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The Bihar RERA has fined a developer ₹1 lakh for displaying "Coming Soon" posters and online ads for an unregistered project, holding that even minimal promotions violate Section 3 of the RERA Act and defeat buyer protection goals.

Developer’s Accounts Frozen for Failure to Pay Allottees, Tribunal Rejects Plea to Unfreeze

A Mumbai-based real estate developer, Altaa Construction, has had its plea to unfreeze bank accounts rejected by the Maharashtra Real Estate Appellate Tribunal. The accounts were frozen by authorities due to the developer’s continuous failure to comply with orders dating back to 2020, which mandated the payment of Rs. 71 lakh in interest to allottees. The Tribunal cited a “dilatory strategy with malafide intentions” on the part of the developer, noting the allottees’ five-year struggle to recover their dues.
  • June 19, 2025
Godrej bought RK Studios

MahaRERA Orders Refund Paid for Seven Flats in Godrej RKS Project

MahaRERA has directed Godrej Properties to refund ₹6.21 crore to six homebuyers who cancelled bookings in the Godrej RKS project, built on the iconic Raj Kapoor Studios site in Chembur. The authority upheld the developer’s right to terminate bookings due to buyer defaults and ruled out refund claims under Section 18 of RERA.
  • June 19, 2025
MHADA

MHADA Floats Tender for Redevelopment of Jogeshwari’s PMGP Colony; Residents to Receive 450 Sq. Ft. Homes

MHADA has initiated the tender process for the long-pending redevelopment of PMGP Colony in Jogeshwari (East), Mumbai. Nearly 1,000 families living in 180 sq. ft. units will soon be rehabilitated into modern 450 sq. ft. homes. After delays with a private developer, MHADA will now execute the project through an EPC contractor over the next three and a half years.
  • June 18, 2025
Wagle Estate is emerging as MMR’s next big commercial hub

Wagle Estate: Mumbai Metropolitan Region’s Next Commercial Hub

Wagle Estate, once an industrial zone, is transforming into the Mumbai Metropolitan Region’s next commercial powerhouse. With seamless connectivity via Metro Lines, expressways, and upcoming bullet train corridors, this Thane hotspot now boasts luxurious residential options, high rental yields, and rapid infrastructure growth—making it a prime location for investors and businesses alike.
  • June 18, 2025
MahaRERA Order

MahaRERA Orders Refund, Possession in Lapsed Bhayandar Project; Promoter Absent from Proceedings

In a major ruling, MahaRERA has ordered refunds and possession for homebuyers in the lapsed V.M. Heights project in Bhayandar, citing serious non-compliance by the promoter who remained absent throughout the hearings. The Authority directed immediate refund with interest and execution of sale agreements, reinforcing its pro-buyer stance.
  • June 18, 2025