Embassy Enters Mumbai Housing Market with Luxury Projects in Worli, Juhu and Alibaug

Embassy Developments has announced its entry into Mumbai’s housing market with three premium residential projects planned in Worli, Juhu and Alibaug, together valued at over ₹12,000 crore.

Maharashtra Government Sets 9% Annual Lease Rate for Government Lands in 2025, Based on SBI’s MCLR

The Maharashtra government has updated lease rents and interest on government lands to 9% based on SBI’s one-year MCLR for 2025, potentially raising costs for thousands of leased properties and housing societies in Mumbai and across the state. This could mean higher annual payments for common residents on such lands.

Mittal Builders Strengthens Presence in Matunga with Premium Redevelopment Projects

Mittal Builders is expanding its footprint in Matunga with a premium redevelopment project alongside Godrej Properties, while evaluating new opportunities in Five Gardens and Wadala.

Architect’s Certificate Cannot Replace Occupation Certificate, Rules Authority

MahaRERA has ruled that uploading Form 4 does not amount to project completion without an Occupation Certificate, ordering refunds with interest to homebuyers after prolonged delay.

Bombay High Court: Slum Occupants Cannot Stall Eviction Over Disputes on Rehab Shop Location

The Bombay High Court has held that slum occupants cannot block eviction proceedings by disputing the location of their rehabilitation premises, ruling that such allotment disputes must be settled separately after vacating.