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The Latest
After 15 years of delay, MHADA has started PAAA agreements for the ₹893 crore PMGP Colony redevelopment in Jogeshwari, marking a major step toward transforming 942 homes into modern 450 sq ft units.

High Court “Disturbed” by MHADA’s Legal Lapses; Directs CEO to Overhaul Law Department

The Bombay High Court reprimands MHADA for “disturbing” administrative delays and orders the CEO to overhaul the Law Department to prevent wasteful expenditure of public funds.
  • February 7, 2026
kolte patil

Bombay High Court Quashes ₹1.96 Crore Stamp Duty Demand on Kolte Patil Rules Authorities Acted Without Jurisdiction

The Bombay High Court has quashed a ₹1.96 crore stamp duty demand against Kolte Patil Developers, ruling that authorities acted without jurisdiction and beyond statutory limitation.
  • February 7, 2026
RBI

How RBI’s Unchanged Repo Rate at 5.25% Keeps Home Loan EMIs Steady: A Boost for Homebuyers’ Financial Planning

RBI’s steady repo rate at 5.25% ensures home loan EMIs remain unchanged, delivering EMI predictability to homebuyers and supporting real estate momentum in a positive economic environment, according to key industry voices.
  • February 6, 2026
Oberoi Realty has signed a development agreement for MHADA-owned land in Versova’s Aram Nagar, with an estimated free sale potential of 17.18 lakh sq ft under DCPR 2034, subject to approvals.

Oberoi Realty Wins Highest Bid of ₹5,400 Crore for 11-Acre Railway Land in Mumbai’s Bandra East

Oberoi Realty has won the bid for an 11-acre prime railway plot in Bandra East at ₹5,400 crore NPV, offering massive development scope with 19.50 lakh sq ft FSI over a 99-year lease from RLDA. Upfront payment ₹495 crore, balance via 45% revenue share.
  • February 6, 2026
Real estate stocks opened on a cautious note as Indian markets showed early signs of consolidation. While select developers like DLF and Phoenix Mills saw buying interest, others such as Godrej Properties and Lodha Developers remained under pressure, pointing to a volatile and range-bound trading session ahead.

🏗️ Realty Stocks Stay Resilient as Markets Open; RBI’s Steady Repo Rate Lends Support to the Sector

Real estate stocks opened steady and held ground after the RBI kept the repo rate unchanged at 5.25%, reinforcing stability for homebuyers and developers alike.
  • February 6, 2026