Browsing Tag

Homebuyers

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MahaRERA has cleared more than 5,000 homebuyer complaints in just 10 months, a move that brings long-awaited relief to families struggling with delayed homes and broken promises. With faster hearings and tighter checks on new projects, the regulator is aiming to protect buyers and prevent future disputes.

Delayed Homes, Missing Promises: MahaRERA Clears Over 5,000 Complaints in 10 Months

MahaRERA has cleared more than 5,000 homebuyer complaints in just 10 months, a move that brings long-awaited relief to families struggling with delayed homes and broken promises. With faster hearings and tighter checks on new projects, the regulator is aiming to protect buyers and prevent future disputes.
Mumbai’s office stock hit 169 Mn sq. ft. in H1 2025, with over 50% in Grade B assets. SBDs lead the shift, flex space dominates leasing, and vacancy hits a 10-year low, as per Knight Frank’s Billion Sq Ft report.

BJP Constitutes Special Study Group to Tackle OC Certificate Delays in Mumbai Housing Societies

The BJP’s Mumbai unit has formed a four-member study group to tackle the city’s long-standing Occupation Certificate (OC) delays that have left thousands of housing societies in limbo. Guided by former MP Gopal Shetty, the committee will investigate the issue and propose measures to bring relief to affected homebuyers.
GST

Cheaper Cement, Stable GST on Homes: What It Means for Homebuyers

The GST Council has slashed cement tax from 28% to 18%, reducing project costs by up to 4.5%. While GST on properties remains unchanged, the move is expected to support affordability and boost housing supply.
India’s top 10 listed real estate developers are aiming for ₹1.49 lakh crore in bookings in FY2026, with nearly 30% already achieved in Q1. Stronger balance sheets, higher pre-sales, and land buying sprees signal safer options for homebuyers — but also rising consolidation in the sector.

Top Listed Developers Target ₹1.49 Lakh Cr Bookings in FY2026 — What It Means for Homebuyers

India’s top 10 listed real estate developers are aiming for ₹1.49 lakh crore in bookings in FY2026, with nearly 30% already achieved in Q1. Stronger balance sheets, higher pre-sales, and land buying sprees signal safer options for homebuyers — but also rising consolidation in the sector.
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

Possession Dates Are Not Up For Negotiation

In a landmark relief for homebuyers, the Maharashtra Real Estate Appellate Tribunal has stayed a MahaRERA order that overturned refund reliefs, ruling that review powers cannot amend substantive orders. This precedent strengthens homebuyer protections against promoter tactics.