SquareFeatIndia

3452 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.
ITAT Mumbai dismisses Dadar housing society’s appeals for 2011–16 after 7-year delay, despite society being legally correct on ₹4–5 lakh 80P deduction claim.

Income Tax Tribunal slams door on Dadar housing society: 7-year delay costs ₹4–5 lakh tax relief despite being legally correct

A 15-member Dadar senior-citizens housing society lost its fully valid ₹4–5 lakh tax exemption claim only because it filed appeals 7–8 years late. ITAT Mumbai refused to condone the “gross negligence”, slamming the door despite the department being clearly wrong on law. A harsh reminder: even if you’re 100% right, miss the limitation period by years and you lose everything.
A 1968 typing mistake quietly transferred 9 aare of ancestral farmland from Kachru Bansod’s family to their neighbours, only on paper. For 57 years the Bansods continued cultivating it. On 21 November 2025, the Bombaybos HC quashed the injustice and restored the land, ruling that a clerical error can be corrected anytime when possession was never actually transferred.

57-Year Clerical Error That “Stole” a Family’s Land on Paper Finally Corrected

A 1968 typing mistake quietly transferred 9 aare of ancestral farmland from Kachru Bansod’s family to their neighbours, only on paper. For 57 years the Bansods continued cultivating it. On 21 November 2025, the Bombaybos HC quashed the injustice and restored the land, ruling that a clerical error can be corrected anytime when possession was never actually transferred.
In a landmark ruling on November 25, 2025, the Bombay High Court clarified that the contractual term 'built-up area wall to wall' equates to carpet area, dismissing a developer's challenge to an arbitral award in a Mumbai land development dispute. The decision highlights the need for precise language in real estate agreements to prevent ambiguities over usable space.

From ₹8,000 to ₹9,500: How a Rate Row Between Two Builders Delayed 80 Families for Two Years

“₹8,000 or ₹9,500 per sq.ft.? One builder’s greed over ₹1,500/sq.ft. kept 80 ready Pune flats locked for two years. Today the Bombay High Court said ENOUGH — quashed the stop-work notice and ordered immediate possession. When private fights hurt real home-buyers, the court steps in.”
Bollywood actress Karisma Kapoor has leased her Bandra West apartment for ₹5.51 lakh a month, with a total rental value of ₹66.12 lakh for the year. The premium 2,200 sq. ft. residence includes three parking spaces and was registered in November 2025.

Karisma Kapoor Rents Out Bandra West Apartment for ₹5.51 Lakh Per Month; Annual Value ₹66.12 Lakh

Bollywood actress Karisma Kapoor has leased her Bandra West apartment for ₹5.51 lakh a month, with a total rental value of ₹66.12 lakh for the year. The premium 2,200 sq. ft. residence includes three parking spaces and was registered in November 2025.
In 2025, MahaRERA delivered a series of landmark reforms—disposing of a record 6,945 complaints, integrating all planning authorities, tightening compliance norms, and strengthening enforcement—marking a decisive shift toward faster justice, transparency, and stronger protection for homebuyers across Maharashtra.

MahaRERA Officer Will Now Register Your Flat or Cancellation Deed if Builder Refuses

Huge win! MahaRERA’s Circular 50/2025: If builder refuses to sign your flat registration or cancellation deed, a MahaRERA officer will sign on his behalf and Sub-Registrar MUST register it. No more endless waiting!