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MahaRERA

MahaRERA Issues Notice for Objections on Deregistration of Eight Real Estate Projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a notice inviting objections regarding the deregistration of eight real estate projects across the state. The projects, promoted by developers including Avishkar Developers, Anshul Bhosale Realty, and VSK Builders, are spread across Pune, Thane, Ratnagiri, Aurangabad, Kolhapur, Osmanabad, and Ulhasnagar. Homebuyers affected by these developments have been given 30 days to raise objections. The deregistration could impact property investments, and buyers are urged to verify their project status and respond accordingly.
  • March 9, 2025
REITs are transforming India’s real estate with rising investor participation, better transparency, and a ₹2 lakh crore market opportunity by 2030.

Sattva Group and Blackstone File Draft Offer Document for India’s Largest REIT IPO

Sattva Group and Blackstone have taken a significant step towards launching India’s largest REIT IPO with Knowledge Realty Trust (KRT). With a high-quality portfolio spanning 48 million sq. ft. across six cities, KRT is set to be India’s most geographically diverse office REIT. The IPO will mark Blackstone’s fifth public listing in India’s real estate sector, highlighting continued confidence in the country’s commercial property market.
  • March 7, 2025
woman in real estate

Women Homebuyers on the Rise: 1.29 Lakh Residential Transactions Recorded in 2024, Growing 14% Annually

India’s real estate sector is witnessing a shift as women take a stronger role in homeownership. A new report by Square Yards reveals a 14% rise in residential transactions by women, reaching 1.29 lakh in 2024, outpacing male buyers. This surge is driven by financial independence, government incentives, and digital advancements, marking a transformative moment in the housing market.
  • March 7, 2025

Tesla Signs India’s Most Expensive Auto Showroom Lease in Mumbai’s BKC for ₹23.38 Crore

Tesla has leased 4,000 sq. ft. of showroom space in Mumbai’s Bandra Kurla Complex at a record ₹881 per sq. ft., making it the most expensive auto showroom lease in India. The five-year agreement, valued at ₹23.38 crore, includes a ₹2.11 crore security deposit and a 5 percent annual rent escalation clause. Tesla’s Mumbai showroom in Maker Maxity marks a significant step in its India expansion strategy.
  • March 7, 2025

Maharashtra Government Allocates Land in Bandra Reclamation for Ajinkya Rahane’s Cricket and Sports Training Center

The Maharashtra government has allocated 2,000 square meters of land in Bandra Reclamation to cricketer Ajinkya Rahane for a Cricket and Sports Training Center. The revised resolution, approved on October 14, 2024, expands the facility’s scope beyond cricket and aligns construction with DCPR 2034 guidelines.
  • March 7, 2025