Wrong Bank Account Archives - Square Feat India

In a major win for homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed CCI Projects to pay delay interest at SBI MCLR + 2% to two allottees in the Rivali Park Winter Green project, setting aside the MahaRERA order that had rejected their compensation claim. The Tribunal ruled that unilateral extensions of possession dates by the promoter are invalid and that buyers do not waive their rights by continuing payments.

Realty

MahaRERA Shock: Buyer Pays ₹1.38 Cr for 3 Flats, Loses All Over Wrong Account

In a shocking MahaRERA ruling, a buyer who paid the full ₹1.38 crore for three 2BHK flats in Kurla’s Ramkrishna Heights project lost the case completely. Reason? The money was paid to a different company, not the RERA-registered promoter.

SquareFeatIndia
March 27, 2026
4 minute read

After more than two decades, the Maharashtra government has revised the carpet area of staff quarters for its officers and employees. The new norms significantly increase the size of government housing across all pay levels, reflecting changing lifestyle needs and modern construction standards.

Realty

Grade A Office Boom Hits Record, Mid-Tier Spaces Struggle for Demand

India’s office market is splitting in two—record demand and rising rents for Grade A…

SquareFeatIndia
May 19, 2026

Realty

Housing Societies Can Claim Tax Relief on Interest Only from These Banks

Housing Societies Can Claim Tax Relief on Interest Only from These Banks – Mumbai ITAT…

SquareFeatIndia
May 18, 2026

India’s warehousing absorption rebounded sharply by 64% in Q3 2025, with Mumbai contributing nearly half of the national demand and Kolkata recording its highest-ever quarterly leasing, according to Vestian.

Realty

13 Key Clusters to Drive 80% of India Warehousing Demand

A Colliers India report reveals that 13 high-activity clusters—including Bhiwandi and…

SquareFeatIndia
May 17, 2026

In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op society need not pay ₹11.38 crore tax on a 2015 redevelopment agreement that never materialised. The Tribunal held that notional stamp duty value does not constitute real income for the society.

Realty

Society Told to Pay ₹11.38 Crore as Income from Redevelopment

In a major relief to housing societies, ITAT Mumbai has ruled that a Goregaon co-op…

SquareFeatIndia
May 16, 2026