Sugee Group Enters Second Homes Market with Gated Plotted Development in Karjat

Sugee Group has entered the second-home market with a gated plotted development project in Karjat, launched in partnership with ACE Dealmakers and Purnasya. The project offers freehold NA plots with infrastructure, targeting families and investors.

Mumbai Property Registrations Down 11% MoM in Aug 2025; Stamp Duty Revenue Slips 19% to ₹1,000 Cr

Mumbai’s August 2025 property registrations fell to 11,230 and stamp duty to ₹1,000 crore, down 11% and 19% month-on-month. The dip signals a demand pause ahead of the festive season, with pricing and offers set to decide the next leg.

Hema Malini Sells Two Flats in Mumbai’s Oberoi Springs for ₹12.5 Cr

Bollywood actress and MP Hema Malini sold two Oberoi Springs flats in Andheri West, Mumbai, for ₹12.50 crore. The deal sets a clear benchmark for luxury housing prices in the area and underscores Andheri West’s status as a prime property market.

Relief for Flat Buyers: Tribunal Blocks Builder’s Move to Avoid Refunds

In a landmark relief for homebuyers, the Maharashtra Real Estate Appellate Tribunal has stayed a MahaRERA order that overturned refund reliefs, ruling that review powers cannot amend substantive orders. This precedent strengthens homebuyer protections against promoter tactics.

Indian Hospitality Achieves Exceptional Growth: RevPAR Up 12.9% in Q2 2025, Bengaluru Sets New Benchmark

India’s hospitality industry surged in Q2 2025 with RevPAR up 12.9% year-on-year, according to JLL. Bengaluru led the way with 29.4% growth, while Hyderabad, Chennai, Delhi, and Mumbai showed strong momentum. With 106 new hotel signings totaling 13,398 keys, investor confidence in India’s long-term hospitality growth remains at record highs.