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Canara Bank plans to auction Supreme Business Park, a Powai gem with a ₹780 crore reserve price, to reclaim ₹567 crore from Supreme Housing amid financial strain. Explore the 2025 market shift and key auction dates.

Canara Bank to Auction Supreme Business Park at ₹780 Crore Reserve Price: Mumbai’s Real Estate Giant Faces Debt Recovery

Canara Bank plans to auction Supreme Business Park, a Powai gem with a ₹780 crore reserve price, to reclaim ₹567 crore from Supreme Housing amid financial strain. Explore the 2025 market shift and key auction dates.
  • November 3, 2025
Real estate stocks closed flat today, with top developers steady and mid-caps weak. Investors remained cautious and awaited fresh sector triggers for the next leg of movement.

🏗️ Realty Stocks Open the Week on a Positive Note: DLF, Godrej, and Lodha Lead Early Gains as Mid-Caps Stay Muted

Realty stocks kicked off the week higher with DLF, Godrej, and Lodha leading early gains. Mid-caps faltered on profit-taking as investors await official Diwali booking data to gauge whether the rally can extend through the week.
  • November 3, 2025
A firm linked to politician Praful Patel has sold a luxury flat in Worli’s CeeJay Residency for ₹58.3 crore to the Dattani family of Sanathan Textiles, marking one of Mumbai’s priciest real estate deals this year.

🏙️ Praful Patel’s Firm Sells Luxurious CeeJay Residency Flat for ₹58.3 Crore in One of Mumbai’s Biggest Deals of 2025

A firm linked to politician Praful Patel has sold a luxury flat in Worli’s CeeJay Residency for ₹58.3 crore to the Dattani family of Sanathan Textiles, marking one of Mumbai’s priciest real estate deals this year.
  • November 2, 2025
A shop/office in Madhuli (Worli) — the building once occupied by Harshad Mehta — changed hands for ₹5.8 crore (≈1,344 sq.ft), implying a market rate of about ₹43,142/sq.ft and offering a fresh benchmark for prime Worli properties.

This is the rate at which property is sold in the building once occupied by Harshad Mehta

A shop/office in Madhuli (Worli) — the building once occupied by Harshad Mehta — changed hands for ₹5.8 crore (≈1,344 sq.ft), implying a market rate of about ₹43,142/sq.ft and offering a fresh benchmark for prime Worli properties.
  • November 2, 2025
MahaREAT has ruled that homebuyers who file civil suits first for possession and interest cannot later file RERA complaints for identical reliefs, dismissing RERA complaints as non-maintainable due to forum shopping.

MahaREAT Orders Developer to Pay Interest and Upfront Payment Rebate to Homebuyers in Key RERA Ruling

A significant ruling by the Maharashtra Real Estate Appellate Tribunal has mandated a developer to pay both delayed possession interest and a promised upfront payment rebate to homebuyers, in addition to the refund amount. The judgment clarifies that these financial reliefs are a mandatory part of the allottee’s protection under the RERA Act.
  • November 2, 2025