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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.

The Maharashtra government has cleared a ₹20,000-crore Mumbai Police Housing Township Project to construct up to 45,000 service homes, addressing severe housing shortages faced by Mumbai Police personnel.

Can Mumbai Police Finally Own Their Homes? Maharashtra Sets Up High-Level Panel to Study Ownership Rights in Police Colonies

Maharashtra government forms high-level committee to study whether Mumbai police housing colonies can be converted into ownership homes for police officers and staff.
In a no-holds-barred verdict, Bombay HC tells housing societies: Stop playing judge. You cannot decide who owns the flat or settle inheritance fights. Your only job is collecting dues and maintaining records — stay in your lane or face the consequences.

Big Changes Ahead for Housing Societies? Maharashtra Sets Up High-Level Panel to Rewrite Cooperative Law

Maharashtra has set up a high-level expert committee to overhaul the Cooperative Societies Act and related rules—a move that could significantly impact housing society governance, elections and member rights across the state.
Homebuyers Can Face Jail Too for Disobeying MahaRERA Tribunal Orders?

Do You Know Homebuyers Can Face Jail Too for Disobeying MahaRERA Tribunal Orders?

RERA is not just about punishing builders. Under MahaRERA, even homebuyers can face penalties—and jail—for ignoring Tribunal orders. Here’s what the law actually says.
In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.

MahaRERA Orders Interest for Delay in Gulraj Trinity Project, Allows 15 Homebuyer Complaints

MahaRERA has ordered Reliable Builders & Developers to pay interest for delayed possession to 15 homebuyers in the Gulraj Trinity project, holding that contractual possession dates cannot be overridden by unilateral extensions.
In a powerful pro-homebuyer verdict, the Bombay High Court has held that allottees are “generally very vulnerable” and cannot be placed on equal footing with promoters, clearing the way for withdrawal of deposited refund amounts during developer appeals.

After 38 Years, Bandra Property Dispute Between Brothers and Sister Finds Peace

A 38-year-old sibling rivalry over a heritage home in Bandra West concludes as the Bombay High Court upholds the denial of probate to Maria Coelho’s 1982 Will, citing unresolved suspicious circumstances, in a final judgment that emphasizes the propounder’s duty to dispel doubts in testamentary matters.