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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.
MahaRERA Tribunal Slams Developer: No Proof of Homebuyer Consent for Porject Delays
In a significant win for homebuyers, the Maharashtra Real Estate Appellate Tribunal on July 9, 2025, rejected developer Joy Homecreation Limited’s claim that allottees consented to project delays for “Joys Adinath Tower-II.” The Tribunal found no documentary proof of such consent and ordered the promoter to pay interest immediately for delayed possession, overriding a previous MahaRERA order.
MHADA Announces Lottery for 5,285 Flats and 77 Plots
MHADA’s Konkan Board has announced a major housing lottery offering 5,285 flats and 77 plots across Thane, Vasai, Badlapur, and Sindhudurg. The online application process begins on 14 July 2025, with the computerized draw scheduled for 3 September 2025. Applicants are advised to use only the official MHADA portal and avoid any unauthorized agents.