Browsing Tag

Mumbai Real Estate

305 posts
MahaRERA

Fate of 1,819 Real Estate Projects in MMR in Limbo Amid OC Verification Drive by MahaRERA

In the aftermath of a fake documents case in Kalyan-Dombivali, MahaRERA has initiated an Occupancy Certificate (OC) verification drive for 3,699 lapsed housing projects across Maharashtra. The Mumbai Metropolitan Region is the most affected, with 1,819 projects now under review. Planning Authorities have 10 days to confirm the authenticity of submitted OCs or face full liability for any future discrepancies.
Akshay Kumar

Akshay Kumar Sells Mumbai Office Space for ₹8 Crore, Registers 65% Property Appreciation

Bollywood superstar Akshay Kumar has sold his office space in Mumbai’s One Lodha Place for ₹8 crore. The deal, registered in April 2025, reflects a 65% increase from the original purchase price in 2020, highlighting the rising demand for prime commercial real estate in Lower Parel.

Homebuyers Have a Right to Peaceful Protest and Freedom of Speech: Supreme Court

In a significant judgment dated April 17, 2025, the Supreme Court ruled in favor of homebuyers who peacefully protested against a developer for unmet promises. The Court upheld their right to freedom of speech and quashed a defamation case, calling it a misuse of the legal process. This ruling strengthens the voice of consumers in real estate disputes.
Green buildings

Green Building Boom: India’s Real Estate Moves Towards a Greener Skyline

India’s green real estate is booming, with 66% of Grade A office space now certified green. According to a new report by Colliers and CREDAI, this shift is driven by rising occupier demand, ESG goals, and rental premiums—marking a crucial move towards a carbon-neutral future.

Redevelopment vs Waqf: How Bhendi Bazaar Faced a Setback

The ambitious Bhendi Bazaar redevelopment project by the Bohra community hit a roadblock in 2019 when third parties claimed the land was Waqf property. In a recent meeting with PM Modi, the issue was highlighted, leading to discussion around the new Waqf Act amendment aimed at preventing such disruptions.