Oberoi Realty Reports ₹1,073.98 Cr Revenue in Q1 FY26

Oberoi Realty reports ₹421 crore profit in Q1 FY26 on ₹1,073.98 crore revenue. Luxury housing demand, Elysian launch, and national awards underline its market leadership and growth momentum.

“Justice Over Technicalities”: Tribunal Condones Delay, Admits Ruparel Ariana Buyers’ Appeal

In a major relief for Ruparel Ariana homebuyers, the Maharashtra Real Estate Appellate Tribunal condoned a 394-day delay in filing their appeal, emphasizing that “substantial justice must prevail over technical considerations.” The Tribunal admitted the plea on condition that the buyers pay ₹25,000 to the developer, citing their good faith in pursuing earlier remedies without mala fide intent.

Redevelopment May Cost You Your Flat! MahaRERA Dismisses Buyer’s Claim in Tagore Nagar Project

In a critical ruling, MahaRERA has dismissed a homebuyer’s claim to flats promised by an earlier builder in Mumbai’s Tagore Nagar redevelopment. The case underlines the risks buyers face in projects where developer control has changed. Experts urge caution and legal checks before investing in such ventures.

BMC Registers FIR Against 27 Residents for Unauthorised Construction in Flats

In a strict enforcement move, the BMC has filed an FIR against 27 residents of Mangesh Co-operative Housing Society in Kurla East for unauthorised structural changes in their flats. Despite multiple notices issued since 2020, no action was taken by the residents, prompting BMC officials to register the case under Section 53(7) of the MRTP Act.

MHADA Opens Doors for Forgotten Tenants: Transit Camp Residents

MHADA has opened the online application process for displaced tenants and their legal heirs living in transit camps across Mumbai. These families, who vacated unsafe or non-redevelopable buildings years ago, can now apply for permanent tenements before the May 20, 2025 deadline.