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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.
A Mira Road builder collected over ₹28 lakh from a homebuyer across four years, never once executed an Agreement for Sale, then cancelled his flat for "non-payment." The Maharashtra Real Estate Appellate Tribunal wasn't buying it — and delivered one of the most comprehensive homebuyer-friendly rulings in recent memory.

Builder Pockets 90% of Your Money,Then Cancels Your Flat — Tribunal Says: Not on Our Watch

A Mira Road builder collected over ₹28 lakh from a homebuyer across four years, never once executed an Agreement for Sale, then cancelled his flat for “non-payment.” The Maharashtra Real Estate Appellate Tribunal wasn’t buying it — and delivered one of the most comprehensive homebuyer-friendly rulings in recent memory.
MahaRERA has dismissed a high-value complaint by steel supplier Nikant Steel against Sheth Developers, ruling that the dispute over three flats in the delayed Sheth Blue Ivy project does not qualify as a standard RERA promoter-allottee matter due to documentation discrepancies and its origin in a commercial debt.

MahaRERA Orders Interest for Delayed Possession in Kalyan’s Vrundavan Project

MahaRERA directs Shree Vasturachana Developers to pay interest for delayed possession in Vrundavan project, Kalyan, as physical handover without OC ruled invalid. Buyer wins compensation under Section 18.
Real estate stocks opened mixed on Monday as Indian markets turned volatile amid global uncertainty and macroeconomic concerns. While developers like Godrej Properties and DLF showed resilience, several other realty counters remained under pressure, pointing to a stock-specific and volatile trading session ahead.

Realty Stocks Open Mixed as Dalal Street Turns Volatile; Large Developers Under Spotlight

Real estate stocks opened mixed on Monday as Indian markets turned volatile amid global uncertainty and macroeconomic concerns. While developers like Godrej Properties and DLF showed resilience, several other realty counters remained under pressure, pointing to a stock-specific and volatile trading session ahead.
In a landmark ruling, Bombay HC has termed the 2020 auction of NSEL-attached land a “scam within a scam”. A 35-acre Haryana plot valued at ₹60 crore was sold for just ₹10 crore amid rigged valuation, fake publicity and collusion. Court orders fresh transparent auction and returns buyer’s money.

‘Scam Within a Scam’: Bombay HC Exposes ₹50 Cr Fraud in NSEL Land Auction

In a landmark ruling, Bombay HC has termed the 2020 auction of NSEL-attached land a “scam within a scam”. A 35-acre Haryana plot valued at ₹60 crore was sold for just ₹10 crore amid rigged valuation, fake publicity and collusion. Court orders fresh transparent auction and returns buyer’s money.
The Rais booked a flat in 2013, paid ₹79 lakh, and were promised possession by December 2017. What followed was a developer collapse, a project takeover, a majority consent exercise they never agreed to — and a regulator that told them to cooperate. The tribunal disagreed.

MahaRERA Told Homebuyers to Cooperate. Tribunal Tells Builder to Pay Up

The Rais booked a flat in 2013, paid ₹79 lakh, and were promised possession by December 2017. What followed was a developer collapse, a project takeover, a majority consent exercise they never agreed to — and a regulator that told them to cooperate. The tribunal disagreed.