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MahaRERA orders new developer to hand over flat and pay interest despite claiming it never received payment, holding both builders jointly liable in Mumbai Evergreen Woods case.

Double Booking Costs Builder Dear: MahaRERA Orders Refund to Homebuyer in Sunteck Project

MahaRERA has ordered a builder to refund a homebuyer’s money after ruling that the flat was double-booked and no valid allotment or agreement existed.
  • January 4, 2026
India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

Payment Default by Homebuyers: MahaRERA Upholds Builder’s Right to Cancel Allotments

MahaRERA has ruled that homebuyers who repeatedly default on payments risk losing their flats, upholding a builder’s right to cancel allotments under Section 11(5) of the RERA Act.
  • January 4, 2026
Members of the Alkem Laboratories founder family have acquired a ₹62.81-crore ultra-luxury penthouse in Bandra’s Perry Road, reinforcing the area’s status as Mumbai’s premier luxury residential micro-market.

Alkem Laboratories Founder Family Buys ₹62.81-Crore Ultra-Luxury Penthouse in Bandra

Members of the Alkem Laboratories founder family have acquired a ₹62.81-crore ultra-luxury penthouse in Bandra’s Perry Road, reinforcing the area’s status as Mumbai’s premier luxury residential micro-market.
  • January 3, 2026
Housing price growth across India’s top eight cities slowed sharply to 6% in 2025, reflecting market consolidation after a strong 2024, with Bengaluru and Hyderabad showing relatively stronger momentum, according to PropTiger.

Mumbai Real Estate Clocks 14-Year High: Property Registrations Cross 1.5 Lakh Mark in 2025

Mumbai’s real estate market delivered its strongest performance in over 14 years…
  • January 3, 2026
The Maharashtra government has cleared a ₹20,000-crore Mumbai Police Housing Township Project to construct up to 45,000 service homes, addressing severe housing shortages faced by Mumbai Police personnel.

Can Mumbai Police Finally Own Their Homes? Maharashtra Sets Up High-Level Panel to Study Ownership Rights in Police Colonies

Maharashtra government forms high-level committee to study whether Mumbai police housing colonies can be converted into ownership homes for police officers and staff.
  • January 3, 2026