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Mumbai Real Estate

475 posts
NAREDCO

NAREDCO Maharashtra Signs Historic MoU with 41 CP Associations for HOMETHON 2025

NAREDCO Maharashtra has signed a historic MoU with 41 CP associations ahead of HOMETHON 2025. With 35,000 channel partners, 1,000+ projects, and a ₹25,000+ crore sales target, the event will feature an International Pavilion bringing global real estate to Indian buyers.
The Bihar RERA has fined a developer ₹1 lakh for displaying "Coming Soon" posters and online ads for an unregistered project, holding that even minimal promotions violate Section 3 of the RERA Act and defeat buyer protection goals.

MahaRERA Orders Refunds & Interest for Homebuyers, Possession with Delay Penalty in “Town Centre” Project

In a major order, MahaRERA has directed refunds with interest for some buyers and possession with delay penalty for another in the stalled “Town Centre” project by Fannan Builders. The ruling highlights how RERA empowers homebuyers while penalising defaulting builders.
Sanjay Mishra

Sanjay Mishra Buys ₹5.28 Cr Sea View Apartment: What It Means for Mumbai Homebuyers

Actor Sanjay Mishra has purchased a ₹5.28 crore sea-view apartment at Raheja Exotica, Versova Island. With celebrity neighbours like Pankaj Tripathi and Jubin Nautiyal, and property prices rising nearly 80% in 2 years, this project is fast becoming Mumbai’s hottest luxury enclave.

Raheja Universal Reacquires Raheja Centre Point, Kalina for ₹211 Crore

Raheja Universal has reacquired its commercial property Raheja Centre Point at Kalina, Santacruz (East), for ₹211 crore, according to a sale deed accessed by SquareFeatIndia. The document shows the deal with HDFC Bank was registered on 9 September 2025, with ₹12.66 crore stamp duty paid.
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

Wadhawans Under Fire: ED’s Twin Strike Attaches ₹186 Cr in DHFL Fraud, Files New Charges in PMC Bank Scam

In a major two-pronged assault on financial crime, the ED has attached 154 flats and other assets valued at ₹185.84 crore linked to DHFL’s Kapil and Dheeraj Wadhawan. Simultaneously, a new chargesheet has been filed in the HDIL-PMC Bank scam, exposing a conspiracy to launder funds through fraudulent land acquisition in Sindhudurg.