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real estate news India

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In a key February 2026 decision, MahaREAT ruled that homebuyers withdrawing from delayed projects under RERA are entitled to interest from the promoter's receipt of payments—not from later default dates—overturning a MahaRERA order in the Mullaji vs. Onyx Builders case involving stalled projects in Kurla West, Mumbai.

MahaRERA Rules Developer Cannot Forfeit Entire Booking Amount Upon Cancellation

In a major ruling safeguarding homebuyers, MahaRERA has held that developers cannot forfeit the entire booking amount on cancellation. The Authority ordered refund to the buyer after deducting only 1.5% of the unit cost, directing interest from September 13, 2024.
Embassy TechVillage

Embassy Developments to Launch Premium 14-Acre Residential Project at Embassy Springs in Bengaluru

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.
Realty stocks opened cautiously as markets resumed trade after a long break, with large developers providing stability while mid-caps traded mixed. The sector is expected to remain range-bound through the day.

🏠 Why Homebuyers Shouldn’t Worry Even as Foreign Investors Exit Indian Property Market

Foreign investments in Indian real estate have dipped, but domestic investors have stepped up, driving record inflows in Q3 2025. Vestian’s report shows Indian capital is now the backbone of the property market, keeping housing and development momentum strong.
Godrej Properties Acquires 26-Acre Land Parcel Near Sarjapur Road, Bengaluru

Godrej Properties Acquires 26-Acre Land Parcel Near Sarjapur Road, Bengaluru with ₹1,100 Cr Revenue Potential

Godrej Properties has acquired a 26-acre land parcel near Sarjapur Road, Bengaluru, with a revenue potential of ₹1,100 crore, reinforcing its presence in one of the city’s most vibrant residential corridors.
building permission for the last 25% of the free-sale component will be granted only after the entire required amount is deposited with SRA.

🏗 Builders to Pay Corpus First in SRA Projects Before Selling Homes

Maharashtra has tightened rules for SRA projects, requiring developers to deposit the full rehab corpus before selling free-sale flats. The move aims to plug financial gaps, secure slum rehabilitation funds, and speed up redevelopment timelines in Mumbai.