Old Building Demolished, But Tenancy Lives On

In a nuanced judgment, the Bombay High Court held that demolition of a dilapidated building does not terminate a protected tenancy under Maharashtra law — the right survives over the land — yet restored eviction in favour of a retired landlord who proved genuine personal need and long-term non-use by the tenant, overturning the lower appellate court’s dismissal.

Godrej Properties Bets Big on Thane: ₹7,500 Cr Mega Housing Project Announced

Godrej Properties has announced a massive ₹7,500 crore residential development in Thane, signaling strong confidence in the suburb’s growth driven by infrastructure upgrades and rising housing demand.

Indian Realty Stocks Open Firm as Markets Signal Positive Start; Key Developers Show Mixed Trend

Indian real estate shares began the session on a steady note as markets hinted at a gap-up opening. The Nifty Realty index edged higher, with selective buying seen in stocks like Oberoi Realty, while others such as Godrej Properties remained under pressure, signaling a stock-specific trading day ahead.

No Tax on Temporary Flat: ITAT Rules Developer’s Alternate Accommodation Isn’t a Taxable “Transfer” of Property

ITAT Mumbai delivers big relief: Temporary flat given by developer during land redevelopment isn’t a taxable “transfer” — no capital gains apply when it’s purely interim with no ownership rights passed, quashing Rs 13.56 lakh addition.

Homebuyer Paid to Director of Real Estate Firm, Director Died, Surviving Directors Claimed Ignorance — MahaRERA Steps In to Deliver Justice

In a significant win for homebuyers, MahaRERA and the Appellate Tribunal upheld a 2005 booking despite the handling director’s death and promoters’ denial of knowledge, directing execution of agreement for an equivalent flat or refund with interest — a reminder of RERA’s buyer protections even in legacy cases.