Court Scraps Developer-Backed Society, Cites Illegal Short-Circuiting of Buyers’ Rights

The Bombay High Court has set aside the registration of a developer-backed co-operative housing society in a Baramati project, ruling that authorities acted illegally by bypassing a pending purchaser-led application under MOFA and creating a fait accompli.

High Court “Disturbed” by MHADA’s Legal Lapses; Directs CEO to Overhaul Law Department

The Bombay High Court reprimands MHADA for “disturbing” administrative delays and orders the CEO to overhaul the Law Department to prevent wasteful expenditure of public funds.

Bombay High Court Quashes ₹1.96 Crore Stamp Duty Demand on Kolte Patil Rules Authorities Acted Without Jurisdiction

The Bombay High Court has quashed a ₹1.96 crore stamp duty demand against Kolte Patil Developers, ruling that authorities acted without jurisdiction and beyond statutory limitation.

How RBI’s Unchanged Repo Rate at 5.25% Keeps Home Loan EMIs Steady: A Boost for Homebuyers’ Financial Planning

RBI’s steady repo rate at 5.25% ensures home loan EMIs remain unchanged, delivering EMI predictability to homebuyers and supporting real estate momentum in a positive economic environment, according to key industry voices.

Oberoi Realty Wins Highest Bid of ₹5,400 Crore for 11-Acre Railway Land in Mumbai’s Bandra East

Oberoi Realty has won the bid for an 11-acre prime railway plot in Bandra East at ₹5,400 crore NPV, offering massive development scope with 19.50 lakh sq ft FSI over a 99-year lease from RLDA. Upfront payment ₹495 crore, balance via 45% revenue share.