Browsing Tag

pune real estate

60 posts
The Maharashtra Real Estate Appellate Tribunal has ruled that RERA does not allow homebuyers to return a flat and seek refund after taking possession, holding that acceptance of possession closes the exit route under Section 18 of the Act.

📝 Stalled Since 2017, This Real Estate Project Gets MahaRERA Green Light After Legal Knot Unravelled

Stalled since 2017, Pune’s Marvel Basilo project has received MahaRERA’s go-ahead to resume construction and sales after key legal battles were settled. The order brings long-awaited clarity and relief to homebuyers caught in delays for nearly a decade.
The Maharashtra Real Estate Appellate Tribunal (MahaREAT) set aside a MahaRERA order, ruling that a cooperative housing society that terminates a developer and undertakes self-redevelopment is not a 'Promoter' under RERA and is not liable for the former developer's debts or obligations to third-party allottees.

MahaREAT Landmark Ruling: Housing Societies Not Automatically ‘Promoter’ for Erstwhile Developer’s Liabilities

The Maharashtra Real Estate Appellate Tribunal (MahaREAT) set aside a MahaRERA order, ruling that a cooperative housing society that terminates a developer and undertakes self-redevelopment is not a ‘Promoter’ under RERA and is not liable for the former developer’s debts or obligations to third-party allottees.
Embassy Developments Ltd. announces a premium residential project at Embassy Springs, Bengaluru. Spanning 14 acres and 1.55 million sq. ft., the project will feature over 800 luxury apartments with superior finishes, launching by December 2025.

GCCs Push Office Demand Beyond 50 Million Sq. Ft. in 2025; Tech & BFSI Lead Leasing Momentum

India’s office space demand hit 50.9 msf in the first nine months of 2025, up 8% YoY. GCCs, technology firms, and BFSI companies are driving growth, while Pune and Chennai have already outperformed their 2024 leasing levels.
An Awfis–ANAROCK report identifies Managed Office Spaces as India’s fastest-evolving enterprise workspace model, driven by GCC expansion, hybrid work, ESG priorities, and growing demand across Tier I, II and III cities.

Stamp Duty Adjudication Goes Digital: Maharashtra Citizens Can Apply Online

The Maharashtra government has digitized stamp duty adjudication, enabling citizens to apply online and track case status. Homebuyers, who often face confusion about stamp duty amounts, stand to benefit most from this streamlined process.
MHADA

MHADA Pune Lottery 2025: Nearly 2,000 Flats on First-Come-First-Serve Basis

The MHADA Pune Lottery 2025 has gone live with 4,186 homes on offer, including 1,982 flats available on a First-Come-First-Serve basis. Buyers can apply online till October 31, 2025, with the lottery draw scheduled for November 21, 2025. Covering Pune, PCMC, PMRDA, Solapur, Kolhapur, and Sangli, the scheme gives applicants the option to either book directly under FCFS or try their luck through the traditional computerized lottery.