SquareFeatIndia

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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.
Bombay HC allowed homebuyers’ ₹45 lakh refund claim against Godrej to proceed despite a long filing delay.

Bombay HC Allows Homebuyers’ ₹45 Lakh Refund Claim Against Godrej to Proceed

The Bombay High Court has refused to interfere with orders condoning delay…
In a peculiar case, a Nagpur promoter renumbered the buyer’s Flat 701 to 702 without consent and sold the original flat to another person. MahaRERA has now directed the promoter to correct the documents and hand over Flat 702 along with substantial delay interest.

Builder Sells Flat 701, Renumbers it 702, RERA Orders Buyer to Take 702 + Delay Interest

In a peculiar case, a Nagpur promoter renumbered the buyer’s Flat 701 to 702 without consent and sold the original flat to another person. MahaRERA has now directed the promoter to correct the documents and hand over Flat 702 along with substantial delay interest.
MHADA

Bombay HC dismisses all writ petitions challenging MHADA’s cluster redevelopment of Adarsh Nagar (Worli) and Bandra Reclamation layouts.

Bombay HC has dismissed petitions filed by co-operative societies, clearing MHADA’s path for integrated cluster redevelopment of Adarsh Nagar and Bandra Reclamation layouts in larger public interest.
Real estate stocks opened mixed on Monday as Indian markets turned volatile amid global uncertainty and macroeconomic concerns. While developers like Godrej Properties and DLF showed resilience, several other realty counters remained under pressure, pointing to a stock-specific and volatile trading session ahead.

Realty Stocks Open Higher as Crude Drops Below $72 and Market Eyes a Fifth Straight Day of Gains

Realty stocks aim for a fifth straight session of gains on July 3 as GIFT Nifty jumps 182 pts, crude drops below $72, and FIIs turn net buyers at last.
MahaRERA Appellate Tribunal rules that settlement on possession & payment does not waive homebuyer’s right to RERA delay interest unless explicitly recorded.

MahaRERA Tribunal Bound to Hear Prayer to Change Developer in Stalled Projects: Bombay HC

Bombay HC allows homebuyers to seek Tribunal-appointed developer for completing Kandivali project at builder’s cost. Tribunal cannot refuse to hear such prayers citing absence of other allottees or Sec 7 RERA route.