SquareFeatIndia

3651 posts
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.
Hospitality industry

Indian Hospitality Achieves Exceptional Growth: RevPAR Up 12.9% in Q2 2025, Bengaluru Sets New Benchmark

India’s hospitality industry surged in Q2 2025 with RevPAR up 12.9% year-on-year, according to JLL. Bengaluru led the way with 29.4% growth, while Hyderabad, Chennai, Delhi, and Mumbai showed strong momentum. With 106 new hotel signings totaling 13,398 keys, investor confidence in India’s long-term hospitality growth remains at record highs.
MHADA

MHADA Konkan Board Lottery 2025 Deadline Extended to September 12; Draw on October 9

The MHADA Konkan Board has extended the application deadline for its 2025 housing lottery to September 12. With over 1.49 lakh applications received for 5,285 flats and 77 plots, the computerised lottery draw will be held on October 9, 2025, at Dr. Kashinath Ghanekar Natyagriha in Thane.
Actor Sonu Sood

Sonu Sood Sells Mahalaxmi Apartment for ₹8.10 Crore

Actor Sonu Sood has sold his luxury apartment in Lokhandwala Minerva, Mahalaxmi, for ₹8.10 crore, according to IGR Maharashtra records reviewed by Square Yards. The 1,247 sq. ft. property, purchased in 2012 for ₹5.16 crore, reflects a significant rise in South Mumbai’s real estate values.
REIT

REIT Share in India’s Office Market May Nearly Double to 30% by 2030

Colliers India predicts that REIT penetration in the country’s office market could nearly double to 25–30% by 2030 from the current 16%. With 500 million sq. ft. of REIT-worthy Grade A offices and growing interest in retail, warehouses, housing, and data centres, REITs are emerging as a key growth driver for Indian real estate.
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

Possession Dates Are Not Up For Negotiation

In a landmark relief for homebuyers, the Maharashtra Real Estate Appellate Tribunal has stayed a MahaRERA order that overturned refund reliefs, ruling that review powers cannot amend substantive orders. This precedent strengthens homebuyer protections against promoter tactics.