabinet Greenlights MHADA Housing Redevelopment: A Boost for Mumbai’s Aging Colonies

In a boost for Mumbai’s residents, the state cabinet on Tuesday cleared a transformative policy for redeveloping aging MHADA colonies into modern townships, complete with schools, parks, and upgraded utilities—unlocking a new era of safe, sustainable living.
Realty indices began the day on a muted note, with large developers steady and mid-caps showing early weakness. The sector remains in consolidation as investors await fresh triggers through the day.

🏗️ Realty Stocks Open on Tepid Note: Large Builders Hold Ground While Broad Momentum Lags

Realty stocks started the day on a cautious note as the Nifty Realty Index traded flat. Large developers held up while mid-caps lagged, with the sector broadly waiting for fresh catalysts to drive the next move.
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.

MahaRERA While Dismissing Homebuyer’s Complaint: “We Cannot Guess the Possession Date”

A homebuyer’s MahaRERA complaint in the Bhakti Meadows project was dismissed after the Authority found that the Agreement for Sale lacked the possession date, making delay assessment impossible.