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real estate news
216 posts
Investor Turned Flat Purchase Qualifies as ‘Allottee’ – Builder Ordered to Refund ₹20 Lakh + Interest
In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.
Once You Buy and Register Land, It’s Yours Forever: High Court Slams Attempt to Cancel Deal Years Later
In a landmark decision, the Bombay High Court has affirmed that once you buy land, get it registered, and take possession after due permissions, no authority can revoke the deal years later over unrelated old agreements – a huge boost for property buyers in Maharashtra.
Flex Office Stock to Cross 100 Million Sq Ft by 2027; Penetration to Exceed 10%
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.
Omaxe Clears ₹700+ Crore Debt to Samman Capital Ahead of Time
Omaxe Group has fully repaid over ₹700 crore to Samman Capital ahead of schedule, showcasing strong cash flow management and a sharper balance sheet. The early repayment marks a key milestone in the developer’s ongoing efforts to deleverage and strengthen financial resilience across its portfolio.