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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 Appellate Tribunal rules that settlement on possession & payment does not waive homebuyer’s right to RERA delay interest unless explicitly recorded.

Delay in Approvals Not Force Majeure, Builder Told to Pay Interest to Homebuyer

Tribunal holds regulatory delays are not force majeure under RERA; Rare Townships directed to pay interest to homebuyer from 1 January 2019.
Virat Kohli and Anushka Sharma have bought an ₹18.29 crore luxury apartment in Godrej Skyshore, Versova, Mumbai.

Virat Kohli, Anushka Sharma Buy ₹18.29 Crore Luxury Apartment in Mumbai

Virat Kohli and Anushka Sharma have bought an ₹18.29 crore luxury apartment in Godrej Skyshore, Versova, Mumbai.
Parking slots belong to the Society, not individual members. Maharashtra Co-op Appellate Court dismisses appeal, citing Bye-laws 78 and 82, in Santacruz housing society parking dispute.

Shocking Ruling: Builder Cannot Allot Parking to Flat Buyers Once Co-op Society Is Registered

Once a co-op society is registered, the builder cannot create exclusive parking rights. Appellate Court sets aside members’ injunction.
Bombay High Court dismisses developer’s challenge and holds that future additional FSI cannot be used to indefinitely delay deemed conveyance to housing societies.

Big Win for Homebuyers: No More Delaying Conveyance Over Additional FSI

Bombay High Court dismisses developer’s challenge and holds that future additional FSI cannot be used to indefinitely delay deemed conveyance to housing societies.
Bombay HC largely upholds award in favour of Goregaon Pearl society against developer, confirms termination and ₹7.08 cr claim, but directs refund of additional FSI purchase costs.

Bombay HC: Dy Registrar Cannot Cancel Society Membership or Decide Flat Ownership in Title Disputes

Bombay HC: Dy Registrar has no power under Sec 79 to cancel membership or decide ownership when serious title dispute exists over flat.