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Mumbai Solidifies Position as India’s Largest Residential Market in 2025; Office Leasing Hits Second-Highest Level in a Decade

Mumbai strengthened its position as India’s largest residential market in 2025, while office leasing touched 9.8 million sq ft—the second-highest level in over a decade—driven by GCC expansion, firm pricing, and disciplined supply, according to Knight Frank.

India’s REITs Make Up Just 19% of Listed Real Estate, Far Below Global Average: Vestian

India’s REIT market remains under-penetrated, accounting for just 19% of listed real estate value compared to a global average of 57%. Vestian Research says this gap signals strong long-term growth potential as India’s REIT ecosystem expands beyond offices into retail, logistics, and data centres.

MahaRERA Rejects Builder’s Plea to Sell Flat Before Refunding Buyer

MahaRERA has ruled that builders cannot make refunds conditional upon resale of flats. In the Viva Vishnupuram case, the Authority ordered a full refund with interest after finding a decade-long delay in handing over possession, reinforcing the unconditional rights of homebuyers under Section 18 of RERA.

Expired Leases, Encroachments and Redevelopment: Bombay High Court Limits Rehabilitation Rights in Bandra Government Colony Case

The Bombay High Court has ruled that occupants of government land whose leases expired decades ago cannot demand alternate commercial premises of equivalent size after demolition for public projects, limiting rehabilitation strictly to Slum Rehabilitation Authority norms.

Builder of Godrej 24 Project Directed by MahaRERA to Permanently Repair Seepage Defects

MahaRERA has ordered the promoter of the Godrej 24 project in Hinjawadi to permanently rectify seepage defects under Section 14(3) of RERA, reinforcing that builders remain responsible for structural defects even after possession and that temporary repairs do not fulfil statutory obligations.