Browsing Tag

Mumbai Real Estate

474 posts
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.

Homebuyers Win Back Route to MahaRERA, But Tribunal Limits Refund to Principal Only

In the stalled “Ten BKC” project case, the Appellate Tribunal has remanded the matter back to MahaRERA for execution, affirming that homebuyers will recover only their principal investment, not the interest earlier granted. The ruling underscores that IBC prevails over RERA when a developer enters insolvency.
Filmmaker and producer Karan Johar has acquired a premium apartment in Mumbai’s Khar West for ₹8.05 crore, as per property registration documents reviewed by Square Yards.

📰 Dharma Productions Leases Andheri West Office for ₹15 Lakh Monthly Rent

Dharma Productions has leased a 5,500 sq. ft. office in Signature by Lotus, Andheri West, for ₹15 lakh per month. With a four-year lease and 5% annual escalation, the total rent outlay will be ₹7.75 crore—reflecting strong demand for premium commercial spaces in Mumbai.
SRA has initiated land acquisition proceedings for two key Bandra plots previously under HDIL, bringing new hope to stalled slum schemes after the authority removed the HDIL group as developers in January 2025.

Exclusive: Wadhawan Family’s 429-Acre Dahisar Land Parcel Set for E-Auction at ₹1,234.62 Crore

In the shadow of India’s biggest banking fraud, a 429-acre prime Mumbai land parcel tied to the Wadhawan family is up for grabs at a ₹1,234.62 crore reserve price—offering hope for creditors stung by the ₹34,000 crore DHFL debacle.
In a massive win for Mumbai landowners, Bombay HC slams MMRDA: "You can't force TDR—pay cash as law demands!"

Can’t take care of your father? Leave his house

In a powerful judgment, the Bombay High Court ruled that a son who neglected his 86-year-old father must vacate the Parel flat gifted to him. The Court reaffirmed that under the Senior Citizens Act, property transfers to children come with an implied duty of care — neglect it, and you lose it.
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.

Homebuyer Awarded ₹25,000 as Builder Pays Penalty to Continue Legal Fight

In a mixed verdict for homebuyers, the Maharashtra Real Estate Appellate Tribunal has ordered a developer to pay ₹25,000 to a flat owner as a penalty for filing a late appeal. While the homebuyer gets immediate compensation, the developer now gets a second chance to fight an earlier MahaRERA order that mandated interest payments for delayed possession of a flat. The ruling highlights the long and complex legal road homebuyers often face.