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In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.

Homebuyer Wins Relief: Developer Ordered to Fix Structural Issues in Flat

A Mumbai homebuyer, Palvinder Singh, has secured a partial victory against developer Mohan Lifespaces LLP, with MahaRERA ordering the rectification of structural defects in his flat. While a refund request was denied due to the timely issuance of the Occupancy Certificate and delayed possession by the buyer, the Authority mandated the developer to fix issues like wall cracks and tile problems within 30 days, upholding Section 14(3) of the RERA Act.
  • July 2, 2025

Aatish Kapadia: Man Responsible for Khichdi & Sarabhai Shows Buys a Home for ₹15.31 Crore

Aatish Kapadia, the creative mind behind beloved shows like Khichdi and Sarabhai vs Sarabhai, has purchased a ₹15.31 crore apartment in Goregaon, Mumbai. Known for redefining Indian sitcoms, Kapadia continues to make his mark both on screen and in Mumbai’s luxury real estate market.
  • July 2, 2025
In a key ruling, MahaRERA held that even when an Agreement for Sale is silent on the possession date, the builder must hand over the flat within a reasonable period of three years from the agreement date — failing which, interest is payable for the delay period. The order in the Mauli Omkar project case awarded interest from March 2019 to April 2023 to complainant Sabirali Tufhel Shaikh.

Developer Faces Property Attachment for Ignoring MahaRERA Payment Order

In a major win for homebuyers, the Mumbai Collector has issued a notice to attach and auction the properties of Desai Residency Pvt. Ltd. for ignoring a MahaRERA compensation order. Under Section 267 of the Maharashtra Land Revenue Code, authorities can seize movable and immovable assets to recover over ₹42 lakh in dues.
  • July 2, 2025
pune-real-estate

Pune’s Industrial Real Estate Soars 2.5x, Poised to Double Again by 2030

Pune has emerged as India’s top-performing industrial real estate market, with demand tripling in five years. JLL projects the city’s warehousing and industrial space to exceed 140 million sq. ft. by 2030, powered by manufacturing, foreign investment, and a growing preference for Grade A facilities.
  • July 1, 2025
India’s top 8 metros doubled their built-up footprint to 4,308 sq. km. in 30 years. Pune recorded the highest growth at 332%, while Delhi NCR added the most land—400 sq. km.—making it the largest metro footprint in the country.

Mumbai Property Registrations Reach All-Time High in First Half of 2025

Mumbai’s property market achieved an all-time high in the first half of 2025, recording 75,672 property registrations and INR 6,699 crore in revenue. This growth, detailed with insights from ANAROCK’s Anuj Puri, highlights a resilient market with increasing sales of high-ticket homes despite a slight dip in overall transaction volume for June.
  • July 1, 2025