Real Estate
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.
moreBooked flats for Rs 1.16 crore, two homebuyers awaiting possession find project lapsed; MahaRERA orders builder to give money back with interest
In 2013, two homebuyers believed they would receive their flats by 2014. However, the project registration expired, leaving construction stalled for years. Following this, MahaRERA mandated the builder to refund the buyers' payments and ordered compensation for both complainants. This important ruling highlights buyers’ rights in the face of extended project delays.
morePaid Rs 14.51 lakh for a home in Gurugram, buyer finds no progress at construction site as builder lost registration; HRERA directs refund with 10.80% interest
According to the complaint made by the homebuyer, he has made a payment of Rs 14.51 lakh till now, which amounts to almost 50% of the total cost. He contacted the developer on several occasions; however, on visiting the construction site, the buyer was shocked to see no progress in the construction activity. Here's what did Haryana RERA said in the case.
moreGen Z and homeownership: Has the aspiration of this generation to be a homeowner disappeared?
Gen Z is not rejecting homeownership. It is becoming more deliberate about the financial equation behind it. For this generation, a sensible purchase is one where the EMI fits comfortably alongside savings, investments and other financial goals.
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Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite a jointly owned property - ITAT Mumbai calls it 'not justified'
A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of Rs 34.8 l
moreWill I inherit my family’s land in India if I become an NRI?
ET Wealth Reader's Query: I would like to understand what happens to my rights over inherited agricultural land in India if I acquire foreign citizenship. Will I still be able to inherit my family’s agricultural land, and are there any restrictions on holding, transferring, or disposing of such property after becoming a foreign citizen?
moreBuilder must fix recurring water leakage permanently, but homeowner can't dictate which contractor or brand to use: Karnataka RERA gives relief to Bengaluru top-floor flat owner
Frustrated with repeated water leakage issue in top floor flat homeowner requested building to appoint Dr Fixit and Asian paints to fix it; Karnataka RERA directs builder to permanently fix defects at its own cost. Read the article to know how the homebuyer partly won the case.
moreDubai-based homebuyer cancels 2 Mumbai flats after long delay, but builder kept him waiting for refund and wanted to deduct charges: MahaREAT orders full refund + Rs 1.33 crore in interest
Dubai based homebuyers books two flats in Mumbai from Dubai office in Sheikh Zayed Road of Sion, Mumbai based builder; but builder delays possession; homebuyers cancels booking; MahaREAT orders Rs 1.33 crore interest compensation plus full refund. Read the article to know how the homebuyer won the case.
moreNRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rules
Non-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of regulations. Stricter rules apply to agricultural lands and farmhouses, particularly regarding their sale and repatriation. The method of repatriating sale proceeds varies based on the property's origin and classification.
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Buying a house in a big gated society? Check these 4 key things before your dream home turns into a nightmare
India’s cities cannot accommodate their rapidly growing urban populations without greater density. The trend towards large residential projects is e
moreIf I sell my property jointly owned with my wife, can I buy the new one in my name for LTCG tax exemption?
ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it necessary to purchase the new property in our joint names to qualify for the Long-Term Capital Gains (LTCG) tax exemption, or can I purchase the new property solely in my name?
moreShould I sell my flat and invest to earn interest, or keep it and earn rent in my retirement?
ET Wealth Reader's Query: I own a two-bedroom flat in Bengaluru, which is about 10 years old, and have no outstanding loan. I am a senior citizen with pension income and live with my son. Should I retain the property and earn rental income, or sell it and invest the proceeds in fixed deposits for a steady interest? Currently, my annual income is below Rs 12 lakh, so I am not liable to pay any tax.
moreActor Ajay Devgn, mother to earn Rs 16 lakh/month from Juhu bungalow lease - check Juhu Road property price trends
Juhu is one of the top localities in Mumbai by property prices too. The average asking price here is Rs 45,000 per sq. ft. The data further shows that property prices in the Juhu Road micromarket have shown a steady growth over the last year, according to Square Yards data. Rates in the micromarket jumped from Rs 33,100 per sq ft in September 2025 to Rs 35,900 per sq ft by June 2026.
moreBuilder forfeited homebuyers' earnest money after they questioned poor construction quality; HC orders Rs 18 lakh refund with 6% interest
Builder used coercive bargaining and paid Rs 18 lakh less as refund to homebuyers for cancellation of allotment under full and final settlement; HC rejects settlement and orders full refund with interest to homebuyers
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NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rules
Are you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating your funds.
moreHomebuyers lose stilt parking case: Maharashtra court explains why builder's allotment was invalid
Housing society prevented homebuyers from using their stilt parking spaces given by builder as it was given after registration of society; Maharashtra Co-Op appellate court in RWA's favour and says builders allot common stilt parking after society is registered
moreNoida home prices soar 125%, Gurugram 117% since 2019; check property rates and rental yields across 11 cities
Noida property prices went up by 125% to Rs 10,780 per square feet, Bangalore by 90% to Rs 9,450 per square feet from 2019 to 2026; Know Delhi, Gurgaon, Hyderabad prices. Check the trend.
moreSenior citizen fined for parking in open space wins relief; Maharashtra court orders housing society to allot a convenient parking spot
Senior citizen allotted inconvenient parking spot by builder in 2011 leading her to park car in open space; Housing society levied penalty on her for parking in open space; Maharashtra Co-Op Appellate court gives her relief and orders society to give her a convenient spot
moreAfter my death, can my wife transfer our 2BHK to our son via gift deed without an NOC from our daughter?
ET Wealth Reader's Query: I own a 2-BHK flat and my wife is a joint owner. We have two children, who are settled abroad. After my death, the housing society will transfer the flat to my wife, based on nomination and my will (unregistered). After the transfer, can she sell the flat without a no objection certificate (NOC) from our children? If she doesn’t sell it, can she transfer it to our son via a gift deed without an NOC from our daughter?
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Parking dispute turns costly: Homebuyer loses court case after neighbour occupies his parking space with second car, here's why
Homebuyers lost access to his parking spot after neighbour parked his 2nd car there; Maharashtra co-op appellate court dismissed homebuyers' plea on
moreCan housing societies deny common facilities to smaller flats because of lower maintenance fees? Know what the law says
Can a housing society stop access to common facilities by residents of smaller flats on the ground of smaller maintenance? Know what the law says.
moreHomebuyer booked flat for Rs 18 lakh in 2010, later finds builder sold the flats to third party: Mumbai man wins full refund with interest, penalty on developer
Homebuyer wins full Rs 18 lakh refund in Mumbai: While the developer issued an allotment letter dated August 16, 2010, it failed to provide possession to the buyer. In view of the delay, the homebuyer had approached Maharashtra RERA seeking relief. The authority had on April 24, 2025, ordered the relief of possession to the homebuyer. He again filed a review seeking refund of the amount.
moreHomebuyer finds water leakages and seepage issues weeks after buying flat; Telangana RERA orders builder to relay terrace flooring, carry out waterproofing work
Builder ordered by TGRERA to relay terrace flooring and execute comprehensive waterproof treatment to ensure a permanent solution to resolve the water seepage issues in new apartment. In this case the homebuyer found water leakages and seepage issues weeks after buying flat. Read the article to know the details of the case and how the homebuyer won.
moreHousing society asks homebuyer to pay previous owner's maintenance dues of Rs 80,000; experts explain what you should do in this situation
Homebuyer asked to pay previous owner's dues of Rs 80,000: In his Reddit post, a homebuyer shared that the previous owner had around Rs 80,000 in pending maintenance dues, which he assured will be settled. But around 4-5 after the new owner moved in, the housing association asked him to pay the dues. Experts explain the legal position, NOC rules and key checks before purchase.
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Son denies share of ancestral property to 6 half sisters; Andhra Pradesh HC give relief to the sisters and orders property partition
Six half-sisters have won their rightful share in ancestral properties. The Andhra Pradesh High Court rejected their half-brother's claims to exclud
moreBought a new apartment but facing structural, workmanship, or quality issues? Builders must repair it within 30 days if... Know your rights under RERA
Builders must repair structural and quality defects within five years of possession. Homebuyers can report issues and expect repairs within thirty days. If builders fail to act, homebuyers can seek compensation under RERA. Evidence like photos and expert reports helps prove defects. This RERA provision ensures builder accountability for project quality.
moreBuilder failed to provide promised amenities for 6 years; Karnataka RERA steps in and issues 90-day deadline to give promised amenities
Karnataka RERA ordered a builder to provide promised amenities within ninety days. The builder failed to deliver Cauvery water and electricity meters for six years. He must now transfer land Khata and common facilities to the homeowners' association. The RERA Act protects homebuyers and ensures developers fulfill past promises. This ruling mandates builders adhere to agreed amenities and their maintenance.
moreI have become a foreign citizen. Can my mother make me a joint owner in her property in India?
ET Wealth Reader's Query: I am a foreign citizen and an only son. My mother wants to make me the joint owner in a property that belongs to her. Is this permitted in India considering that I now have a foreign citizenship?
moreMan booked 11 shops for Rs 25 lakh in Mumbai in 1995 but didn't get possession even after 30 years; he fights back and wins full refund with 12% interest
Over 30 years ago in 1995, Amish Anantrai Modi had booked some shops in a project for a total consideration of Rs 25 lakh. In his complaint, the buyer said that he needed suitable commercial premises to expand his existing business activities and earn his livelihood by means of self-employment. However, the builder never started construction of the proposed project.
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Homebuyer paid for a flat in a Delhi housing society in 2003, got delayed possession, sought compensation for delay; SC defends his right
The SC said that the homebuyer can make a claim for compensation for delayed possession. “The subsequent receipt of possession cannot, by itself, ex
moreForged Will row: Buyer should not face criminal case for purchasing land on the basis of Will which police found to be forged; rules SC
The Supreme Court has shielded an innocent land buyer from criminal charges in a forged Will case. The buyer, unaware of the forgery, purchased 1.31 acres based on a fake Will. The court ruled that a bona fide purchaser, lacking knowledge of the fraud and not linked to the conspiracy, cannot be held criminally liable. Proceedings will continue against other accused.
moreMissed out on soaring property prices due to builder delay? Haryana RERA’s Rs 26 lakh compensation order sets precedent
A homebuyer in Gurgaon's Sector 108 will receive Rs 26 lakh in compensation from a builder for delayed possession. Haryana RERA ruled that the delay caused the buyer to miss out on a significant 130% property price appreciation. The authority also ordered a refund of the amount paid, plus interest, and compensation for mental agony and litigation costs, setting a precedent for such cases.
moreBooked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation each
The case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noida. They were promised the possession of the flats in two years by 2012. However, following alleged disputes over land, the society shifted the project to Ghaziabad.
moreActor Kalki Koechlin sells Andheri West apartment for Rs 2.55 crore; Check Mumbai property price trend
Actor Kalki Koechlin has sold her Mumbai apartment in Andheri West for Rs 2.55 crore. The property was purchased in December 2015 for Rs 1.95 crore. This sale resulted in a capital gain of approximately Rs 60 lakh for the actor. Property prices in Mumbai and Andheri West have shown consistent appreciation over recent years.
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Think property makes you rich? These 5 facts tell a different story
As per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered a sound
moreBollywood star Kriti Sanon, her mother and sister, sell Andheri West apartments for Rs 8.9 crore; check the Mumbai price trend
Bollywood actor Kriti Sanon, her mother Geeta Sanon, and sister Nupur Sanon have sold four apartments in Andheri West for Rs 8.9 crore. The family recorded a long-term capital gain of Rs 4.6 crore from this property sale. The transactions involved two units at Raheja Classique sold for Rs 3.23 crore each and two others for Rs 1.21 crore each.
moreCelebrities are buying land in temple cities; but should you follow suit and buy property?
Celebrities are investing in temple cities like Ayodhya, drawn by cultural significance and potential for long-term asset growth. These spiritual hubs are experiencing rapid infrastructure development and rising tourism, driving property appreciation. Individual buyers should research economic fundamentals and infrastructure pipelines rather than solely following celebrity trends.
moreCricketer Shreyas Iyer takes a luxurious house on rent in Worli at Rs 18.5 lakh monthly rent with 7% annual escalation; check the rental trend in Mumbai
Indian cricketer Shreyas Iyer has secured a luxurious rental property in Worli, Mumbai. The apartment commands a monthly rent of Rs 18.5 lakh. This deal includes a 7% increase in rent each year for the duration of the lease. The property is a spacious 3,875 sq ft residence. It also comes with four dedicated parking spaces.
moreBooked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delay
The Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the delay, the HC ordered the Mumbai-based builder to pay interest at 10.05% per annum from February 1, 2014, to the buyers until the possession is handed over.
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Property buyers alert: Verify carpet area on UPRERA portal and don’t buy apartment on the basis of super area, advises UPRERA Authority
UP RERA is strongly advising homebuyers to purchase properties based on carpet area, not super built-up area. This ensures buyers pay only for usabl
moreOne-time relief for these Greater Bengaluru property owners: Electricity connection without Occupancy Certificate
Greater Bengaluru Authority now allows electricity connections without an Occupancy Certificate for homes on plots up to 2,400 sq. ft. This special one-time relief helps many homeowners, especially those on unapproved layouts. It can reduce electricity bills by enabling domestic residential power connections.
moreFormer cricketer and selector Ajit Agarkar sold his Bandra West residential property at Rs 32,547 per sq feet; check the property price trend in Mumbai
Former Indian cricketer Ajit Agarkar has sold his residential property in Bandra West, Mumbai, for Rs 4 crore. The property, located in the Jewel Co-op Housing Society, spans 1,229 sq. ft. and includes two car parking spaces. The transaction was registered in April 2026, with Agarkar paying Rs 24 lakh in stamp duty.
moreIVY County: At the intersection of global trends and East Bengaluru's growth story
Bengaluru's real estate focus is shifting to East Bengaluru's Sarjapur-Varthur-Gunjur corridor. This region offers significant investment potential driven by growing tech hubs, infrastructure upgrades, and increasing demand for premium homes. Corridors like Sarjapur, Whitefield, and Varthur are experiencing strong growth. Investors are prioritizing integrated ecosystems with employment sustainability and robust connectivity.
moreThe story behind Wadhwa Wise City, an integrated township envisioned as a complete urban ecosystem in Panvel
Fifteen years ago, Panvel was a barren hillock, but Vijay Wadhwa envisioned it as Mumbai's next urban center, addressing the city's growing pressures. Wadhwa Wise City was conceived to offer a better quality of life, blending opportunity with well-being. Strategic infrastructure projects and coordinated planning are transforming Panvel into a future-ready hub.
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18.4% rise in residential property prices in last one year due to upcoming upgrades along Gurgaon Greater Southern Peripheral Road; Report
Residential property prices in Gurgaon have surged by 18.4% in the past year, reaching Rs 16,249 per square foot. This significant increase is attri
moreBengaluru property owners alert! Can you get mutation done without a Khata? Here’s what the law says
Bengaluru property owners can face challenges with mutation without an existing Khata. While legally possible with valid title documents, the absence of a Khata complicates the process, often delaying updates in municipal records. Properties with B Khata can be sold and mutated, but buyers should be aware of associated risks and the fact that mutation doesn't regularize the property.
moreBengaluru property tax: e-Khata open house to be held on May 30, 2026 at these areas under Bhoo Guarantee scheme
Bengaluru citizens can attend an e-Khata open house on May 30, 2026. This event, part of the Bhoo Guarantee- 6th guarantee scheme, offers on-the-spot assistance for property tax and e-Khata related services. Held in various areas, it aims to resolve citizen issues and streamline property administration. The initiative promotes transparency and legality in property transactions across the city.
moreShopping malls investment: Up to 20% appreciation in these retail mall rentals in Delhi NCR & Mumbai; what retail commercial property investors should know
Retail rental yields in Delhi NCR and Mumbai's Grade A and A+ malls have seen significant appreciation, with Mumbai recording 15-20% year-on-year growth. This surge is driven by strong footfalls, tenant productivity, and the expansion of international retailers, making malls an attractive investment. Investors can consider REITs for exposure to this growing sector.
moreBuilder delayed possession and charged Rs 75 lakh extra on the basis of super area instead of carpet area; homebuyers partly win case in Punjab RERA for delayed possession
Homebuyers in Amritsar received partial victory from Punjab RERA regarding delayed possession. The authority ordered the builder to pay interest for the delay. However, the homebuyers' claim for an extra Rs 75 lakh charge was dismissed. RERA emphasized that buyers must carefully read agreements, as the principle of 'Caveat Emptor' applies. The builder-buyer agreement's terms were deemed binding.
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Do I need to convert my leasehold DDA flat to freehold to sell it?
ET Wealth Reader's Query: I have a DDA flat since 2008, which is leasehold. I now want to sell it. Is it mandatory to convert it to freehold? Do I n
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