Indiabulls Sky Forest Case: Landmark RERA Ruling Orders Developer to Issue Full Refunds with Interest

The Maharashtra Real Estate Appellate Tribunal has issued a pivotal ruling in the Indiabulls Sky Forest case, directing the developer to provide homebuyers full refunds with interest, notably calculating interest on a significant portion from the original payment dates. This decision underscores RERA’s strength in safeguarding consumers against project delays.

Tier 1 Cities to Dominate GCC Hiring in FY26 — But the Talent Map is Shifting

India’s Global Capability Centres (GCCs) are set to ramp up hiring in FY26, with 60% of demand focused on Tier 1 cities like Bengaluru and Hyderabad. However, a shift is underway as 42% of GCCs are now considering talent from Tier 2 and 3 cities, reflecting a growing preference for decentralised hiring and hybrid work models. A new report by Taggd, CII, and JLL highlights both the expansion and transformation of India’s GCC workforce strategy.

Mumbai Office Market Hits 169 Mn Sq Ft: Over 50% Stock in Grade B Category, Flex Space Demand Soars

Mumbai’s office stock hit 169 Mn sq. ft. in H1 2025, with over 50% in Grade B assets. SBDs lead the shift, flex space dominates leasing, and vacancy hits a 10-year low, as per Knight Frank’s Billion Sq Ft report.

RBI Expected to Hold Rates at 5.50%, but Experts See Case for Further Cuts

As the RBI gears up for its August 2025 policy review, economists anticipate a pause at 5.50% despite record-low inflation and slowing industrial output. Experts from Colliers, Reloy, Vestian, and Square Yards outline how future rate decisions could shape India’s economic recovery and real estate momentum ahead of the festive season.

India’s Retail Leasing Hits Record Growth, But Supply Gaps May Temper Momentum

Retail leasing in India surged 69% year-on-year in H1 2025 to 5.7 million sq. ft., with Bengaluru and Delhi NCR leading the charge. However, JLL warns that supply shortages could moderate leasing momentum unless new stock comes online swiftly.