Legal

Don't Let These 8 Red Flags Turn Your Dream Into a Disaster

Mumbai’s redevelopment wave is booming, but experts warn of rising legal and financial risks for homeowners. From developer defaults to rent delays, here’s what every society must plan for.

The Karnataka government has waived the OC requirement for houses on plots larger than 1,200 sq ft in Bengaluru. Power and civic services can now be granted without an Occupancy Certificate, subject to verification.

The CBI raided 12 sites across Kolkata, Bengaluru and Mumbai after the Supreme Court directed it to probe alleged fraud tied to subvention home‑loan schemes, naming multiple developers and finance officials.

GST cuts on construction inputs may benefit affordable housing in peripheral areas first, as developers pass on savings. Experts expect visible impact in 3–6 months, especially where land costs are lower.

MahaRERA has rejected a developer’s plea to partially deregister a project citing financial nonviability, affirming that a registered real estate project must remain under full regulatory binding. Correction applications permitted under strict timelines.

In a move to curb fraudulent property registrations, Maharashtra will integrate the state’s registration portal with the MahaRERA platform for real-time project verification.

BMC planned 64 slum redevelopment projects across Mumbai but only 29 are progressing, with 35 projects facing legal complications or complete lack of builder interest.

Central government panel recommends stricter benami property enforcement with Aadhaar integration, digital tracking, and expanded asset confiscation powers to combat property fraud.

PropEquity sues CRE Matrix for ₹8 crore in Delhi High Court over alleged data theft in May 2025 housing report, with next hearing scheduled September 19.

Haryana RERA orders Agrante Realty to pay 11.1% annual interest to Kavyam project homebuyers in Gurgaon for possession delays beyond February 2024 deadline.

MahaRERA has issued recovery warrants worth ₹90 crore against Honest Shelters Pvt Ltd for the troubled Palais Royale project in Worli, following IIFL Finance Ltd's complaints about non-compliance with possession handover orders.

YEIDA serves formal notice to Suraksha Realty over massive delays in 17,000+ Jaypee Wish Town housing units. Homebuyers demand transparency as developer gets 7-day response deadline. Latest updates on construction progress and regulatory action.

Mumbai's 86 stalled SRA projects receive major relief as Guardian Minister Ashish Shelar grants residents the nod to appoint new developers, while the state recovers ₹735 crore in outstanding dues.

Navigate India's complex rental landscape with confidence. This comprehensive guide covers tenant and landlord rights, rental agreements, security deposits, and eviction laws to ensure a hassle-free rental experience for both parties.