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real estate india

33 posts
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.
MahaREAT has ruled that homebuyers who file civil suits first for possession and interest cannot later file RERA complaints for identical reliefs, dismissing RERA complaints as non-maintainable due to forum shopping.

Individual Agreement Possession Dates Prevail Over Extended RERA Project Timelines for Calculating Delay Interest

A December 2025 MahaRERA order rules that possession dates in individual Agreements for Sale prevail over extended project timelines on the portal, entitling buyers to delay interest under Section 18—even rejecting builders’ COVID-19 extension claims for contracts signed post-pandemic.
Embassy TechVillage

Embassy Group Repays ₹1,748 Crore Debt, Strengthens Financial Position

Embassy Group has repaid ₹1,748 crore of debt using proceeds from the WeWork India IPO, reducing share pledge and strengthening its balance sheet. Chairman Jitendra Virwani emphasizes the milestone in the Group’s financial strategy.