MahaRERA Dismisses Broker’s Complaint for Brokerage Payment, Cites Lack of Legal Provision

MahaRERA has dismissed a real estate agent’s complaint against a builder over unpaid brokerage for a project, stating there is no provision under RERA to adjudicate such claims. The authority clarified that agents should rely on formal agreements for commission disputes.

Microsoft Buys 2nd Land Parcel for Rs 453 Crore in Pune

Microsoft has strengthened its presence in India by acquiring a 66,450 square meter land parcel in Pune’s Hinjewadi area for Rs. 453 crore. This marks Microsoft’s second major land purchase in Pune within the past month. The investment supports the company’s strategy to expand its commercial real estate and data center operations in India. Microsoft’s recent acquisitions align with its broader goal of increasing its footprint in the Indian market, following similar deals in Pimpri-Chinchwad and Hyderabad. Additionally, Microsoft’s ADVANTA(I)GE INDIA initiative aims to train 2 million people in AI and digital skills by 2025.

Housing Prices Rise Across Top Indian Cities, Reports CREDAI-Colliers-Liases Foras

The residential real estate market in India’s top eight cities has continued…

Pan India Residential Market Sees Stable Growth Amid Mixed Trends in Q1 FY 25

In the first quarter of fiscal year 2025, the Pan India residential…

Pune Real Estate Market Sees 50% Surge in Registered Transactions; Average Home Sales Value Hits Record

Pune’s real estate market has witnessed a dramatic upswing, with registered transactions…