RERA

Landmark Group acquires 22-acre land on Dwarka Expressway

Landmark Group has acquired a 22-acre land parcel on Dwarka Expressway for integrated development. The expansion includes a corporate project in Gurugram and mixed-use development valued at Rs 11,000 crores. Landmark One aims to establish a benchmark for office infrastructure with 2.1 million sq ft of leasable area. Rs 330 crores has been raised from SBI for the construction of the first phase.

IBBI tightens real estate insolvency rules to prioritise home delivery

India's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent assessments of construction progress and funding needs are now mandatory for real estate projects. Creditors with at least 66% voting share can recommend excluding projects from insolvency proceedings. Homebuyers will now have representation on monitoring committees to oversee implementation. These measures aim to improve transparency and protect the interests of homebuyers during insolvency.

Supertech homebuyers move SC as 17 stalled projects remain stuck, Rs 30 crore spent

Homebuyers of Supertech Limited have raised significant concerns regarding the lack of progress on stalled housing projects. The Homebuyers’ Association alleges that funding for the projects has been repeatedly declined, despite available proposals. The Association urges the Supreme Court to appoint a One-Man Committee for project completion. They emphasize the financial burden on homebuyers due to growing expenses without any delivered units.

Trehan IRIS to develop a senior living project in Gurugram

Trehan IRIS will introduce a senior living community in Gurugram, complemented by a commercial landmark in Noida. The ambitious IRIS Broadway Greno West project in Greater Noida West has secured an investment of Rs 400 crore. Aimed at a vibrant young population in the area lacking adequate retail and entertainment options, this mall is projected to attract large crowds and foster substantial annual revenue.

ARIS' Unitern gets Transcon mandate for Rs 250 cr project in Mumbai

ArisUnitern RE Solutions will oversee the second phase of a commercial project in Santacruz, Mumbai. This phase includes retail shops and small office spaces, covering approximately 0.56 lakh square feet. The gross development value of the project is estimated at Rs 250 crore, with all necessary approvals in place. Unitern's mandate, lasting 18 months, will involve project execution and material procurement.

Builder missing or bankrupt? What homebuyers can do about the home loan, RERA and the IBC

Saif Ali Khan sells 797 sq ft Bandra West apartment with two parking spaces for Rs 4.11 crore

Saif Ali Khan has sold a 797 sq ft apartment in Bandra West, Mumbai, for Rs 4.11 crore, along with two open parking spaces, according to property registration documents accessed by CRE Matrix. In a separate deal, the actor has leased two commercial units on Andheri Kurla Road to Durva Fintech Private Limited for Rs 22.76 lakh per month. The actor also owns a family home in Satguru Sharan and previously purchased an apartment in Fortune Heights, Bandra.

MahaRERA approves Rs 23,719 crore housing projects ahead of festive season

MahaRERA approved 435 housing projects ahead of the festive season, indicating strong residential market activity. The approvals involve an investment of Rs 23,719 crore and comprise 32,981 apartments across various regions. The approvals included significant numbers of projects in Mumbai Metropolitan Region and Pune, contributing to market momentum. Developers are also seeking extensions for projects delayed beyond completion dates, which reflects their proactive approach.

Mahindra Lifespaces April-September pre-sales rise 66% to Rs 1,988 crore

Mahindra Lifespace Developers reported a 66% increase in residential pre-sales, reaching Rs 1,988 crore in H1 FY27. The company added Rs 7,100 crore in gross development value during the same period, showing strong demand. However, the second quarter saw a decline in profit after tax to Rs 16 crore from Rs 48 crore last year. The revenue from the integrated cities and industrial clusters also fell to Rs 63 crore.

Builder promised 1,395 sq ft flat, parking, compensation in return for property, then issued notice demanding Rs 30 lakh; landowners win over Rs 1.22 crore relief

While the landowners were given physical possession of the flat in May 2018, the developer failed to pay their share of the stamp duty and execute the registered Permanent Alternate Accommodation Agreement. They claimed that the builder also didn’t pay the agreed enhanced compensation of Rs 88 lakh for the increased FSI, as stated in the Supplementary Agreement, among other dues.

Sara Ali Khan, Amrita Singh lease Andheri office in Mumbai to AI firm for 5 years at Rs 3.76 crore; check rent, deposit and other details

Sara Ali Khan and her mother, Amrita Singh, have officially signed a five-year lease for a commercial property in Mumbai. The monthly rent is set at ₹5.85 lakh, with Upsurge Labs LLP slated to move in on October 1, 2026, following a rent-free duration for renovations. The total lease value will amount to ₹3.76 crore.

Homebuyer paid Rs 15 lakh for a Rs 10.41 lakh flat, builder threatened and asked Rs 20 lakh more; he approached Consumer Commission and won refund with interest

Mr Anwar believed that the flat would be delivered after disposal of the litigation. However, after waiting for another 3 years, he came to Patna (from USA) in September 2011 and went to the builder with his sister to inquire about the same. Allegedly, one of the directors of the construction company refused to hand over the flat, demanding another Rs 20 lakh for possession, and threatened them.

Bhumika group to invest another Rs 450 crore for land acquisition in Faridabad

Bhumika Realty plans to invest Rs 450 crore in land acquisition in Faridabad by March 2027, taking its cumulative land investment in the city beyond Rs 1,000 crore. The real estate arm of Bhumika Group has invested Rs 550 crore over the past year and is expanding across residential, plotted and mixed-use developments.

MahaRERA recovers Rs 369 crore in homebuyer compensation, recovery rate at 45%

Of the total amount recovered since the regulator’s establishment in May 2017, approximately Rs 260 crore was recovered up to December 2025, while another Rs 110 crore was recovered in 2026, providing relief to homebuyers awaiting compensation from developers.

Homebuyer paid Rs 23.23 lakh for a flat, refused another Rs 8 lakh until promised construction was complete, her allotment was cancelled; builder ordered to pay 23.83 lakh

Kangra consumer commission has held a builder's cancellation of a Greater Noida flat allotment void and ordered refund of Rs 23,23,712 to the homebuyer. She had asked for proof of construction progress before paying another Rs 8 lakh. Commission said builder showed no evidence that work stages were complete, called its demands premature and awarded 9 percent interest, Rs 50,000 compensation and Rs 10,000 costs.

NBCC sets Rs 9,620 crore plan to revive 16 stalled Supertech projects

NBCC has launched 25 tenders worth Rs 9,620.33 crore to complete 16 stalled housing projects by Supertech. The National Company Law Appellate Tribunal appointed NBCC as the Project Management Consultant for these developments. Progress has been delayed since the appointment, pending necessary legal approvals. Approximately 50,000 housing units are affected, impacting thousands of homebuyers. Construction is slated to begin on January 16, 2027, after addressing outstanding issues.

Maa Acorn unveils Ayana Woods, Bengaluru’s first longevity- and wellness-anchored villa community, with the largest resort-style club spread across 8 acres

Maa Acorn Lifestyle Pvt. Ltd. has announced the upcoming launch of a resort-style club at Ayana Woods. This 8-acre facility will feature a longevity clinic and various wellness amenities for residents. It is designed to support healthy living and daily routines, enhancing community engagement. The first 50 members will form the Founders' Circle with exclusive privileges.

Embassy Developments sells 477 homes for Rs 1,800 cr in township project at Bengaluru

Embassy Developments achieved pre-sales of over Rs 1,800 crore for 477 homes in Bengaluru. The sales occurred within a week of launching the Embassy Origins township project. This project includes 217 villas and 855 apartments, offering significant saleable space. The company projects a revenue of Rs 4,500 crore from these launches in the future. Embassy Group has a longstanding history of delivering substantial residential area in Bengaluru.

Homebuyers of Supertech projects worried over constant delay to approach Supreme Court

Homebuyers of 16 stalled housing projects by Supertech are planning to approach the Supreme Court again. They are frustrated with the lack of progress since NBCC took over construction nearly two years ago. According to buyers, the delay has severely affected their living situations, as many flats remain undelivered. NBCC has proposed a timeline for construction to begin by January 2027, citing various regulatory challenges.

Homebuyer paid Rs 1.73 crore for a flat in Gurgaon, builder delayed project and alleged that he booked unit for commercial gain; he fought and won the money back with 12% interest

Mr Rajinder Singh booked a flat in Gurgaon and was promised possession within three years. After a decade of waiting, he sought legal action against the builder for non-delivery. The State Consumer Disputes Redressal Commission ordered the builder to refund the amount paid along with interest. Additionally, compensation for mental distress and litigation costs was granted to Mr Singh.

Homebuyer to get Rs 7.1 lakh interest for delayed possession of flat as MahaRERA rejects builder’s PMRDA-PMC jurisdiction excuse for delay

MahaRERA took a firm stance in a case concerning a builder's late delivery of a homebuyer’s flat. The builder tried to deflect blame to the changing jurisdiction between PMC and PMRDA, a claim that was ultimately disproven. The homebuyer provided documentation showing the builder had prior knowledge of the jurisdiction involved.

Homebuyer pays Rs 1.03 crore for a 3BHK flat with specially enabled parking; builder fails to deliver; Karnataka RERA rules in buyer’s favour

Builder promised specially enabled parking spaces; homebuyer paid Rs 1.03 crore for a 3BHK unit, but the builder failed to honour the parking promise; homebuyer wins case in Karnataka RERA. Read the article to know how did the homebuyer win the case.

Builder promised to bear stamp duty, then refused; MahaRERA orders payment plus Rs 5.4 lakh interest to buyer

Homebuyer wins as MahaRERA orders builder to pay stamp duty and registration charges and also Rs 5.4 lakh interest to homebuyer. Read this article to know why the homebuyer won the case in MahaRERA real estate tribunal.