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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.

In a significant ruling, MahaRERA has allowed fresh registration for Parinee Eminence Phase 1 under a new promoter while clarifying that previous homebuyers cannot enforce their agreements against the incoming developer. Old claims remain against the terminated promoter, with a lien created for protection.

Homebuyers Beware? MahaRERA Rules New Developer Not Liable for Old Promoter’s Defaults

In a significant ruling, MahaRERA has allowed fresh registration for Parinee Eminence Phase 1 under a new promoter while clarifying that previous homebuyers cannot enforce their agreements against the incoming developer. Old claims remain against the terminated promoter, with a lien created for protection.
MahaRERA has ruled that a booking application form does not by itself create a binding sale contract and directed Mahindra Happinest Developers to refund ₹1.50 lakh to a homebuyer, holding that forfeiture was illegal as the booking was never completed.

RERA Not for Redevelopment: Tribunal Warns Housing Society Members

Important alert for housing societies: Original members getting rehab flats in redevelopment projects cannot file complaints against the builder under RERA, rules Maharashtra Real Estate Appellate Tribunal. Disputes must be resolved through the Development Agreement and society only.
After more than two decades, the Maharashtra government has revised the carpet area of staff quarters for its officers and employees. The new norms significantly increase the size of government housing across all pay levels, reflecting changing lifestyle needs and modern construction standards.

Grade A Office Boom Hits Record, Mid-Tier Spaces Struggle for Demand

India’s office market is splitting in two—record demand and rising rents for Grade A spaces, while mid-tier buildings struggle with high vacancies and falling relevance amid the GCC boom.
Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT restores case of Chembur society and directs fresh verification as per Supreme Court judgment.

Housing Societies Can Claim Tax Relief on Interest Only from These Banks

Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT restores case of Chembur society and directs fresh verification as per Supreme Court judgment.
India’s warehousing absorption rebounded sharply by 64% in Q3 2025, with Mumbai contributing nearly half of the national demand and Kolkata recording its highest-ever quarterly leasing, according to Vestian.

13 Key Clusters to Drive 80% of India Warehousing Demand

A Colliers India report reveals that 13 high-activity clusters—including Bhiwandi and Chennai hubs—will drive up to 80% of India’s industrial and warehousing demand in the coming years.