Square Feat India

A Mumbai court has rejected a police closure report and ordered proceedings against Anchor Group (Shah Group Partners) promoters in an alleged real estate fraud case involving forgery, illegal flat sales, and fund misappropriation.

Realty

Court Rejects Closure Report, Orders Action in Mumbai Flat Fraud Case

In a major setback for Anchor Group (Shah Group Partners), a Judicial…

August 18, 2025

Mumbai’s August 2025 property registrations fell to 11,230 and stamp duty to ₹1,000 crore, down 11% and 19% month-on-month. The dip signals a demand pause ahead of the festive season, with pricing and offers set to decide the next leg.

Realty

Mumbai Among World’s Top Prime Housing Markets, Ranks 6th Globally

Mumbai has emerged as one of the world’s hottest luxury housing markets, ranking 6th globally in Knight Frank’s latest Prime Global Cities Index Q2 2025. With 8.7% annual growth in prime property prices, the city is riding on infrastructure upgrades and strong wealth-driven demand, placing India firmly on the global luxury real estate map alongside Bengaluru and Delhi.

August 18, 2025

In a landmark order, the Supreme Court directed a CBI inquiry into DLF's premium Gurugram project 'The Primus,' citing a glaring mismatch between promised luxury amenities and on-ground realities, while slamming authorities for failing to protect homebuyers who invested life savings.

Realty

Third-Party Rights Must Be Considered When Appeals Are Revived After Long Delays: SC

The Supreme Court has set aside a Bombay High Court order that restored a 14-year-old dismissed appeal, ruling that courts must weigh third-party rights before condoning such extraordinary delays, particularly in real estate disputes.

August 18, 2025

Based on the provided news article, here is an excerpt that captures the essence of the ruling: "In a significant legal victory for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaRERA Tribunal) has delivered a detailed order affirming the retroactive power of the Real Estate (Regulation and Development) Act, 2016 (RERA Act). The ruling came in the appeals of two allottees from an incomplete project in Malad, solidifying the protection RERA offers to consumers even for agreements made before the law was enacted.

Realty

In a landmark decision: MahaRERA Tribunal Upholds RERA Act’s Retroactive Power

Based on the provided news article, here is an excerpt that captures the essence of the ruling: “In a significant legal victory for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaRERA Tribunal) has delivered a detailed order affirming the retroactive power of the Real Estate (Regulation and Development) Act, 2016 (RERA Act). The ruling came in the appeals of two allottees from an incomplete project in Malad, solidifying the protection RERA offers to consumers even for agreements made before the law was enacted.