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MHADA Targets 13,012 Homes in FY27, ₹17,430 Cr Budget Approved for Affordable Housing Push

MHADA has approved a ₹17,430 crore budget for FY27 and plans to build 13,012 homes across Maharashtra, significantly boosting affordable housing supply in key cities like Mumbai and Pune.

MahaRERA Rejects Joint Complaints by Homebuyers Seeking Individual Reliefs

MahaRERA has partly allowed a complaint by 11 flat buyers in the Gaurav Samruddhi project but rejected most individual reliefs, citing the procedural bar on joint complaints for personal grievances and directing buyers to file separate complaints or approach through their registered society for collective issues. The Authority ordered the developer to obtain the Occupation Certificate within 30 days.

BMC to Launch AI-Driven Approval System to Speed Up Real Estate Projects in Mumbai

Mumbai’s BMC will introduce an AI-driven platform to speed up real estate approvals, improve transparency, and enhance ease of doing business for developers and investors.

India Real Estate Sees $4.3 Bn PE Investment Surge in FY26, Deal Activity Hits 7-Year High

India’s real estate sector recorded USD 4.3 billion in PE investments across 60 deals in FY26, marking a 7-year high, with office assets leading and domestic capital hitting a multi-year peak.

Reliance to Receive ₹647 Crores from MMRDA in the BKC Convention Centre Case

In a landmark ruling, the Bombay High Court has directed MMRDA to return nearly ₹647 crore to Reliance Industries, holding that demands for delay penalty on the BKC Convention & Exhibition Centre project were arbitrary and illegal. The court cited the composite nature of the project, court stay, statutory delays and discriminatory policy on construction timelines.