Fate of 1,819 Real Estate Projects in MMR in Limbo Amid OC Verification Drive by MahaRERA

In the aftermath of a fake documents case in Kalyan-Dombivali, MahaRERA has initiated an Occupancy Certificate (OC) verification drive for 3,699 lapsed housing projects across Maharashtra. The Mumbai Metropolitan Region is the most affected, with 1,819 projects now under review. Planning Authorities have 10 days to confirm the authenticity of submitted OCs or face full liability for any future discrepancies.

MahaRERA Updates Guidelines for Hearing Complaints, Prioritizes Seniority

MahaRERA has issued a new circular revising the guidelines for hearing complaints filed under Section 31 of the RERA Act. The circular emphasizes that complaints will generally be heard based on the seniority of their filing date, with exceptions for cases involving serious illness, order reviews, settled disputes, and other specific circumstances.  

Real Estate Leads AIF Net Investments with ₹73,903 Cr Infusions Till 9M FY25

According to ANAROCK’s AIFs Research Report 2025, real estate emerged as the top investment sector with ₹73,903 crore infused till 9M FY25, accounting for 15% of total net AIF investments. The report also highlights the growing dominance of Category II AIFs and the pivotal role of the SWAMIH Fund in reviving stalled projects across India.

Akshay Kumar Sells Mumbai Office Space for ₹8 Crore, Registers 65% Property Appreciation

Bollywood superstar Akshay Kumar has sold his office space in Mumbai’s One Lodha Place for ₹8 crore. The deal, registered in April 2025, reflects a 65% increase from the original purchase price in 2020, highlighting the rising demand for prime commercial real estate in Lower Parel.

Gokuldham Residents May Opt for Self-Redevelopment

Residents of Gokuldham mill workers’ colony in Goregaon East are showing strong interest in self-redevelopment of their aging buildings, seeking more control and transparency compared to traditional builder-led models. An awareness session led by architect Chandrashekhar Prabhu highlighted the benefits and process of self-redevelopment, emphasizing community empowerment and efficient urban renewal.