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.
India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

Payment Default by Homebuyers: MahaRERA Upholds Builder’s Right to Cancel Allotments

MahaRERA has ruled that homebuyers who repeatedly default on payments risk losing their flats, upholding a builder’s right to cancel allotments under Section 11(5) of the RERA Act.
Members of the Alkem Laboratories founder family have acquired a ₹62.81-crore ultra-luxury penthouse in Bandra’s Perry Road, reinforcing the area’s status as Mumbai’s premier luxury residential micro-market.

Alkem Laboratories Founder Family Buys ₹62.81-Crore Ultra-Luxury Penthouse in Bandra

Members of the Alkem Laboratories founder family have acquired a ₹62.81-crore ultra-luxury penthouse in Bandra’s Perry Road, reinforcing the area’s status as Mumbai’s premier luxury residential micro-market.
Housing price growth across India’s top eight cities slowed sharply to 6% in 2025, reflecting market consolidation after a strong 2024, with Bengaluru and Hyderabad showing relatively stronger momentum, according to PropTiger.

Mumbai Real Estate Clocks 14-Year High: Property Registrations Cross 1.5 Lakh Mark in 2025

Mumbai’s real estate market delivered its strongest performance in over 14 years…
The Maharashtra government has cleared a ₹20,000-crore Mumbai Police Housing Township Project to construct up to 45,000 service homes, addressing severe housing shortages faced by Mumbai Police personnel.

Can Mumbai Police Finally Own Their Homes? Maharashtra Sets Up High-Level Panel to Study Ownership Rights in Police Colonies

Maharashtra government forms high-level committee to study whether Mumbai police housing colonies can be converted into ownership homes for police officers and staff.
In a key ruling, ITAT Mumbai allowed Valencia Co-Operative Housing Society in Powai to claim tax deduction on interest earned from co-operative bank deposits, clarifying when housing societies can legally avoid tax on such income.

Big Changes Ahead for Housing Societies? Maharashtra Sets Up High-Level Panel to Rewrite Cooperative Law

Maharashtra has set up a high-level expert committee to overhaul the Cooperative Societies Act and related rules—a move that could significantly impact housing society governance, elections and member rights across the state.