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property news

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India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

12-Year Nightmare Ends: MahaRERA Says Refund Offers Don’t Erase Delay Liability!

India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.
India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

Bigger Homes, Bigger Aspirations: Average Flat Sizes Jump 17% Across India’s Top Cities

India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.
As markets moderate and growth expectations cool, India’s rich continue to bet big on luxury homes, driven by long-term confidence, wealth creation, and the scarcity of prime assets.

India Ranks 6th Globally in Branded Homes Boom!

India is rapidly joining the global elite in luxury living, ranking 6th worldwide for live Branded Residence projects and contributing 4% to global supply, according to the Knight Frank The Residence Report 2025. Fueled by a fast-growing population of ultra-rich individuals, the demand for these homes—which blend international brand prestige with five-star amenities—is set to redefine luxury real estate in metros like Mumbai and emerging markets like Goa.
Filmmaker and producer Karan Johar has acquired a premium apartment in Mumbai’s Khar West for ₹8.05 crore, as per property registration documents reviewed by Square Yards.

📰 Dharma Productions Leases Andheri West Office for ₹15 Lakh Monthly Rent

Dharma Productions has leased a 5,500 sq. ft. office in Signature by Lotus, Andheri West, for ₹15 lakh per month. With a four-year lease and 5% annual escalation, the total rent outlay will be ₹7.75 crore—reflecting strong demand for premium commercial spaces in Mumbai.
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

Homebuyer Awarded ₹25,000 as Builder Pays Penalty to Continue Legal Fight

In a mixed verdict for homebuyers, the Maharashtra Real Estate Appellate Tribunal has ordered a developer to pay ₹25,000 to a flat owner as a penalty for filing a late appeal. While the homebuyer gets immediate compensation, the developer now gets a second chance to fight an earlier MahaRERA order that mandated interest payments for delayed possession of a flat. The ruling highlights the long and complex legal road homebuyers often face.