864 Families to Receive Homes in Naigaon BDD Chawl Redevelopment; Keys to Be Distributed by CM Devendra Fadnavis

In a key milestone for the BDD Chawl redevelopment, 864 families from Naigaon will receive new 2BHK homes on March 16. The project is part of Mumbai’s massive 86-acre urban renewal initiative covering Worli, NM Joshi Marg, and Naigaon.

Date of Possession is Sacrosanct: Tribunal Slams MahaRERA for Illegally Altering Agreed Timeline

In a major victory for homebuyers, MahaREAT has overturned MahaRERA’s order in the Cavansite project case, ruling that the possession date in a registered agreement is sacrosanct and cannot be changed by any authority without mutual consent.

Builder’s Own Letter Exposes Lie: No Possession Given Even After OC – Tribunal Orders Interest For Delay

In a landmark ruling, MahaREAT has ordered a Kalyan builder to pay interest for delayed formal possession in Unique Al Nashra Heights, exposing contradictions where the developer admitted in writing—no possession handed over—even months after obtaining OC. Homebuyers now have stronger grounds to claim compensation if paperwork lags behind keys.

Builder Raided: IT Dept Accuses Buyer of ₹22 Lakh Black Money – ITAT Throws Out Case!

IT Dept raided builder, claimed buyer paid ₹22 lakh hidden cash — but ITAT Mumbai exposes weak case: no direct proof, no fair cross-exam. Full addition scrapped in dramatic win for taxpayer!

Realty Stocks Open Mixed as Indian Markets Begin Trade; Heavyweights Keep Sector Under Pressure

Real estate stocks began today’s trading session on a mixed note as the Nifty Realty index slipped in early trade. While developers such as DLF and Phoenix Mills showed resilience, several heavyweights including Prestige Estates and Brigade Enterprises faced selling pressure.