Browsing Tag

Mumbai Property News

23 posts

Explore the latest updates and insights on Mumbai’s property market. From emerging trends and new developments to housing prices and investment opportunities, our Mumbai Property News tag keeps you informed about everything happening in the city’s real estate sector.

The Bombay High Court has set aside the registration of a developer-backed co-operative housing society in a Baramati project, ruling that authorities acted illegally by bypassing a pending purchaser-led application under MOFA and creating a fait accompli.

Long Stay Doesn’t Mean Ownership: Bombay Court Orders Eviction of Servant from Madh Island Bungalow

In a key ruling, the Bombay City Civil Court has held that a servant’s long stay in a property does not create ownership rights, ordering eviction from a Madh Island bungalow and rejecting claims of adverse possession based on permissive occupation.
Bollywood producer and Hrithik Roshan’s sister, Sunaina Rakesh Roshan, has purchased two commercial units worth ₹6.42 crore in Andheri East, Mumbai. Registered in November 2025, the transactions add to the Roshan family’s total commercial investment of nearly ₹26 crore in the same building.

Hrithik Roshan’s Sister Sunaina Buys Two Commercial Units Worth ₹6.42 Crore in Andheri East; Roshan Family’s Total Investment Reaches ₹26 Crore

Bollywood producer and Hrithik Roshan’s sister, Sunaina Rakesh Roshan, has purchased two commercial units worth ₹6.42 crore in Andheri East, Mumbai. Registered in November 2025, the transactions add to the Roshan family’s total commercial investment of nearly ₹26 crore in the same building.
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.

Homeowners Alert! Builders Legally Bound to Fix Major Defects Within 5 Years – RERA Section 14(3) Explained

Under RERA Section 14(3), builders must repair major defects within five years of possession or compensate buyers. A landmark shift in homebuyer protection.
MahaRERA has ruled that a booking application form does not by itself create a binding sale contract and directed Mahindra Happinest Developers to refund ₹1.50 lakh to a homebuyer, holding that forfeiture was illegal as the booking was never completed.

MahaRERA While Dismissing Homebuyer’s Complaint: “We Cannot Guess the Possession Date”

A homebuyer’s MahaRERA complaint in the Bhakti Meadows project was dismissed after the Authority found that the Agreement for Sale lacked the possession date, making delay assessment impossible.
CREDAI-MCHI unveiled Ease of Doing Business 2.0, a revamped framework aimed at streamlining construction approvals, enabling time-bound decisions, and improving transparency across regulatory bodies.

CREDAI-MCHI Pushes Unified Reform Agenda, Speeds Up Approval Processes

CREDAI-MCHI’s 43rd AGM outlined a unified reform roadmap under President Sukhraj Nahar, strengthening coordination with government bodies, launching Ease of Doing Business 2.0, and institutionalising review mechanisms to fast-track approvals and improve transparency across Mumbai’s real estate ecosystem.