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

SHAKTI KAPOOR SELLS JUHU APARTMENT FOR RS.6.11 CR; SHRADDHA KAPOOR HAD GIFTED 50% SHARE IN 2019

Bollywood star Shakti Kapoor has sold his apartment in the prestigious Silver Beach Heaven Co-operative Society, Juhu, for Rs.6.11 crore. Registered in December 2024, the deal involved a built-up area of 81.84 sq. m (around 881 sq. ft.) and incurred a stamp duty of Rs.36.66 lakh plus registration charges of Rs.30,000. This sale underscores Juhu’s continued appeal as a premium residential market among celebrities

MahaRERA Dismisses Homebuyers’ Refund Plea as They Relinquished Property to Lender

MahaRERA has ruled that homebuyers who relinquish their property to a lender lose their right to claim refunds from the developer. In a case involving the Zeal Regency project, two buyers sought a refund after the project was delayed, but MahaRERA dismissed their plea, citing that they had surrendered ownership to the lender, who later auctioned the flat.

MUMBAI PROPERTY REGISTRATIONS FALL IN FEBRUARY 2025 AMID MARKET SLOWDOWN

In February 2025, Mumbai saw 12,066 property registrations generating ₹935 crore in stamp duty revenue—up slightly from February 2024 but down compared to January and December figures—indicating a nuanced shift in the market with fewer transactions but higher average values.

31% Women Now Buy Homes for Investment, 52% Prefer Premium Properties

Indian women are increasingly investing in real estate, with 31% now purchasing homes for investment, up from 21% in 2022, as per the ANAROCK H2 2024 survey. Over 52% of women prefer properties priced above ₹90 lakh, while real estate has solidified its position as the most preferred investment option for 70% of women. The survey also reveals a growing preference for under-construction homes, highlighting a shift towards long-term capital appreciation.

MahaRERA Clarifies: Possession Without an OC is Not Legally Recognized

MahaRERA has clarified that possession of a property without an Occupancy Certificate (OC) is not legally valid. In a case involving the LEO Group Housing Complex, the regulatory body ruled that homebuyers living in such properties do not hold legal possession. The authority has imposed penalties on the developer and allowed affected buyers to claim compensation for delayed possession.