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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.
The Mumbai Income Tax Appellate Tribunal has ruled in favour of a Platinum Mall buyer in the Rubberwala Group case, holding that alleged cash payments cannot be taxed without solid proof.

Income Tax Tribunal Clears Buyer, Says ‘No Proof of Cash Payment’ in Rubberwala’s Platinum Mall Case

The Mumbai Income Tax Appellate Tribunal has ruled in favour of a Platinum Mall buyer in the Rubberwala Group case, holding that alleged cash payments cannot be taxed without solid proof.
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 setback to the housing society, the Maharashtra State Co-operative Appellate Court has allowed renovation work for a nursing home to continue on the first floor of Mahatma Phule Bhavan CHS in Vashi, citing current UDCPR provisions that permit such facilities in residential zones. The main dispute remains pending.

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.