Exclusive

Publication

Byline

Location

Can real estate developers deduct money if a homebuyer cancels a flat booking within two days due to home loan concerns?

India, June 10 -- The Maharashtra Real Estate Regulatory Authority (MahaRERA) has upheld a developer's right to deduct cancellation charges from a homebuyer's booking amount, even when the buyer cance... Read More


Security deposit row: Mumbai tenant alleges Rs.1 lakh refund withheld by landlord over flat repainting

India, June 10 -- A tenant has sparked a debate over rental practices in Mumbai after alleging on Reddit that his landlord was withholding a security deposit of more than Rs.1 lakh unless the 1BHK apa... Read More


Oberoi Realty forms SPV, pays first tranche of Rs.247 crore for leasing 11 acres of land in Mumbai's Bandra

India, June 10 -- Mumbai-based, listed real estate developer Oberoi Realty has paid Rs.247 crore as the first tranche for leasing 11 acres of prime land parcel in Mumbai's Bandra for 99 years from the... Read More


Godrej Properties clocks Rs.2,000 crore-plus home sales in Bengaluru project

India, June 9 -- Mumbai-based, listed real estate developer, Godrej Properties Ltd (GPL) said it has sold homes worth over Rs.2,000 crore in its project, Godrej Vanantara, located off Bannerghatta Roa... Read More


Mumbai real estate: Agami Realty launches Rs.600 crore Bandra luxury project endorsed by Sunil Gavaskar

India, June 9 -- Mumbai-based Agami Realty has launched a luxury housing project in Bandra's Kala Nagar, near the Bandra-Kurla Complex (BKC), with former cricketer Sunil Gavaskar as its brand ambassad... Read More


Infra firm turned homebuyer takes developer to MahaRERA

India, June 9 -- In a departure from individual homebuyers dragging builders to court over delays, an infrastructure company-turned-homebuyer has moved the Maharashtra Real Estate Regulatory Authority... Read More


Mumbai real estate: Ajit Agarkar sells apartment in Bandra West for Rs.4 crore

India, June 9 -- Former Indian cricketer and BCCI chief selector Ajit Agarkar has sold an apartment in Mumbai's Bandra West for Rs.4 crore, according to property registration documents accessed by Squ... Read More


Chinese man's 'ghost' flat on the 34th floor offers a lesson for Indian homebuyers

India, June 9 -- A Chinese homebuyer who believed he had purchased an apartment on the 34th floor of a newly built residential tower was stunned to learn, years later, that the building had only 32 st... Read More


Think you made a 'cool' Rs.80 lakh profit on your apartment sale? These hidden costs can shrink your gains

India, June 9 -- A homebuyer purchased an under-construction flat in Noida for Rs.1 crore in 2020 and sold it for Rs.1.8 crore five years later. At first glance, it appears to be an Rs.80 lakh gain. A... Read More


DLF eyes Phase 2 launch of Mumbai project, to add over 8 lakh sq ft this fiscal

India, June 8 -- Real estate major DLF plans to launch the second phase of its maiden Mumbai project The Westpark in FY27. The phase will comprise around 8 lakh sq ft, followed by an additional 5-6 la... Read More