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.

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.

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 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.

Pune Doubles IT Exports in 5 Years, Now India’s 3rd Software Powerhouse

Pune is fast transforming into India’s third-largest software export hub with IT exports doubling to ₹1.05 lakh crore in five years. Backed by 360+ Global Capability Centres, a robust manufacturing base, and rapid population growth, the city’s dual-engine economy is driving office demand, housing boom, and infrastructure expansion—making Pune one of India’s most balanced growth stories.