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A ₹55.55 crore penthouse sale in Goregaon East has stunned the market, setting a record ₹64,822 per sq ft rate and positioning the Western Suburbs as Mumbai’s next luxury hotspot.

₹55 Crore Penthouse in Goregaon? Western Suburbs Witness a Record-Breaking Deal

A ₹55.55 crore penthouse sale in Goregaon East has stunned the market, setting a record ₹64,822 per sq ft rate and positioning the Western Suburbs as Mumbai’s next luxury hotspot.
  • March 26, 2026
In a major relief to homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed Parorch Developers to refund over ₹2.25 crore with interest, holding that an allotment letter is a valid enforceable contract under RERA even in the absence of a registered Agreement for Sale. The Tribunal overturned MahaRERA’s dismissal order in the Trinity Towers, Powai case.

Bought a Flat, Paid in Full, Now Can’t Sell: Kanakia Hollywood Buyer’s Shocking RERA Rejection

A homebuyer paid in full for a flat in Kanakia Hollywood, Versova, took possession in 2019, and now cannot sell it because BEST is refusing NOC. MahaRERA has outright rejected his complaint, leaving him to fight alone. A classic case of “buyer beware” in leasehold projects.
  • March 25, 2026
Nifty Realty faces its second straight session of pressure on June 9 as Brent crude climbs above $96 and geopolitical risk from West Asia keeps markets on edge.

Realty Stocks Open Mixed as Markets Stabilise After Volatile Phase; Select Developers See Early Buying

Real estate stocks opened on a mixed note as Indian markets stabilised after recent volatility. While select developers saw buying interest, the Nifty Realty index remains under pressure, indicating a cautious and range-bound trading session ahead.
  • March 25, 2026
The Maharashtra government has released ₹456.69 crore under PMAY-U 2.0 BLC for the first installment of already approved houses across General, SC and ST categories to speed up construction for beneficiaries.

📰 PMAY Big Boost: ₹29.46 Crore Released for Affordable Housing Projects Across Maharashtra

Maharashtra Government has approved ₹29.46 crore under PMAY (Urban) AHP scheme for SC beneficiaries, boosting affordable housing projects across cities like Pune, Navi Mumbai, and Nagpur.
  • March 25, 2026
Over 5.4 lakh homes scheduled for 2026 face delays as Middle East conflict disrupts supply chains, raising costs and execution risks.

📰 Construction Costs to Rise 3–5% in 2026: Labour Surge, Material Trends to Impact Real Estate Prices

India’s construction costs are set to rise 3–5% in 2026, driven mainly by a sharp increase in labour costs and mixed material price trends, according to JLL’s latest report.
  • March 24, 2026