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ED Raids in Mumbai Uncover ₹59 Crore Assets in Probe Into Alleged Fraud at Lodha Developers

The Enforcement Directorate has seized assets worth ₹59 crore in raids across Mumbai as part of its money laundering probe against Rajendra Narpatmal Lodha. Investigators allege unauthorised property sales, fabricated MoUs and fund siphoning that caused major losses to Lodha Developers Ltd.

HC Imposes ₹1 Lakh Fine for Misleading Claim About Knowing Property Was Auctioned

The Bombay High Court has dismissed two writ petitions filed by Nashik-based borrowers after finding that they made “deliberately false statements” about their knowledge of a 2009 property auction. Calling it a misuse of judicial time, the court imposed ₹1 lakh costs and upheld the refusal to condone a 12-year delay.

India’s Retail Leasing Soars 65% YoY in Q3 2025, Hits 3.2 Million Sq Ft

India’s retail real estate market posted a sharp 65% YoY surge in gross leasing in Q3 2025, led by Delhi NCR and Hyderabad. With 8.9 million sq ft already leased in the first nine months, the sector has surpassed 2024’s full-year totals and is on track for a record-breaking 2025.

In A First: Homebuyer Gets Cash Back That She Paid To Developer

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.

CREDAI-MCHI Pushes Unified Reform Agenda, Speeds Up Approval Processes

CREDAI-MCHI’s 43rd AGM outlined a unified reform roadmap under President Sukhraj Nahar, strengthening coordination with government bodies, launching Ease of Doing Business 2.0, and institutionalising review mechanisms to fast-track approvals and improve transparency across Mumbai’s real estate ecosystem.