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Raheja Universal’s Deemed Rent Dispute on Unsold Flats Sent for Fresh Calculation

In a key ruling, ITAT Mumbai has sent back Raheja Universal Pvt. Ltd.’s deemed rental income dispute on unsold flats for fresh evidence-based assessment, stressing objective valuation under Section 23(5) while upholding major reliefs for the prominent developer on other issues.

Housing Price Growth in Top 8 Cities Slows Sharply to 6% in 2025

Housing price growth across India’s top eight cities slowed sharply to 6% in 2025, reflecting market consolidation after a strong 2024, with Bengaluru and Hyderabad showing relatively stronger momentum, according to PropTiger.

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.

Bombay High Court Halts Development of CIDCO Ulwe Plot, Protects Developers Who Paid ₹3.12 Crore

The Bombay High Court has halted development of a CIDCO-allotted plot in Ulwe, granting protection to developers who paid ₹3.12 crore under earlier agreements.

India’s Higher-Education Boom Signals $100 Billion Academic Real Estate Opportunity

India’s higher-education sector is set for a massive infrastructure expansion, requiring 2.7 billion sq ft across 30,000 acres and nearly USD 100 billion in investment, driven by policy reforms, rising enrolments, and entry of global universities, according to ANAROCK Capital.