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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.
Actor Sonu Sood

Sonu Sood Leases BKC Commercial Unit to HDFC Bank for ₹11.75 Lakh Monthly

Actor Sonu Sood has leased his BKC commercial unit to HDFC Bank for ₹11.75 lakh monthly rent under a 9-year agreement, underscoring strong institutional demand for premium Mumbai office assets.
Nifty Realty faces its second straight session of pressure on June 9 as Brent crude climbs above $96 and geopolitical risk from West Asia keeps markets on edge.

Realty Stocks Open Steady After Benchmark Rally; Sector Eyes Direction as Momentum Cools

Realty stocks opened on a cautious note despite positive cues from benchmark indices. The sector is consolidating after recent gains, with investors watching interest-rate signals and market momentum for direction.
In a key ruling, ITAT Mumbai has sent back Raheja Universal Pvt. Ltd.'s deemed rental income dispute on unsold flats for fresh evidence-based assessment, stressing objective valuation under Section 23(5) while upholding major reliefs for the prominent developer on other issues.

Raheja Universal’s Deemed Rent Dispute on Unsold Flats Sent for Fresh Calculation

In a key ruling, ITAT Mumbai has sent back Raheja Universal Pvt. Ltd.’s deemed rental income dispute on unsold flats for fresh evidence-based assessment, stressing objective valuation under Section 23(5) while upholding major reliefs for the prominent developer on other issues.
Maharashtra clears ₹220 crore under PMAY (Urban) to accelerate affordable housing projects, improving access to homes for urban families.

Housing Price Growth in Top 8 Cities Slows Sharply to 6% in 2025

Housing price growth across India’s top eight cities slowed sharply to 6% in 2025, reflecting market consolidation after a strong 2024, with Bengaluru and Hyderabad showing relatively stronger momentum, according to PropTiger.
In a blow to the original developer, the Bombay High Court has dismissed Sunshine Builders' petition, mandating a ₹125 crore deposit to appeal the DRT's refusal to allow late amendments challenging a 2019 SARFAESI auction. With construction advanced and third-party rights crystallised under Lodha Developers, the court prioritised statutory pre-deposit rules and equities over the builder's claims.

Auction Done, Towers Rising: Court Rejects Builder’s Bid to Bypass ₹125 Crore Deposit

In a blow to the original developer, the Bombay High Court has dismissed Sunshine Builders’ petition, mandating a ₹125 crore deposit to appeal the DRT’s refusal to allow late amendments challenging a 2019 SARFAESI auction. With construction advanced and third-party rights crystallised under Lodha Developers, the court prioritised statutory pre-deposit rules and equities over the builder’s claims.