Japan's NIFCO leases 5.13-acre plot in Maharashtra for manufacturing plantNIFCO India is expanding its manufacturing capabilities with a new 5.13-acre plant in Shendra MIDC, Chhatrapati Sambhaji Nagar. This marks ...
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
ET Alpha Wealth Summit Masterclass | 'When you zoom out, things look very good;" Vikas Khemani on the India story every investor needs to hear nowIndia has built a strong foundation for growth over the past decade, according to Vikas Khemani of Carnelian Asset Management. He highlight...
Real Estate vs equities: Why wealthy investors are increasingly choosing bricks over stocksIndia’s wealthy investors are increasingly allocating capital to premium residential real estate as market volatility prompts a search for ...
Suraj Estate acquires development rights for Mahim land parcel, eyes Rs 800 cr GDVSuraj Estate Developers is set to acquire development rights for a 0.72-acre land parcel in Mahim (West), Mumbai, for Rs 75 crore. This str...
India’s realty equity inflows hit record $30.7 billion between 2024-Q1 2026Between 2024 and early 2026, India’s real estate landscape witnessed an astonishing influx of over $30 billion in equity capital, showcasin...
MahaRERA cracks down on errant builders; issues notices over 8,212 projectsMahaRERA is taking strict action against over 8,000 housing projects. These developers failed to submit mandatory quarterly progress report...
MahaRERA clears 1,060 housing projects ahead of Gudi PadwaMaharashtra's real estate sector received a significant pre-festive boost with MahaRERA approving 1,060 housing projects before Gudi Padwa....
MahaRERA approves 1,060 housing projects; fresh registrations make up nearly halfMahaRERA has approved over 1,060 housing projects across Maharashtra. This includes new registrations and timeline extensions for ongoing d...
Homebuyers win MahaREAT case despite unregistered sale agreement; to get Rs 23 lakh with interest from builders for delay in possessionThe Maharashtra Real Estate Appellate Tribunal ruled that builders cannot use unregistered sale agreements as an excuse for delays. Homebuy...
Delayed possession: Builder ordered to pay Rs 26 lakh interest compensation to homebuyer for 8-year delay in delivering Rs 32 lakh apartmentThe Walavalkar family finally secured justice after an eight-year delay in apartment possession. MahaREAT ordered the builder to pay Rs 26....
MahaRERA says conciliation forums resolved 1,749 or 32% homebuyers’ complaints so farThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has successfully resolved over 1,749 disputes between homebuyers and developers...
MahaRERA to decide on deals done under earlier law, tooIn a matter related to delay in delivery and compensation for the same, a Mumbai-based realty developer had challenged the authority’s juri...
Cidco violates MahaRera rules; advertises housing projects without registrationMumbai Grakah Panchayat has alleged that out of the 11 housing projects advertised in newspapers and marketed on its website, only two loca...
Property portals must be bought under MahaRera: Consumer bodyIn a letter to MahaRera chief Gautam Chatterjee said, "Real estate web portal companies operating in Maharashtra have to be treated as 'rea...
Mumbai buyers may have to wait longer for new homesDelivery timeline for 57% projects revised by over a year after introduction of MahaRERA.