[recent_post_slider design="design-1" limit="5" show_category_name="false" show_author="false"]

HC Slams Insurer for Denying Dead Man’s Home Loan Cover

In a landmark ruling, the Bombay High Court has ordered Tata AIG to pay ₹27 lakh to a widow whose husband died of a sudden cardiac arrest. The case exposed how banks act as insurance agents and how insurers try to deny loan-linked claims. Justice Sandeep V. Marne’s verdict protects homebuyers from losing both loved ones and their homes.

Mumbai Redevelopment to Unlock 44,000+ Homes Worth ₹1.3 Trillion by 2030

Mumbai’s housing landscape is set for a major transformation with over 44,000 homes worth ₹1.3 trillion expected through society redevelopment by 2030. Suburban corridors lead with 96% of deals, while the state government eyes over ₹20,800 crore in revenue.

Delay Excused: Developer’s Appeal Against MahaRERA to Proceed

In a significant ruling for homebuyers, the Maharashtra Real Estate Appellate Tribunal (MahaREAT) has allowed a developer’s delayed appeal to proceed. The developer, Runwal Developers Pvt. Ltd., successfully argued that a long delay in challenging a MahaRERA order was due to their “bonafide” pursuit of a review application. While the court recognized the delay , it concluded there was no negligence or intentional prolonging of the matter. The appeal was allowed on the condition that the developer pays a cost of ₹10,000 to the homebuyers.

Mumbai Homebuyers Shift Gears: Premium Homes & 2BHKs Lead as Affordable Demand Fades

Mumbai’s housing market is seeing a clear tilt towards premium living, reveals ANAROCK’s Homebuyer Sentiment Survey (H1 2025). While demand for affordable homes in the city’s peripheries is weakening, a growing share of buyers prefer 2BHK units in the ₹90 lakh–₹1.5 Cr price bracket. The survey highlights that 81% of MMR homebuyers are concerned about rising prices, which have jumped across key micro-markets, from ₹24,950 per sq. ft. in Central Suburbs to ₹44,000 per sq. ft. in South Central Mumbai. New launches have moderated by 24% year-on-year, but trust in branded developers and the promise of timely delivery is driving demand. For Mumbai homebuyers, the choice is now clear: better location, better quality, and better value — even if it costs more.

GST on Homes: Affordable at 1%, Luxury at 5%, Ready Flats Exempt

Affordable homes attract just 1% GST, under-construction projects 5%, while ready-to-move-in flats are exempt. With cement GST cut to 18%, construction costs may ease, but buyer benefits depend on developers.