31% Women Now Buy Homes for Investment, 52% Prefer Premium Properties

Indian women are increasingly investing in real estate, with 31% now purchasing homes for investment, up from 21% in 2022, as per the ANAROCK H2 2024 survey. Over 52% of women prefer properties priced above ₹90 lakh, while real estate has solidified its position as the most preferred investment option for 70% of women. The survey also reveals a growing preference for under-construction homes, highlighting a shift towards long-term capital appreciation.

MahaRERA Clarifies: Possession Without an OC is Not Legally Recognized

MahaRERA has clarified that possession of a property without an Occupancy Certificate (OC) is not legally valid. In a case involving the LEO Group Housing Complex, the regulatory body ruled that homebuyers living in such properties do not hold legal possession. The authority has imposed penalties on the developer and allowed affected buyers to claim compensation for delayed possession.

Rohit Sharma Puts His Mumbai Apartment on Rent for ₹2.60 Lakh Per Month

Indian cricket star Rohit Sharma has put his luxury apartment in Lower Parel, Mumbai, on rent for ₹2.60 lakh per month. The property, located in Lodha Marquise – The Park, was originally purchased in 2013 for ₹5.46 crore and offers a 6% rental yield. Sharma and his father also own another apartment in the same complex, leased out in October 2024. Known for his record-breaking performances on the field, Sharma’s smart real estate investments continue to add to his financial portfolio.

The Role of Policy in Driving Sustainable Real Estate Development

As India faces rapid urbanization, sustainable real estate is emerging as a necessity. Government policies and smart technology are driving a shift toward eco-friendly development.

Homebuyers Alert: MahaRERA Invites Objections on De-Registration of 12 Real Estate Projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has published a list of real estate projects for which promoters have applied for de-registration. Homebuyers and stakeholders are urged to review the list and submit objections if they have concerns. The deadline for objections is thirty days from the date of the notice.