Browsing Tag

arbitration

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In a landmark ruling on November 25, 2025, the Bombay High Court clarified that the contractual term 'built-up area wall to wall' equates to carpet area, dismissing a developer's challenge to an arbitral award in a Mumbai land development dispute. The decision highlights the need for precise language in real estate agreements to prevent ambiguities over usable space.

From ₹8,000 to ₹9,500: How a Rate Row Between Two Builders Delayed 80 Families for Two Years

“₹8,000 or ₹9,500 per sq.ft.? One builder’s greed over ₹1,500/sq.ft. kept 80 ready Pune flats locked for two years. Today the Bombay High Court said ENOUGH — quashed the stop-work notice and ordered immediate possession. When private fights hurt real home-buyers, the court steps in.”
In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.

MahaRERA Appellate Tribunal Overturns RERA Order, Emphasizes Homebuyer Rights Over Arbitration Agreements

The Maharashtra Real Estate Appellate Tribunal has overturned a RERA order, clarifying that arbitration clauses in prior agreements do not override the jurisdiction of the RERA Act in homebuyer disputes. The tribunal’s decision reinforces the importance of RERA in protecting homebuyers and ensures cases are decided on their merits.