High Court Sides with Lokhandwala Row House Societies, Cancels Magnum Tower’s Land Conveyance

In a key ruling reinforcing finality in MOFA proceedings, the Bombay High Court has cancelled the 2023 deemed conveyance granted to Magnum Tower CHS over a large portion of land in Lokhandwala Complex, holding that the claim was barred by res judicata following a 2017 rejection on similar grounds. The decision protects row house societies’ long-standing possession and exclusive garden rights.

Bollywood Actress Shraddha Kapoor Renews Juhu Apartment Lease for ₹72 Lakh

Shraddha Kapoor has renewed the lease for her upscale Juhu apartment at ₹6 lakh per month, underscoring the continued appeal of Mumbai’s luxury rental market among high-profile residents.

Indian Realty Stocks Open Mixed as Markets Show Cautious Strength

Real estate stocks began Thursday’s session on a cautious note even as benchmark indices traded with a positive bias. While heavyweights like Oberoi Realty and Godrej Properties held steady, several developers remained under pressure, signaling a volatile trading day ahead for the realty sector.

AI Boom or Illusion? Only 5% of Firms See Real Results Despite Massive Adoption in Corporate Real Estate

A new JLL study shows 91% of Indian companies are experimenting with AI in corporate real estate, yet only 5% are achieving real results, exposing a major gap between adoption hype and business outcomes.

Bombay HC: Flat Buyers Win Deemed Conveyance Row

Bombay High Court rules in favour of flat buyers in Ratan Nagar: Full deemed conveyance upheld under MOFA, rejecting builders’ “lease-only” claims. Justice Borkar holds that promoters must transfer entire land ownership — a big boost for homebuyers fighting delayed title transfers.