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Real Estate

460 posts
MahaRERA has cleared more than 5,000 homebuyer complaints in just 10 months, a move that brings long-awaited relief to families struggling with delayed homes and broken promises. With faster hearings and tighter checks on new projects, the regulator is aiming to protect buyers and prevent future disputes.

MahaRERA Directs Developer to Allocate Car Parking to Homebuyers, Warns of Penalty for Non-Compliance

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the developer of Suyog Nisarg Phase III to allocate promised car parking spaces to three homebuyers within 30 days. The ruling, delivered after the developer’s absence from the hearing, warns of penalties for non-compliance and highlights ongoing registration and compliance issues with the project.
Truliv, India’s most capital-efficient co-living startup, secures strategic investment from BCCL at ₹356.50 Cr valuation to expand into new cities and alternate hospitality asset classes like holiday homes and retirement living.

Institutional Real Estate Investments Surge to USD 1.3 Billion in Q1 2025, Marking 31% YoY Growth

Institutional real estate investments in India surged by 31% YoY to USD 1.3 billion in Q1 2025, driven by strong domestic inflows and significant growth in office, residential, and industrial segments. Mumbai led city-wise investments with an 841% increase.
In a key ruling, MahaRERA held that even when an Agreement for Sale is silent on the possession date, the builder must hand over the flat within a reasonable period of three years from the agreement date — failing which, interest is payable for the delay period. The order in the Mauli Omkar project case awarded interest from March 2019 to April 2023 to complainant Sabirali Tufhel Shaikh.

MahaRERA Appellate Tribunal Orders Developer to Refund Buyers, Rejects Cancellation Fee

The MahaRERA Appellate Tribunal has directed a developer to refund the outstanding payment with interest, rejecting cancellation charges. This verdict highlights the commitment to safeguarding homebuyers’ rights under the RERA Act.

Adani Group’s Mah-Hill Properties Acquires Prime Malabar Hill Land for ₹170 Crore

Mah-Hill Properties Pvt Ltd, a subsidiary of the Adani Group, has expanded its portfolio with the acquisition of a prime land parcel in the prestigious Malabar Hill area of South Mumbai for ₹170 crore, according to property registration documents. The transaction involved the transfer of ownership of over 48,000 sq ft of land from Behram Nowrosji Gamadia, which also includes a 257 sq m structure. Records indicate that this property boasts a rich history, with ownership rooted in the pre-independence era and passed down through the Gamadia family.
India’s Ultra Luxury Home Market Soars: 49 Homes Above ₹ 100 Crore Sold for ₹ 7,500 Crore in Three Years

49 Homes Above ₹ 100 Crore Sold for ₹ 7,500 Crore in Three Years

India’s ultra-luxury home market is booming, with 49 properties priced above ₹100 crore sold for a staggering ₹7,500 crore in just three years. Mumbai takes the lead with 69% of the deals, while apartments now dominate over bungalows in this elite segment.