MahaRERA Dismisses Broker’s Complaint for Brokerage Payment, Cites Lack of Legal Provision

MahaRERA has dismissed a real estate agent’s complaint against a builder over unpaid brokerage for a project, stating there is no provision under RERA to adjudicate such claims. The authority clarified that agents should rely on formal agreements for commission disputes.

Bollywood Actors Deepika Padukone and Ranveer Singh Rent Apartment in Mumbai for Rs 7 Lakh per Month

Bollywood stars Deepika Padukone and Ranveer Singh have leased a luxury apartment in Mumbai’s Beau Monde Towers for Rs. 7 lakh per month. The 3,245 sq. ft. apartment includes three parking spaces and a tiered rent structure. This rental adds to Deepika’s growing real estate portfolio, which already includes properties in Bandra and Alibaug.

Spacewood Furnishers Sets ₹1,500 Crore Revenue Target by 2029 with Nationwide Expansion Plans

Spacewood Furnishers has set a target of ₹1,500 crore in revenue by 2029 with plans to expand its presence across metro, Tier 2, and Tier 3 cities. The company is transitioning to a B2C model, growing its dealer network, and increasing the number of Exclusive Brand Outlets, aiming to redefine the modular furniture market in India.

BFSI and Flex Spaces Drive Office Space Demand in Q3 2024

The office space market in India saw a significant shift in Q3 2024, with BFSI and Flex Spaces driving a 20% increase in demand. Bengaluru and Hyderabad led absorption, while cities like Mumbai and Chennai experienced declines.

India’s Senior Living Market Set to Surge 300% by 2030, Reaching USD 7.7 Billion

India’s senior living sector is poised for explosive growth, projected to expand by over 300% by 2030 to USD 7.7 billion. With the country’s elderly population expected to more than double by 2050, the demand for senior housing solutions is set to surge, creating vast opportunities for developers and investors.