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Investor Turned Flat Purchase Qualifies as ‘Allottee’ – Builder Ordered to Refund ₹20 Lakh + Interest

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.

Why a Mumbai Builder Didn’t Have to Pay Tax on ₹55 Crore in Loans

Mumbai ITAT has dismissed a ₹55.5 crore tax addition on Supreme Lake View Bungalows Pvt. Ltd., confirming that properly documented and carried-forward loans cannot be taxed under Section 68.

Palwal in Haryana Races Ahead of Mumbai and Delhi in New Home Loan Growth

Palwal in Haryana has emerged as one of India’s fastest-growing home loan markets, outpacing Mumbai and Delhi in new loan volumes. The trend highlights a decisive shift in housing demand towards affordable Tier-2 and Tier-3 cities, reshaping India’s housing finance landscape.

2026’s First Multi-Billion Deal: Tusshar & Jitendra Kapoor Sell Mumbai Property for ₹559.25 Crore

Mumbai’s first multi-billion-rupee real estate deal of 2026 sees a Chandivali office asset sell for ₹559.25 crore. The sellers — firms owned by Tusshar and Jitendra Kapoor — had earlier closed a ₹855 crore land sale within Balaji IT Park in 2025, signalling strong institutional demand for commercial assets.

🏗️ Realty Stocks Open Steady as Markets Kick Off; Investors Await Triggers for Direction

Realty stocks opened flat to mildly positive today, with large developers showing resilience and mid-caps trading mixed. Investors are watching for key intraday cues that could shape the sector’s movement through the day.