Delay Excused: Developer’s Appeal Against MahaRERA to Proceed

In a significant ruling for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaREAT) has allowed a developer’s delayed appeal to proceed. The developer, Runwal Developers Pvt. Ltd., successfully argued that a long delay in challenging a MahaRERA order was due to their “bonafide” pursuit of a review application. While the court recognized the delay , it concluded there was no negligence or intentional prolonging of the matter. The appeal was allowed on the condition that the developer pays a cost of ₹10,000 to the homebuyers.

Mumbai Homebuyers Shift Gears: Premium Homes & 2BHKs Lead as Affordable Demand Fades

Mumbai’s housing market is seeing a clear tilt towards premium living, reveals ANAROCK’s Homebuyer Sentiment Survey (H1 2025). While demand for affordable homes in the city’s peripheries is weakening, a growing share of buyers prefer 2BHK units in the ₹90 lakh–₹1.5 Cr price bracket. The survey highlights that 81% of MMR homebuyers are concerned about rising prices, which have jumped across key micro-markets, from ₹24,950 per sq. ft. in Central Suburbs to ₹44,000 per sq. ft. in South Central Mumbai. New launches have moderated by 24% year-on-year, but trust in branded developers and the promise of timely delivery is driving demand. For Mumbai homebuyers, the choice is now clear: better location, better quality, and better value — even if it costs more.

GST on Homes: Affordable at 1%, Luxury at 5%, Ready Flats Exempt

Affordable homes attract just 1% GST, under-construction projects 5%, while ready-to-move-in flats are exempt. With cement GST cut to 18%, construction costs may ease, but buyer benefits depend on developers.

1% Greener Office = 3% More Thriving Employees

The Confederation of Indian Industry – Indian Green Building Council (CII-IGBC) and the Confederation of Danish Industry (DI) have released a first-of-its-kind research report proving that sustainable workplaces enhance employee thriving, engagement, and organizational profitability. Supported by IIM Ahmedabad, the multi-year study covers six Indian cities and offers robust evidence that green building practices go beyond environmental gains to deliver measurable business value.

Tiger Shroff Sells Khar Apartment for ₹15.6 Cr, Earns Nearly ₹4 Cr Profit

Tiger Shroff has sold his luxury apartment in Rustomjee Paramount, Khar, for ₹15.6 crore, earning nearly ₹4 crore over his 2018 purchase price. The deal highlights both the star’s smart investment and the strength of Mumbai’s prime real estate market.