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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.

MHADA

MHADA Konkan Board Lottery 2025 Deadline Extended to September 12; Draw on October 9

The MHADA Konkan Board has extended the application deadline for its 2025 housing lottery to September 12. With over 1.49 lakh applications received for 5,285 flats and 77 plots, the computerised lottery draw will be held on October 9, 2025, at Dr. Kashinath Ghanekar Natyagriha in Thane.
REIT

REIT Share in India’s Office Market May Nearly Double to 30% by 2030

Colliers India predicts that REIT penetration in the country’s office market could nearly double to 25–30% by 2030 from the current 16%. With 500 million sq. ft. of REIT-worthy Grade A offices and growing interest in retail, warehouses, housing, and data centres, REITs are emerging as a key growth driver for Indian real estate.
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

Possession Dates Are Not Up For Negotiation

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.
PVR Inox has secured a 15-year lease for a massive retail space in the new Oberoi Sky City Mall in Borivali, with a monthly rent of ₹91.42 lakh or 20% revenue share, whichever is higher.

PVR Inox Leases Space in Oberoi Sky City Mall, Borivali, for ₹91.42 Lakh Monthly Rent or 20% Revenue Share

PVR Inox has secured a 15-year lease for a massive retail space in the new Oberoi Sky City Mall in Borivali, with a monthly rent of ₹91.42 lakh or 20% revenue share, whichever is higher.
MHADA

Registration Extended to Sept 8 for MHADA’s E-Auction of 149 Non-Residential Shops

The Mumbai Housing and Area Development Board has extended the registration and application deadline for its e-auction of 149 non-residential shops to September 8, 2025. The e-auction is scheduled for September 10, with results on September 11.