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Mumbai Real Estate
463 posts
Homebuyers Win Big: Tribunal Nixes Builder Moratorium, Orders Compensation for Delays
In a landmark decision, the Maharashtra Real Estate Appellate Tribunal has ordered developer Sheth Infraworld to compensate homebuyers for significant project delays, specifically disallowing the use of the pandemic-related moratorium as an excuse. This ruling marks a crucial victory for allottees seeking timely possession and fair compensation.
Motilal Nagar Redevelopment to Offer 1,600 Sq. Ft. Apartments to Residents
The Motilal Nagar redevelopment project in Goregaon (West), Mumbai, led by MHADA and the Adani Group, will transform 142 acres into India’s largest rehabilitation initiative. Over 3,700 residents will receive spacious 1,600 sq. ft. modern apartments free of cost, alongside improved infrastructure and a central 5-acre park.
Indian Real Estate Attracts USD 1.4 Bn from Domestic Investors in H1 2025
Indian real estate attracted USD 3.0 billion in institutional investments during H1 2025, marking a 15% YoY decline. Notably, domestic capital surged 53% to account for nearly half of all inflows, reflecting growing confidence in residential and office assets.