SquareFeatIndia

3449 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.
Realty stocks opened subdued on Feb 27 as Indian markets slipped into early losses. While select developers like DLF and Phoenix Mills showed mild gains, heavyweights such as Godrej Properties faced pressure, pointing to a cautious, range-bound session for the sector.

🏗️ Realty Stocks Open Flat as Market Opens; Investors Look for Intraday Triggers

Realty stocks opened the trading session steady, with large developers providing support while mid-caps remained mixed. Investors showed a cautious stance as markets awaited fresh triggers for intraday momentum.
MahaRERA rules builder's one-sided termination — issued 4 years after homebuyers' complaint — cannot cancel statutory delay interest rights under RERA while project incomplete, granting interest from Jan 2022 till possession with OC in Ruparel Skygreens I case.

Developers Mandated to Execute Conveyance Deed Within 3 Months of Occupancy Certificate

Under RERA, developers must mandatorily handover conveyance deeds to allottees or societies within 3 months of OC issuance, as per Section 17(1), to secure full property rights.
In a major relief for Mumbai’s mill workers, the Maharashtra government has withdrawn a rule that permanently barred workers from MHADA housing if they refused an offered home, restoring fairness to the long-pending housing scheme.

Maharashtra Govt Reverses Harsh Rule on Mill Workers’ Housing Allotment — “No More Lifetime Ban for Rejecting an Offered Home”

In a major relief for Mumbai’s mill workers, the Maharashtra government has withdrawn a rule that permanently barred workers from MHADA housing if they refused an offered home, restoring fairness to the long-pending housing scheme.
MahaREAT has ruled that homebuyers who file civil suits first for possession and interest cannot later file RERA complaints for identical reliefs, dismissing RERA complaints as non-maintainable due to forum shopping.

Individual Agreement Possession Dates Prevail Over Extended RERA Project Timelines for Calculating Delay Interest

A December 2025 MahaRERA order rules that possession dates in individual Agreements for Sale prevail over extended project timelines on the portal, entitling buyers to delay interest under Section 18—even rejecting builders’ COVID-19 extension claims for contracts signed post-pandemic.
MHADA

Maharashtra Govt Tightens Control Over MHADA Land Allotment, Forms High-Level Ministerial Panel

The Maharashtra government has formed a powerful Cabinet Sub-Committee to decide MHADA land allotments under Rule 16, centralising control over residential and commercial plots and replacing the earlier 2022 panel.