SquareFeatIndia

3980 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.
MahaRERA

MahaRERA Suspends Registration of 1,950 Real Estate Projects for Non-Compliance

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registration of 1,950 lapsed housing projects due to non-compliance with regulatory norms. Developers failed to provide updates on their projects’ status, resulting in frozen bank accounts and restricted transactions. With responses received from 5,324 projects, MahaRERA continues its crackdown on errant developers to ensure transparency and protect homebuyers’ interests in the real estate sector.
TREVOC Royal Residences-Ultra-Luxury Residential Project Launched in Gurugram

Residential Real Estate Supply Rises 12.7% YoY, Premium Segment Grows 14.4%

India’s residential real estate market witnessed a 12.7% YoY supply growth in Q4 2024, driven by Bengaluru (56.1%) and Gurugram (44.1%). The premium segment surged 14.4%, accounting for 52% of new supply, while residential prices grew 22.7% YoY, led by Noida, Greater Noida, and Gurugram. Rising investor activity and sustained demand underscore the sector’s continued growth.
MahaRERA Order

Mumbai Developers Face 3 Months Imprisonment in Landmark RERA Case

The Maharashtra Real Estate Appellate Tribunal has ordered the arrest and three-month imprisonment of Neptune Developers’ judgment debtors for failing to comply with attachment warrants and notices under RERA provisions. This landmark ruling highlights stricter enforcement to protect homebuyers and ensure developer accountability.

Varun Dhawan Splurges ₹87 Crore on Two Lavish Apartments in Mumbai

Bollywood actor Varun Dhawan, along with his wife Natasha Dalal and mother Karuna Dhawan, has invested ₹87 crore in two luxury apartments in Andheri, Mumbai. The properties include eight car parking spaces, premium amenities, and a combined stamp duty payment of ₹5.21 crore.
Nirmala Sitharaman to present the union budget

Real Estate Sector Pins Hopes on Union Budget 2025-26 for Revival Measures

The real estate sector is looking to Union Budget 2025-26 for much-needed support amidst declining activity. Affordable housing remains a key focus, with industry experts urging measures such as the reinstatement of the Credit-Linked Subsidy Scheme, revised price caps, and tax incentives. Infrastructure development is also expected to drive long-term growth.