MahaREAT Landmark Ruling: Housing Societies Not Automatically ‘Promoter’ for Erstwhile Developer’s Liabilities

The Maharashtra Real Estate Appellate Tribunal (MahaREAT) set aside a MahaRERA order, ruling that a cooperative housing society that terminates a developer and undertakes self-redevelopment is not a ‘Promoter’ under RERA and is not liable for the former developer’s debts or obligations to third-party allottees.

Amitabh Bachchan Acquires Three Adjoining Land Parcels in Alibaug for ₹6.59 Crore

Bollywood star Amitabh Bachchan has purchased three adjoining land parcels in Alibaug from The House of Abhinandan Lodha (HoABL). The acquisition spans around 8,000 sq ft and was registered for a total of ₹6.59 crore in October 2025.

📰 Hearsay Can’t Make You Pakistani: Bombay HC Quashes Enemy Property Tag

The Bombay High Court (Goa) has ruled that hearsay cannot be treated as proof of Pakistani nationality, striking down the Custodian of Enemy Property’s 2010 order tagging a Margao layout as “enemy property.” The Court held that the government failed to produce documentary proof that the original owner was a Pakistani national during the vesting period, making the declaration legally unsustainable.

SBI Wants 200 2BHKs in Mumbai

The State Bank of India has floated a tender to purchase 200 ready 2BHK flats across Mumbai’s key suburban corridors. With a requirement of 50 flats each along four railway stretches, the move signals strong institutional interest in mid-income housing segments.

India’s Housing Market Sustains Growth in Q3 2025, Premium Homes Take Centre Stage

India’s housing market maintained steady growth in Q3 2025 with 87,603 units sold, led by premium housing demand. Prices rose across all major cities, with NCR topping at 19% YoY. While new launches dipped slightly, sales momentum and inventory health remained stable, signalling a maturing but resilient market.