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Homebuyers

63 posts
MahaRERA

Developers Updating Project Details on MahaRERA Website Increases from 0.02% in Jan 2023 to 62% Now

Developers updating project details on MahaRERA have surged from 0.02% in January 2023 to 62% now, thanks to strict enforcement and compliance measures. This initiative has improved transparency and reduced complaints from homebuyers, ensuring better accountability in Maharashtra’s real estate sector.
Unsold stock of homes

RBI Cuts Repo Rate by 25bps: A Boon for Homebuyers and the Real Estate Sector

The RBI’s decision to cut the repo rate by 25 bps to 6.25% is a significant boost for the real estate sector. Experts believe this move, coupled with recent tax benefits, will make home loans more affordable, encourage homebuyers, and drive market growth. Industry leaders highlight the positive impact on liquidity, affordability, and overall demand in both residential and commercial real estate.
RBI

RBI Cuts Repo Rate by 25bps: Lower Home Loan Interest for Homebuyers

The RBI’s 25 bps repo rate cut to 6.25% is a major boost for homebuyers, reducing EMIs and making housing more affordable. Developers also benefit from lower financing costs, driving project completion and market growth. Experts see this as a key step toward strengthening the real estate sector in 2025.
MahaRERA Order

Mumbai Developers Face 3 Months Imprisonment in Landmark RERA Case

The Maharashtra Real Estate Appellate Tribunal has ordered the arrest and three-month imprisonment of Neptune Developers’ judgment debtors for failing to comply with attachment warrants and notices under RERA provisions. This landmark ruling highlights stricter enforcement to protect homebuyers and ensure developer accountability.
MahaRERA

MahaRERA Cracks Down on 11,000 Lapsed Housing Projects

MahaRERA has issued show cause notices to nearly 11,000 lapsed housing projects across Maharashtra, urging developers to submit Occupancy Certificates or seek deadline extensions within 30 days. Non-compliance could result in project suspension, restricted flat sales, and frozen bank accounts.