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real estate news

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Bombay HC largely upholds award in favour of Goregaon Pearl society against developer, confirms termination and ₹7.08 cr claim, but directs refund of additional FSI purchase costs.

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.
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.

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 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.

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.
Sanghvi Realty announces two new projects—Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park—with a combined GDV of ₹220 crore. Both projects await commencement certificates and mark the developer’s expanded presence in prime Mumbai micro-markets.

Sanghvi Realty Expands Mumbai Portfolio With New Andheri & Shivaji Park Projects, GDV at ₹220 Crore

Sanghvi Realty has launched two new residential projects—Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park—with a combined GDV of ₹220 crore. Both projects have been demolished to ground level and await commencement certificates as the developer strengthens its portfolio in Mumbai’s core micro-markets.
Embassy Developments has achieved ₹860 crore in bookings at the launch of Embassy Greenshore in North Bengaluru, selling over 450 units within five days. The project, positioned as an “affordable luxury” offering within Embassy Springs, features larger-format homes, high-privacy planning, and premium amenities.

Embassy Developments Sells 450+ Units Worth ₹860 Crore at Embassy Greenshore Launch in Bengaluru

Embassy Developments has achieved ₹860 crore in bookings at the launch of Embassy Greenshore in North Bengaluru, selling over 450 units within five days. The project, positioned as an “affordable luxury” offering within Embassy Springs, features larger-format homes, high-privacy planning, and premium amenities.