Indian Economy & Residential Real Estate – The Narrative in Charts, by Anarock Property Consultants in Q3 of 2021.
Also Read: BSE Realty Index – A Historic Growth Story
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Auction Done, Towers Rising: Court Rejects Builder’s Bid to Bypass ₹125 Crore Deposit
In a blow to the original developer, the Bombay High Court has dismissed Sunshine Builders’ petition, mandating a ₹125 crore deposit to appeal the DRT’s refusal to allow late amendments challenging a 2019 SARFAESI auction. With construction advanced and third-party rights crystallised under Lodha Developers, the court prioritised statutory pre-deposit rules and equities over the builder’s claims.
RBI Rate Cut Brings Good News for Homebuyers: Lower EMIs
In a major relief for homebuyers, the RBI has reduced the repo rate by 25 basis points to 6%, marking its second consecutive cut. Industry leaders say this move will improve housing affordability, boost buyer sentiment, and encourage new project launches—especially in affordable and mid-income segments.
