MHADA Announces Reduction in Prices for 1,221 Lottery Homes

MHADA slashes prices by 7.5% on 1,221 tenements in Vikhroli’s Kannamwar Nagar project; lottery deadline extended to 14 May 2026 with draw on 5 June. Each flat includes free car parking.

Bombay HC Orders Demolition of 14-Storey Illegal Building

In a firm stand against illegal constructions, the Bombay High Court has directed the demolition of a 14-storey building in Ulhasnagar, holding that the builders obtained permission by misleading the municipal corporation. The court refused any relief or stay, citing fraud and public interest.

Housing Boom with a Twist: New Launches Jump 13% but Buyers Turn Cautious in Q1 2026

India’s housing market saw record-breaking launches in Q1 2026, but slower sales growth signals cautious buyers. Premium homes dominate demand, reshaping the real estate landscape.

Maharashtra Government Greenlights MGN Agro Properties-Honest Shelters Consortium for Landmark Abhyudaya Nagar Redevelopment

Maharashtra Government today approved the MGN Agro Properties-Honest Shelters consortium as the C&D agency for the long-pending redevelopment of Abhyudaya Nagar MHADA colony in Kalachowki. The 33-acre project will provide 620 sq ft flats to over 3,400 families.

Housing Society Wins Key Victory in Deemed Conveyance Dispute Against Developer

In a major relief for flat owners, Bombay High Court has ordered deemed conveyance for Rashesh CHS in Bhayandar, granting exclusive rights over 2201.56 sq.m. and proportionate share in recreational ground. A significant win against developer delay.