Browsing Tag

real estate india

30 posts
MHADA unveils the Motilal Nagar redevelopment master plan, offering 1,600 sq ft RERA carpet homes to residents currently living in 260 sq ft tenements—marking a historic shift in Mumbai’s redevelopment standards.

Could We Have Avoided the Friday Motilal Nagar Incident? A Governance Failure Beyond One Clash

By Varun Singh The recent controversy involving IAS officer Sanjeev Jaiswal at…
RBI

RBI Keeps Repo Rate at 5.25%, Ensures Stable EMIs for Homebuyers

RBI has kept the repo rate unchanged at 5.25%, ensuring stable EMIs and boosting affordability for homebuyers amid global economic uncertainties.
Birla estates

Birla Estates Sells 97% Units at Gurugram Project, Clocks ₹1,600 Cr in a Month

Birla Estates has sold 97% units at Birla Arika Phase 2 in Gurugram within a month, clocking ₹1,600 crore in bookings and highlighting strong demand for luxury housing in NCR.
Madhuri Dixit has leased a commercial unit in Mumbai’s Lower Parel for ₹2.81 crore over 5 years, highlighting strong demand for premium office spaces in the city.

Madhuri Dixit Leases Commercial Space in Mumbai’s Lower Parel for ₹2.81 Crore Over 5 Years

Madhuri Dixit has leased a commercial unit in Mumbai’s Lower Parel for ₹2.81 crore over 5 years, highlighting strong demand for premium office spaces in the city.
In a major boost for homebuyers, the Supreme Court has ruled that merely leasing or renting out a purchased residential flat does not disqualify buyers from filing consumer complaints against builders for delays or unfair practices. The verdict in Vinit Bahri vs MGF Developers restores a dismissed case and clarifies that builders must prove "commercial purpose" to exclude consumer status.

Supreme Court Shocker: Landowners Off the Hook for Builder Delays – Homebuyers Must Chase Developers Alone in JDA Deals!

The Supreme Court has ruled that in JDA projects, landowners aren’t jointly liable for construction delays—developers bear sole responsibility for handover and compensation. After a twisted review process involving a remand, the verdict offers huge relief to landowners and housing societies, clarifying buyers’ recourse lies with builders.