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Hema Malini Sells Two Flats in Mumbai’s Oberoi Springs for ₹12.5 Cr

Bollywood actress and MP Hema Malini sold two Oberoi Springs flats in Andheri West, Mumbai, for ₹12.50 crore. The deal sets a clear benchmark for luxury housing prices in the area and underscores Andheri West’s status as a prime property market.

Relief for Flat Buyers: Tribunal Blocks Builder’s Move to Avoid Refunds

In a landmark relief for homebuyers, the Maharashtra Real Estate Appellate Tribunal has stayed a MahaRERA order that overturned refund reliefs, ruling that review powers cannot amend substantive orders. This precedent strengthens homebuyer protections against promoter tactics.

Indian Hospitality Achieves Exceptional Growth: RevPAR Up 12.9% in Q2 2025, Bengaluru Sets New Benchmark

India’s hospitality industry surged in Q2 2025 with RevPAR up 12.9% year-on-year, according to JLL. Bengaluru led the way with 29.4% growth, while Hyderabad, Chennai, Delhi, and Mumbai showed strong momentum. With 106 new hotel signings totaling 13,398 keys, investor confidence in India’s long-term hospitality growth remains at record highs.

MHADA Konkan Board Lottery 2025 Deadline Extended to September 12; Draw on October 9

The MHADA Konkan Board has extended the application deadline for its 2025 housing lottery to September 12. With over 1.49 lakh applications received for 5,285 flats and 77 plots, the computerised lottery draw will be held on October 9, 2025, at Dr. Kashinath Ghanekar Natyagriha in Thane.

Sonu Sood Sells Mahalaxmi Apartment for ₹8.10 Crore

Actor Sonu Sood has sold his luxury apartment in Lokhandwala Minerva, Mahalaxmi, for ₹8.10 crore, according to IGR Maharashtra records reviewed by Square Yards. The 1,247 sq. ft. property, purchased in 2012 for ₹5.16 crore, reflects a significant rise in South Mumbai’s real estate values.