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real estate news

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Urban Challenge Fund approves ₹31,000 crore projects within weeks, signalling faster urban infrastructure growth in India.

Urban Challenge Fund Approves ₹31,000 Crore Projects Within Weeks, Says Housing Ministry

Urban Challenge Fund approves ₹31,000 crore projects within weeks, signalling faster urban infrastructure growth in India.
MahaRERA rejected a review filed after four years, highlighting why delay and weak legal grounds can defeat your case.

Unhappy With a MahaRERA Order? Avoid These Costly Mistakes or Your Review May Be Rejected

MahaRERA rejected a review filed after four years, highlighting why delay and weak legal grounds can defeat your case.
In a sharp rebuke to one-sided builder clauses, the Appellate Tribunal has ordered Omkar group to refund nearly ₹1.15 crore with interest to an NRI allottee in the Omkar Meridia project, holding that making refund conditional on selling the flat to a new buyer is unconscionable and against RERA.

Delayed Possession Claim Fails After Accepting Flat – Key MahaRERA Ruling

In a notable ruling, MahaRERA rejected a homebuyer’s claim for delay interest after they took possession of the flat and filed the complaint 10 months later, citing inbuilt limitation under Section 18.
MahaRERA orders Shree Sanket Developers to execute conveyance deed forthwith and imposes ₹50,000 penalty for violating Sections 11 & 17.

MahaRERA Penalises Developers ₹50,000 for Failing to Execute Conveyance Deed

MahaRERA orders Shree Sanket Developers to execute conveyance deed forthwith and imposes ₹50,000 penalty for violating Sections 11 & 17.
New Maharashtra SOP mandates share-wise land measurement, helping landowners get clearer compensation and reducing acquisition disputes.

Maharashtra Issues Fresh Guidelines on Regularising Multiple Transfers of Ceiling Land

Maharashtra now allows only the latest unauthorised ceiling land transfer to be regularised, easing burden on owners.