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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.

“4 lakh lives at risk… yet redevelopment was frozen.” The Devadhar Committee report submitted to Bombay HC largely clears MHADA’s Section 79-A path, warning that further delay could prove fatal for Mumbai’s crumbling cessed buildings.

MHADA 79-A Path Almost Clear: Faster Redevelopment for 12,552 Cessed Buildings

“4 lakh lives at risk… yet redevelopment was frozen.” The Devadhar Committee report submitted to Bombay HC largely clears MHADA’s Section 79-A path, warning that further delay could prove fatal for Mumbai’s crumbling cessed buildings.
“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.

Approvals & Clearances Builder’s Duty, Home Buyers Can’t Suffer Delays

“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.
A Mira Road builder collected over ₹28 lakh from a homebuyer across four years, never once executed an Agreement for Sale, then cancelled his flat for "non-payment." The Maharashtra Real Estate Appellate Tribunal wasn't buying it — and delivered one of the most comprehensive homebuyer-friendly rulings in recent memory.

Builder Pockets 90% of Your Money,Then Cancels Your Flat — Tribunal Says: Not on Our Watch

A Mira Road builder collected over ₹28 lakh from a homebuyer across four years, never once executed an Agreement for Sale, then cancelled his flat for “non-payment.” The Maharashtra Real Estate Appellate Tribunal wasn’t buying it — and delivered one of the most comprehensive homebuyer-friendly rulings in recent memory.
A homebuyer paid in full for a flat in Kanakia Hollywood, Versova, took possession in 2019, and now cannot sell it because BEST is refusing NOC. MahaRERA has outright rejected his complaint, leaving him to fight alone. A classic case of “buyer beware” in leasehold projects.

MahaRERA Orders Interest for Delayed Possession in Kalyan’s Vrundavan Project

MahaRERA directs Shree Vasturachana Developers to pay interest for delayed possession in Vrundavan project, Kalyan, as physical handover without OC ruled invalid. Buyer wins compensation under Section 18.
Real estate stocks opened mixed on Monday as Indian markets turned volatile amid global uncertainty and macroeconomic concerns. While developers like Godrej Properties and DLF showed resilience, several other realty counters remained under pressure, pointing to a stock-specific and volatile trading session ahead.

Realty Stocks Open Mixed as Dalal Street Turns Volatile; Large Developers Under Spotlight

Real estate stocks opened mixed on Monday as Indian markets turned volatile amid global uncertainty and macroeconomic concerns. While developers like Godrej Properties and DLF showed resilience, several other realty counters remained under pressure, pointing to a stock-specific and volatile trading session ahead.