Category: INDIA / WORLD

Bombay HC Orders BMC to Remove Unauthorized Community Hall in Ghatkopar

April 18, 2025

MUMBAI: The Bombay High Court has ordered the Brihanmumbai Municipal Corporation (BMC) to demolish an illegally built community hall in Ghatkopar within one week. The hall was constructed without permission on a plot of land officially reserved for a playground. In its judgment dated April 17, the division bench of Justices A.S. Gadkari and Kamal […]

Bombay HC Orders BMC to Remove Unauthorized Community Hall in Ghatkoparmore

MahaRERA Mandates Prominent Display of Project Registration Details in Housing Ads

April 12, 2025

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced a significant directive requiring all developers to clearly and prominently display their project registration details in housing advertisements. This move comes in response to increasing concerns raised by homebuyers regarding the lack of transparency and incomplete disclosure of project information. According to a circular issued […]

MahaRERA Mandates Prominent Display of Project Registration Details in Housing Adsmore

Siddha Sejal Group Unveils Exclusive Gudi Padwa Offer for Siddha Sky: Luxury Homes with Unmatched Benefits

April 10, 2025

Mumbai, 25th March 2025: On the auspicious occasion of Gudi Padwa, Siddha Sejal Group presents an exclusive, limited-time offer for its prestigious project, Siddha Sky at Sion NX. This special promotion is designed to elevate your lifestyle and make owning a luxurious residence more accessible than ever before.     Homebuyers can enjoy an array […]

Siddha Sejal Group Unveils Exclusive Gudi Padwa Offer for Siddha Sky: Luxury Homes with Unmatched Benefitsmore
Home Loan

Gujarat RERA Stops Bank from Taking Over Allottees’ Properties

April 3, 2025

Ahmedabad: The Gujarat Real Estate Regulatory Authority (GujRERA) has issued a directive preventing a nationalized bank from seizing properties belonging to allottees in a case involving a builder’s loan default. The authority emphasized that homebuyers have legal rights over the properties and instructed the bank to release any properties it had already taken possession of […]

Gujarat RERA Stops Bank from Taking Over Allottees’ Propertiesmore

Odisha RERA Penalizes Builder for Failing to Provide Adequate Parking Space for Homebuyer

March 26, 2025

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has imposed a fine of ₹62 lakh on a city-based developer for failing to provide sufficient car parking space to a homebuyer in a real estate project located in Shankarpur. Officials confirmed that this marks the first instance of ORERA levying a fine specifically for inadequate parking […]

Odisha RERA Penalizes Builder for Failing to Provide Adequate Parking Space for Homebuyermore

NHB Criticizes Home Financiers for Bundling Insurance Policies with Housing Loans

March 25, 2025

The National Housing Bank (NHB) has strongly criticized home financiers for engaging in the mis-selling of insurance policies tied to housing loans. The regulator has instructed housing finance companies (HFCs) to cease bundling insurance products without fully disclosing their terms and conditions to borrowers. In two separate notices dated December 10, 2024, and March 12, […]

NHB Criticizes Home Financiers for Bundling Insurance Policies with Housing Loansmore
rera

Gujarat RERA Recognizes Existing Property Owners as Allottees

March 19, 2025

In a landmark ruling, the Gujarat Real Estate Regulatory Authority (GujRERA) has granted existing society members in redevelopment projects the dual status of allottee and co-promoter, marking a significant expansion of regulatory protection. The decision came in response to a complaint, where GujRERA directed the developer to complete the sale deed registration while affirming the […]

Gujarat RERA Recognizes Existing Property Owners as Allotteesmore

Why is Mumbai’s Commercial Real Estate Peaking in Expense?

Written by Anuj Mehta, Partner, Dhuleva Group Mumbai, the financial capital of India, has been a commercial real estate hotspot for decades. The city continues to be a magnet for businesses, investors, and multinational corporations, despite soaring property prices and rising operating costs. The above significant factors have further driven the continuous demand for commercial properties shaping Mumbai’s […]

Why is Mumbai’s Commercial Real Estate Peaking in Expense?more

Luxury Real Estate Sector in India–The Next Big Trends

March 18, 2025

India’s luxury real estate sector is witnessing an unprecedented surge, setting new benchmarks in both demand and value. With record-breaking sales in 2024, the segment is poised to be one of the key growth drivers in 2025. According to a CBRE report, luxury housing sales jumped significantly from 12,895 units in 2023 to 19,700 units […]

Luxury Real Estate Sector in India–The Next Big Trendsmore
Top 5 Real Estate Property Buying and Selling Websites in India

Why Navi Mumbai Is a Hotspot for NRI Property Buyers in 2025

By Mr. Ramesh D. Patel, Partner at The Platinum Group Navi Mumbai is emerging as one of the hottest off-shore investment destinations for India’s highest-yielding real estate markets, especially for Non-Resident Indian (NRI) investors. With huge-scale infrastructure development, increasing luxury home projects, and the highest returns on investment, the city provides the perfect opportunity for […]

Why Navi Mumbai Is a Hotspot for NRI Property Buyers in 2025more