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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.

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.

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.

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.

Hiring Wave Ahead: Office Space Demand Soars

India’s office market is booming again. With 40% growth in office space leasing in H1 2025, companies are preparing for a mass hiring wave. Bengaluru and Pune lead the race, while Mumbai and NCR also show strong activity. This office boom is set to create lakhs of new jobs across India.