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.
MahaRERA has ordered the promoter of the Godrej 24 project in Hinjawadi to permanently rectify seepage defects under Section 14(3) of RERA, reinforcing that builders remain responsible for structural defects even after possession and that temporary repairs do not fulfil statutory obligations.

Homeowners Alert! Builders Legally Bound to Fix Major Defects Within 5 Years – RERA Section 14(3) Explained

Under RERA Section 14(3), builders must repair major defects within five years of possession or compensate buyers. A landmark shift in homebuyer protection.
India’s housing market is witnessing a structural shift toward premium homes, with properties above ₹1 crore now making up half of total sales, while affordable housing demand has dropped 17% year-on-year, according to Knight Frank India’s latest report.

ASK Curated Luxury Assets Fund-I Signs ₹500 Crore Platform with ‘Amavi by Clarks’ for Luxury Second Homes

ASK Curated Luxury Assets Fund-I has announced a ₹500 crore equity platform with ‘Amavi by Clarks’ to invest in branded luxury second homes across key holiday and spiritual destinations, marking a significant milestone in India’s hospitality-backed real estate segment.
Realty stocks opened on a steady note as large developers held firm and mid-caps showed mixed movement. Investors await intraday triggers to guide the sector through the rest of the trading session.

🏗️ Realty Stocks Start the Day on a Cautious Note as Markets Open; Eyes on Mid-Cap Recovery & Demand Indicators

Realty stocks began today’s session flat to slightly weak, with large developers steady and mid-caps slipping on profit-booking. The sector remains in consolidation while investors await fresh triggers through the day.
The Enforcement Directorate has handed over four Borivali flats belonging to Mehul Choksi to the liquidator for monetisation, part of the ongoing recovery in the ₹6,097 crore PNB fraud case. With this, assets worth ₹310 crore have been transferred for the benefit of victim banks.

ED Hands Over Mehul Choksi’s Borivali Homes to Liquidator for Monetisation; Move to Benefit Victim Banks

The Enforcement Directorate has handed over four Borivali flats belonging to Mehul Choksi to the liquidator for monetisation, part of the ongoing recovery in the ₹6,097 crore PNB fraud case. With this, assets worth ₹310 crore have been transferred for the benefit of victim banks.
Realty stocks opened on a steady note as large developers held firm and mid-caps showed mixed movement. Investors await intraday triggers to guide the sector through the rest of the trading session.

🏗 🗓️ Realty Stocks Open the Week Flat-to-Slightly Down; Large Caps Hold, Mid-Caps Lag

Real estate stocks opened the week with a steady tone, but the Nifty Realty Index ended slightly lower as mid-caps weighed on overall performance. Large developers held their ground while the sector awaited fresh triggers.