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.
After two decades of legal battle, the Bombay High Court has ordered the vacation of three shops on a prime 450 sq yard open plot in Bandra, ruling that occupants inducted by the original lessee have no independent right once the head tenancy is terminated.

Bombay High Court Rules Basement & Parking Purchase Does Not Confer Cooperative Housing Society Membership

Bombay HC dismisses plea: Basement & parking not a ‘flat’ under MCS Act → no membership in coop society. Justice Borkar upholds strict sanctioned-plan rule.
Real estate stocks opened on a cautious note as Indian markets consolidated in early trade. While select developers like DLF and Phoenix Mills showed resilience, others faced pressure, pointing to a range-bound and stock-specific trading session ahead.

🏗️ Realty Stocks Open Steady to Positive as Markets Resume Trade; Select Developers Outperform

Real estate stocks opened steady to positive as markets resumed trade, with select listed developers outperforming in early sessions while investors remained cautious ahead of intraday cues.
“In a dramatic turn, the Bombay High Court has ruled that 6 votes were not enough to remove the Chairperson of a Goregaon housing society because a newly appointed member’s voting right was denied — turning a 0.67 fraction into the decisive factor in a bitter redevelopment battle.”

Your Feedback Now Has a Place in Every Government Office: Maharashtra Makes ‘Listening to Citizens’ Official Policy

The Maharashtra Government has made it mandatory for every government office to collect and act upon citizen feedback. From staff behaviour to service delivery, your experience will now be officially recorded and used for administrative reforms and policy decisions.
“Being the owner gives you preferential rights, but not unlimited time.” In a firm order, SRA removes a private landowner as developer after three years of zero progress on a Lower Parel slum scheme, prioritising slum dwellers’ right to timely rehabilitation.

Bombay High Court Rejects Vile Parle Housing Society’s Demand for Excess Lease Premium

The Bombay High Court has ruled that Vallabhnagar Co-operative Housing Society, Vile Parle, cannot deny membership to Andheri purchasers by demanding lease premium beyond the statutory ceiling fixed under Section 79A.
MHADA

Bad News for Homebuyers: MHADA Postpones Online Registration for 120 Mumbai Flats Under FCFS Scheme

MHADA has postponed the online application registration for the sale of 120 Mumbai flats under its First Come First Served scheme due to technical issues. The revised date will be announced soon.