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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 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.

Booking Form Alone Does Not Create Binding Sale Contract: MahaRERA Orders Refund to Homebuyer

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.
The Enforcement Directorate has facilitated the payment of ₹311.67 crore towards long-pending dues of former Kingfisher Airlines employees, following a DRT Chennai order releasing funds from PMLA-attached assets linked to Vijay Mallya.

Kingfisher Airlines Employees to Receive ₹311.67 Crore as ED Facilitates Long-Pending Dues

The Enforcement Directorate has facilitated the payment of ₹311.67 crore towards long-pending dues of former Kingfisher Airlines employees, following a DRT Chennai order releasing funds from PMLA-attached assets linked to Vijay Mallya.
In a landmark decision, the Maharashtra Real Estate Appellate Tribunal ruled that developers cannot cancel registered sale agreements merely because of delayed payments — a major win for Indian homebuyers and a strong reinforcement of legal protections under RERA and property law.

Housing Society Treated as Promoter in Redevelopment Dispute If It Shares..

In a key redevelopment ruling, the Maharashtra Real Estate Appellate Tribunal has held that housing societies sharing FSI or constructed area with developers can be treated as promoters under RERA and held liable to homebuyers for delay.
In a major win for homebuyers, MahaREAT has ruled that "soft possession" without an Occupation Certificate does not count as lawful possession under RERA.

Amit Shah Approaches MahaRERA Against Builder In Indiabulls Project

MahaRERA has ruled in favour of homebuyer Amit Shah, allowing him to exit the Indiabulls Savroli-2 project and ordering a refund with interest after finding illegal fund collection, non-execution of an agreement for sale, and over ten years of delay.
Real estate stocks opened under pressure on April 9 as Indian markets slipped after a sharp rally. While select large developers showed resilience, broader selling in mid-cap realty stocks points to a volatile and range-bound session ahead.

🏗️ Realty Stocks Open on a Steady Note as Markets Resume; Sector Awaits Intraday Triggers

Realty stocks began the day on a steady note, with large developers anchoring the sector and mid-caps trading mixed. Investors are watching intraday triggers to set the day’s direction.