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The Latest
REIT

REIT Share in India’s Office Market May Nearly Double to 30% by 2030

Colliers India predicts that REIT penetration in the country’s office market could nearly double to 25–30% by 2030 from the current 16%. With 500 million sq. ft. of REIT-worthy Grade A offices and growing interest in retail, warehouses, housing, and data centres, REITs are emerging as a key growth driver for Indian real estate.
  • August 28, 2025
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

Possession Dates Are Not Up For Negotiation

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.
  • August 27, 2025
PVR Inox has secured a 15-year lease for a massive retail space in the new Oberoi Sky City Mall in Borivali, with a monthly rent of ₹91.42 lakh or 20% revenue share, whichever is higher.

PVR Inox Leases Space in Oberoi Sky City Mall, Borivali, for ₹91.42 Lakh Monthly Rent or 20% Revenue Share

PVR Inox has secured a 15-year lease for a massive retail space in the new Oberoi Sky City Mall in Borivali, with a monthly rent of ₹91.42 lakh or 20% revenue share, whichever is higher.
  • August 26, 2025
MHADA

Registration Extended to Sept 8 for MHADA’s E-Auction of 149 Non-Residential Shops

The Mumbai Housing and Area Development Board has extended the registration and application deadline for its e-auction of 149 non-residential shops to September 8, 2025. The e-auction is scheduled for September 10, with results on September 11.
  • August 26, 2025
Bollywood actor Anil Kapoor and his son Harsh Varrdhan have purchased a ₹5 crore apartment in Bandra West’s The Smoky Hill CHS. Registered in August 2025, the unit spans 108.25 sq. m. built-up with a 970.71 sq. ft. carpet area and includes one garage.

Anil Kapoor & Harsh Varrdhan Buy Bandra West Apartment for ₹5 Crore

Bollywood actor Anil Kapoor and his son Harsh Varrdhan have purchased a ₹5 crore apartment in Bandra West’s The Smoky Hill CHS. Registered in August 2025, the unit spans 108.25 sq. m. built-up with a 970.71 sq. ft. carpet area and includes one garage.
  • August 26, 2025