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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.

In a major victory for homebuyers, MahaREAT has overturned MahaRERA's order in the Cavansite project case, ruling that the possession date in a registered agreement is sacrosanct and cannot be changed by any authority without mutual consent.

Date of Possession is Sacrosanct: Tribunal Slams MahaRERA for Illegally Altering Agreed Timeline

In a major victory for homebuyers, MahaREAT has overturned MahaRERA’s order in the Cavansite project case, ruling that the possession date in a registered agreement is sacrosanct and cannot be changed by any authority without mutual consent.
In a landmark ruling, MahaREAT has ordered a Kalyan builder to pay interest for delayed formal possession in Unique Al Nashra Heights, exposing contradictions where the developer admitted in writing—no possession handed over—even months after obtaining OC. Homebuyers now have stronger grounds to claim compensation if paperwork lags behind keys.

Builder’s Own Letter Exposes Lie: No Possession Given Even After OC – Tribunal Orders Interest For Delay

In a landmark ruling, MahaREAT has ordered a Kalyan builder to pay interest for delayed formal possession in Unique Al Nashra Heights, exposing contradictions where the developer admitted in writing—no possession handed over—even months after obtaining OC. Homebuyers now have stronger grounds to claim compensation if paperwork lags behind keys.
In a major relief for homebuyers, MREAT has held that allottees can challenge only the unfavourable portions of a RERA order while simultaneously initiating recovery proceedings against the promoter. The Tribunal rejected the builder’s stay plea and imposed costs.

Builder Raided: IT Dept Accuses Buyer of ₹22 Lakh Black Money – ITAT Throws Out Case!

IT Dept raided builder, claimed buyer paid ₹22 lakh hidden cash — but ITAT Mumbai exposes weak case: no direct proof, no fair cross-exam. Full addition scrapped in dramatic win for taxpayer!
Realty stocks open on a weak note June 23 as GIFT Nifty signals a lower start. Crude below $78 is the sector's best friend — if Iran peace talks hold.

Realty Stocks Open Mixed as Indian Markets Begin Trade; Heavyweights Keep Sector Under Pressure

Real estate stocks began today’s trading session on a mixed note as the Nifty Realty index slipped in early trade. While developers such as DLF and Phoenix Mills showed resilience, several heavyweights including Prestige Estates and Brigade Enterprises faced selling pressure.
The Maharashtra government has directed municipal corporations and planning authorities to deploy High Rise Fire Fighting Vehicles (HRFFV) for buildings taller than 70 metres, aiming to strengthen fire safety in rapidly urbanising cities.

Maharashtra Directs Civic Bodies to Deploy High-Rise Fire Fighting Vehicles for Buildings Above 70 Metres

The Maharashtra government has directed municipal corporations and planning authorities to deploy High Rise Fire Fighting Vehicles (HRFFV) for buildings taller than 70 metres, aiming to strengthen fire safety in rapidly urbanising cities.