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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.
In a significant setback for Runwal Homes, the Maharashtra Real Estate Appellate Tribunal has directed refund of over ₹39 lakh to homebuyers in Runwal Greens, Mulund, after finding the promised 1096 sq. ft. carpet area was actually far less as per approved plans. The Tribunal also awarded interest on the entire delay from 2015 to 2020, overturning MahaRERA’s developer-friendly order.

Runwal Greens Mulund: Tribunal Orders Runwal To Refund ₹39.8L for Less Carpet Area + Delay Interest

In a significant setback for Runwal Homes, the Maharashtra Real Estate Appellate Tribunal has directed refund of over ₹39 lakh to homebuyers in Runwal Greens, Mulund, after finding the promised 1096 sq. ft. carpet area was actually far less as per approved plans. The Tribunal also awarded interest on the entire delay from 2015 to 2020, overturning MahaRERA’s developer-friendly order.
Maharashtra’s latest GR update makes it clear that not all encroachments will be regularised. With MHADA and SRA lands excluded, the policy now draws strict boundaries on who qualifies.

Maharashtra Govt Issues Orders to Regularise Pre-2011 Residential Encroachments on Govt Land

In a relief measure for poor families, the Maharashtra government has decided to regularise purely residential encroachments on government land that existed before 1 January 2011. The policy offers free regularization up to 500 sq ft and charges only 10% of market value for additional area up to 1,500 sq ft, with a last date of 31 December 2026 for applications. Mumbai districts are excluded.
India’s housing market saw a shocking 7% quarterly drop in sales in Q1 2026 despite strong annual growth. With rising inventory, increasing luxury supply, and global uncertainties impacting demand, is the real estate cycle entering a new phase?

Sales Down 7%, Inventory Above 6 Lakh: Q1 2026 Real Estate Data Raises Red Flags

India’s housing market saw a shocking 7% quarterly drop in sales in Q1 2026 despite strong annual growth. With rising inventory, increasing luxury supply, and global uncertainties impacting demand, is the real estate cycle entering a new phase?
MahaRERA has cracked down on Bhagwati Developers, giving Kharghar homebuyers a major relief: complete all promised amenities including swimming pool, gym and play areas in 6 months, and hand over permanent parking spaces within just 1 month at Bhagwati Greens 2

MahaRERA Cracks the Whip on Bhagwati Developers: Kharghar Homebuyers Get 6-Month Amenities Deadline & 1-Month Permanent Parking Relief at Bhagwati Greens 2

MahaRERA has cracked down on Bhagwati Developers, giving Kharghar homebuyers a major relief: complete all promised amenities including swimming pool, gym and play areas in 6 months, and hand over permanent parking spaces within just 1 month at Bhagwati Greens 2
Madhuri Dixit has leased a commercial unit in Mumbai’s Lower Parel for ₹2.81 crore over 5 years, highlighting strong demand for premium office spaces in the city.

Madhuri Dixit Leases Commercial Space in Mumbai’s Lower Parel for ₹2.81 Crore Over 5 Years

Madhuri Dixit has leased a commercial unit in Mumbai’s Lower Parel for ₹2.81 crore over 5 years, highlighting strong demand for premium office spaces in the city.