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Mumbai Real Estate

515 posts
The Enforcement Directorate has attached assets worth ₹80.03 crore after finding that over 2,600 homebuyers were cheated of ₹1,100 crore by Ramprastha Promoters & Developers in delayed Gurugram housing projects.

FIR Against Real Estate Developer and Son for Cheating Worth Several Crores in Mumbai

A major FIR has been filed against Ranbir Real Estate & Developers LLP and its associates, accused of defrauding investors of over ₹31 crore by promising high returns and illegal flat sales. Retired pharmacist Mahesh Doshi and possibly 17–18 others were allegedly misled — Mumbai Police has taken up investigation.
MahaRERA rules builder's one-sided termination — issued 4 years after homebuyers' complaint — cannot cancel statutory delay interest rights under RERA while project incomplete, granting interest from Jan 2022 till possession with OC in Ruparel Skygreens I case.

RERA Can’t Guarantee Delivery: MahaRERA Orders Justice After 5-Year Delay

A MahaRERA order highlights that RERA registration does not ensure timely possession. After a five-year legal fight, a homebuyer secured a refund with interest as the authority found the developer guilty of defaulting even after signing the agreement post-RERA implementation.
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 Come Before Banks: MahaRERA Pulls Bank For Ignoring Homebuyers While Lending Money to Builder

In a landmark ruling in the Ashish Sea View case, MahaRERA has declared that homebuyer rights take precedence over banks’ SARFAESI claims. The authority criticised lenders for failing to verify third-party rights and directed them to conduct thorough due diligence before granting project loans. The order significantly strengthens protections for Maharashtra homebuyers.
HRX Digitech LLP, led by Hrithik and Rakesh Roshan, has acquired four commercial units worth ₹10.90 crore in Andheri West. All properties are located in Yura Business Park Phase 2 and were registered in November 2025.

Hrithik Roshan and Rakesh Roshan’s HRX Digitech LLP Buy Four Commercial Units Worth ₹10.90 Crore in Andheri West

HRX Digitech LLP, led by Hrithik and Rakesh Roshan, has acquired four commercial units worth ₹10.90 crore in Andheri West. All properties are located in Yura Business Park Phase 2 and were registered in November 2025.
India’s real estate investment surged 37% in Q1 2026 to $1.7 billion, led by core assets and rising domestic investor dominance, according to JLL.

Mumbai’s November Registrations Rise — But Flat Revenue Signals Cooling Market Under the Surface

Mumbai’s November 2025 bounce in registrations hides a worrying truth: revenue barely increased. The split data shows growth in mid-range and small units, developer concessions and geographic concentration — signs of a shallow, fragile market rather than a robust upcycle.