Builder Couldn’t Pay ₹2,000 Cost, MahaRERA Orders ₹25 Lakh+ Refund to Homebuyer

In a telling case, MahaRERA ordered SSK Realtors to refund over ₹25 lakh plus interest after the builder failed to pay even ₹2,000 cost imposed for setting aside an ex-parte order. The homebuyer had booked two flats in the delayed “Tulsi Darshan” project in 2015; the project remains incomplete even in 2026.

Realty Stocks Open Cautious Despite Market Recovery; Sector Shows Mixed Trends in Early Trade

Real estate stocks opened cautiously even as Indian markets rebounded in early trade. While select developers like DLF and Phoenix Mills showed resilience, broader sector sentiment remains weak, pointing to a volatile and stock-specific trading session ahead.

Bombay HC: Safe Homes Trump Builder Profits — Society Wins 13-Year Redevelopment Battle

“In a verdict that will resonate across Maharashtra, the Bombay High Court has held that the lives and safety of housing society members cannot be held hostage to a developer’s commercial interests. After 13 years of complete inaction, the Court refused to block redevelopment, declaring: the right to safe homes must prevail over builder profits.”

Builder Fails in Redevelopment, Homebuyers Lose Flats — and Society Walks Free, Says Tribunal

Eight Mumbai families paid crores for flats in a redevelopment gone wrong. The builder failed, the society moved on — and the Tribunal said the society owes them nothing.

Sanjay Gandhi National Park: Maharashtra Govt Sets Up Grievance Committee for Encroachment Rehabilitation Disputes

Maharashtra government has set up a Grievance Redressal Committee to handle disputes over eligibility in the rehabilitation of encroachers in Sanjay Gandhi National Park. The panel will act as the final authority, with strict timelines of 30 days for appeals and 90 days for decisions.