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Realty

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Stay updated with the latest news and trends in the realty sector. This tag encompasses various aspects of real estate including property developments, market insights, investment opportunities, and industry news, providing comprehensive coverage for real estate professionals and enthusiasts.

Get the latest news, trends, and insights in the real estate industry. This tag covers a wide range of topics including market analysis, property developments, investment opportunities, and residential and commercial real estate updates. Stay informed about the dynamics shaping the real estate sector.

Indian Hospitality Sector Booms: Strong Growth in RevPAR and Investments

ICRA Revises Indian Hospitality Sector Outlook to Stable as Growth Normalises in FY2026

ICRA revises India’s hospitality sector outlook to Stable for FY2026 as revenue growth normalises to 6–8%. Premium hotel occupancy and room rates remain healthy, with earnings and credit metrics supported by cost efficiency and asset-light strategies. Supply growth continues to lag demand in key markets, adding to price resilience.

Hrithik and Rakesh Roshan Sell Mumbai Properties Worth ₹6.75 Crore in Andheri West

Hrithik Roshan and filmmaker Rakesh Roshan have sold three properties in Mumbai’s Andheri West for ₹6.75 crore, according to property registration documents accessed in May 2025. The transactions include flats in Veejays Niwas and Raheja Classique, two of the area’s prominent residential complexes.

MHADA Floats Tender for Kamathipura Redevelopment

MHADA has launched the long-awaited Kamathipura Cluster Redevelopment Project, covering 34 acres in South Mumbai. The plan includes the rehabilitation of over 8,000 tenants and 800 landowners and will transform the area with new housing, commercial spaces, and infrastructure. The initiative, approved under DCPR 2034 Regulation 33(9), aims to create an “Urban Village” with modern living amenities and secure housing for residents.

John Abraham Rents Out Three Bandra Properties, Set to Earn ₹4.3 Crore Over 5 Years

Bollywood actor John Abraham has leased out three premium residential units in The Sea Glimpse Housing Society, Bandra West, Mumbai. Registered in May 2025, the rental agreement is expected to earn him nearly ₹4.3 crore over a five-year term. The deal reflects a growing trend of celebrities leveraging high-value real estate assets for steady rental income in Mumbai’s booming luxury market.
MahaRERA Tribunal rules that a housing society continuing redevelopment is a promoter under RERA and must make pre-deposit to appeal.

Not Just Developers! Tribunal Says Society is Also a Promoter Under RERA

In a major ruling, the Maharashtra Real Estate Appellate Tribunal held that a society redeveloping its own property after terminating the builder is also a “promoter” under RERA — making it liable to compensate flat buyers and requiring it to deposit funds before appealing.