RERA Can’t Guarantee Delivery: MahaRERA Orders Justice After 5-Year Delay

A MahaRERA order highlights that RERA registration does not ensure timely possession. After a five-year legal fight, a homebuyer secured a refund with interest as the authority found the developer guilty of defaulting even after signing the agreement post-RERA implementation.

🏗️ Realty Stocks Start the Day Steady but Cautious as Markets Open

Realty stocks opened on a stable but cautious note today, with large developers holding the index steady while mid-caps remained mixed. The sector is expected to trade range-bound unless new triggers emerge.

Transit Rent Default Can Cost Builders Their Personal Assets, Bombay HC Signals in Strong Order

The Bombay High Court has ruled that developers who default on paying transit rent to slum dwellers can now have dues recovered from their personal assets, thanks to the newly inserted Section 33B. Calling for strict implementation, the Court directed SRA to decide transit rent complaints within 15 days and ensure immediate disbursal with interest.

Manufacturing Boom Set to Reshape India’s Industrial Real Estate; Leasing Share to Hit 46% by 2027

India’s manufacturing sector is driving unprecedented growth in industrial real estate, with leasing expected to hit nearly 34 million sq. ft by 2027. A new JLL report shows a massive shift toward Grade A facilities and strong demand from advanced manufacturing sectors, reshaping the country’s industrial landscape.

Krisala–Hiranandani Township Creates National Record: 1,100 Homes Allotted in a Single Day, ₹1,000 Crore Booked

Krisala–Hiranandani Township in North Hinjawadi has created a national record with over 1,100 homes allotted in one day and ₹1,000 crore in sales, marking one of India’s most successful residential launches ever.