SquareFeatIndia

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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.
_ Realty Stocks Wobble Amid Profit-Taking, Blue Chips Hold the Fort

🏢 Realty Stocks Wobble Amid Profit-Taking, Blue Chips Hold the Fort

Real estate stocks wobbled in trade as profit booking hit smaller names while large-cap developers offered stability. The Nifty Realty index rose modestly, but weak market breadth highlighted selective buying and macro caution.
Police have booked two individuals for forging KDMC documents to secure MahaRERA registration for “Dinkar Heights” in Dombivli. This latest case echoes the 65-building scam in KDMC, where thousands of homebuyers were affected. Authorities urge buyers to conduct independent verification of all municipal and RERA approvals before investing.

⚠️ Caution for Innocent Homebuyers: Read This Before You Buy a Home In KDMC Area

Police have booked two individuals for forging KDMC documents to secure MahaRERA registration for “Dinkar Heights” in Dombivli. This latest case echoes the 65-building scam in KDMC, where thousands of homebuyers were affected. Authorities urge buyers to conduct independent verification of all municipal and RERA approvals before investing.
In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.

Homebuyers Win Back Route to MahaRERA, But Tribunal Limits Refund to Principal Only

In the stalled “Ten BKC” project case, the Appellate Tribunal has remanded the matter back to MahaRERA for execution, affirming that homebuyers will recover only their principal investment, not the interest earlier granted. The ruling underscores that IBC prevails over RERA when a developer enters insolvency.
Filmmaker and producer Karan Johar has acquired a premium apartment in Mumbai’s Khar West for ₹8.05 crore, as per property registration documents reviewed by Square Yards.

📰 Dharma Productions Leases Andheri West Office for ₹15 Lakh Monthly Rent

Dharma Productions has leased a 5,500 sq. ft. office in Signature by Lotus, Andheri West, for ₹15 lakh per month. With a four-year lease and 5% annual escalation, the total rent outlay will be ₹7.75 crore—reflecting strong demand for premium commercial spaces in Mumbai.
The Maharashtra Cabinet has cleared a new cluster redevelopment scheme for Mumbai slums, allowing FSI beyond 4 to enable vertical growth and faster rehabilitation. Focused on 50+ acre clusters, the policy blends urban planning with flexible development models, potentially transforming the city’s skyline.

📰 FSI Beyond 4! Maharashtra Cabinet Approves New Cluster Redevelopment Model for Mumbai Slums

The Maharashtra Cabinet has cleared a new cluster redevelopment scheme for Mumbai slums, allowing FSI beyond 4 to enable vertical growth and faster rehabilitation. Focused on 50+ acre clusters, the policy blends urban planning with flexible development models, potentially transforming the city’s skyline.