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MahaRERA has unveiled a first-of-its-kind SOP for compensation recovery, giving homebuyers a time-bound enforcement pathway against defaulting developers, including asset seizure and civil imprisonment provisions.
- 9th Dec 2025
- 1161 Views
Maharashtra Real Estate Appellate Tribunal rules that statutory charges like GST, stamp duty, and TDS paid by homebuyers cannot be recovered from developers in delayed-possession cases, as these payments go directly to government authorities.
- 29th Nov 2025
- 1170 Views
Maharashtra Real Estate Regulatory Authority has launched a new Standard Operating Procedure ensuring homebuyers receive compensation within 60 days, with strict enforcement measures including potential imprisonment for defaulting developers.
- 25th Nov 2025
- 1170 Views
Maharashtra government examines repealing the 1963 MOFA Act as RERA provisions increasingly overlap, sparking debate among developers, housing societies, and homebuyers about regulatory protection and legal clarity.
- 12th Nov 2025
- 1252 Views
The Bombay High Court has ruled that co-operative courts hold complete jurisdiction to resolve disputes between housing society members and developers over redevelopment projects, clarifying the proper legal forum under Maharashtra Co-operative Societies Act, 1960.
- 12th Nov 2025
- 1313 Views
Maharashtra has proposed key amendments to DCPR 2034 regulations, extending fungible FSI benefits and revising calculation methods to make MHADA redevelopment projects across Greater Mumbai more financially viable for developers and beneficial for tenants.
- 6th Nov 2025
- 1372 Views
Kolte-Patil Developers has acquired a 7.5-acre land parcel in Bhugaon, Pune, with plans for a premium residential development valued at ₹1,400 crore, reinforcing its strategic expansion into the city's high-growth suburban corridors.
- 15th Oct 2025
- 1211 Views
CREDAI-MCHI has contributed ₹3.65 crore to Maharashtra's Chief Minister's Relief Fund for flood relief operations, with 44 member developers participating in this humanitarian initiative presented to CM Devendra Fadnavis in Mumbai.
- 14th Oct 2025
- 1205 Views
The Maharashtra Housing and Area Development Authority has announced significant policy reforms aimed at making redevelopment financially viable for developers and housing societies across Mumbai.
- 8th Oct 2025
- 1250 Views
Maharashtra government invites real estate developers to develop 13,000 acres of MSRTC-owned land across prime locations including Mumbai, Pune, Nashik, and Nagpur under a Build-Operate-Transfer model with 98-year leases, aimed at generating revenue and modernizing public transport infrastructure.
- 2nd Oct 2025
- 1242 Views
Seaside leisure developers are increasingly turning to coastal Maharashtra and Gujarat as Goa's premium beach land becomes scarce and expensive, offering competitive alternatives for luxury second-home buyers.
- 1st Oct 2025
- 1232 Views
Maharashtra government partners with Lodha Developers for India's largest green data centre park worth ₹30,000 crore in Palava City, creating 6,000 jobs and 2GW capacity.
- 15th Sep 2025
- 1381 Views
Alibag transforms from weekend retreat to coveted residential extension of South Mumbai, attracting major developers and celebrity investors with enhanced connectivity and affordable luxury pricing.
- 31st Aug 2025
- 1580 Views
The Maharashtra Real Estate Appellate Tribunal has delivered decisive rulings against property developers who attempt to modify possession deadlines without formal written consent from homebuyers, establishing five core legal standards that strengthen buyer protection.
- 25th Aug 2025
- 1381 Views
Maharashtra's real estate regulator has suspended 4,812 housing projects and frozen associated bank accounts since July 2025, marking the largest enforcement action against non-compliant developers in the state's history.
- 20th Aug 2025
- 1636 Views
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