India’s Housing Loan Market Expands to ₹33.53 Lakh Crore, Registers 14% YoY Growth

India’s housing sector continues its upward trajectory, with the National Housing Bank (NHB) reporting that outstanding individual housing loans surged to ₹33.53 lakh crore as of September 30, 2024—a 14% YoY increase. The report highlights the evolving homebuyer preferences, regional credit disparities, and the impact of government schemes like PMAY and UIDF. With urbanization and digitization reshaping the real estate landscape, the sector remains poised for sustained growth in the coming years.

MahaRERA Restores Case Against Developer Over Delayed Possession in Mumbai

MahaRERA has reinstated a non-compliance case against Kavya Mira Realty for failing to hand over possession of a property as per its 2021 order. The February 12, 2025, ruling directs the case to the Adjudicating Officer, ensuring the developer fulfills its obligations. The decision underscores MahaRERA’s commitment to protecting homebuyers from project delays and non-compliance issues.

Akshay Kumar Sells Mumbai Apartment for Rs. 4.35 Crore, Earns 84% Profit Over Seven Years

Bollywood star Akshay Kumar has sold his apartment in Oberoi Sky City, Borivali East, for Rs. 4.35 crore. The 1,073 sq. ft. unit, purchased in 2017 for Rs. 2.37 crore, saw an 84% appreciation in value. This marks his second recent sale in the same building, following a Rs. 4.25 crore transaction in January 2025.

25,000 Homes to be Completed by 2027 Along Dwarka Expressway

The Dwarka Expressway is rapidly transforming into a premier real estate hub, with 25,000 housing units set for completion by 2027. Enhanced connectivity, high-end residential projects, and rising property values are attracting homebuyers and investors alike. With the launch of luxury apartments, branded residences, and world-class amenities, the expressway is redefining Gurugram’s real estate landscape.

MahaRERA Issues Notice for Objections on Deregistration of Eight Real Estate Projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a notice inviting objections regarding the deregistration of eight real estate projects across the state. The projects, promoted by developers including Avishkar Developers, Anshul Bhosale Realty, and VSK Builders, are spread across Pune, Thane, Ratnagiri, Aurangabad, Kolhapur, Osmanabad, and Ulhasnagar. Homebuyers affected by these developments have been given 30 days to raise objections. The deregistration could impact property investments, and buyers are urged to verify their project status and respond accordingly.