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Mumbai Consumer Commission Orders Developer to Refund Homebuyers for Cancelled Flat Allotment

Real Estate Maharashtra

Mumbai Consumer Commission Orders Developer to Refund Homebuyers for Cancelled Flat Allotment

The Maharashtra State Consumer Disputes Redressal Commission has ordered a developer to refund over Rs 45 lakh along with Rs 15 lakh interest to a couple whose flat allotment was cancelled in a housing project.

October 2, 2025
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Mumbai Senior Citizen Duped of Rs 1.3 Crore in Flat Investment Scam

Real Estate Mumbai

Mumbai Senior Citizen Duped of Rs 1.3 Crore in Flat Investment Scam

A 66-year-old resident of Mulund in Mumbai filed a complaint against a construction firm and its partners for allegedly cheating him and his family of Rs 1.3 crore through a fraudulent investment scheme and a false flat allotment.

August 31, 2025
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CAG Report Exposes Major Irregularities in Greater Noida Land Allotments

real estate news

CAG Report Exposes Major Irregularities in Greater Noida Land Allotments

The Comptroller and Auditor General (CAG) has uncovered significant irregularities in the Greater Noida Authority’s land allotments, resulting in an estimated loss of ₹3,600 crore. The report highlights issues in both industrial and Sports City project allotments.

August 17, 2025
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CAG Exposes Irregularities in Greater Noida Land Allotments: ₹3,600-Cr Loss

Real Estate

CAG Exposes Irregularities in Greater Noida Land Allotments: ₹3,600-Cr Loss

The Comptroller and Auditor General (CAG) has identified significant irregularities in the Greater Noida Authority’s land allotment processes, resulting in an estimated loss of over ₹3,600 crore.

August 17, 2025
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Highway Infrastructure IPO Allotment Likely Today: How to Check Your Status

Real Estate

Highway Infrastructure IPO Allotment Likely Today: How to Check Your Status

The allotment status for Highway Infrastructure Ltd.’s IPO, which was heavily subscribed, is expected to be finalized today. Here’s how you can check your allotment status on BSE, NSE, and Bigshare Services.

August 8, 2025
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Sri Lotus Developers IPO Allotment Finalised: Check Status Online and GMP Details

real estate news

Sri Lotus Developers IPO Allotment Finalised: Check Status Online and GMP Details

Sri Lotus Developers, a prominent real estate company, has successfully concluded its IPO. The allotment status has been finalised, and investors can check their status online through BSE, NSE, and the IPO registrar's website. The IPO was heavily subscribed, indicating strong market interest.

August 5, 2025
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How to Check Your Sri Lotus Developers IPO Allotment Status Online

Real Estate

How to Check Your Sri Lotus Developers IPO Allotment Status Online

Sri Lotus Developers recently concluded its IPO, and many investors are eager to check their allotment status. Here’s a step-by-step guide on how to do it through NSE, BSE, and KFin Technologies.

August 4, 2025
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Sri Lotus Developers IPO Allotment: How to Check Status Online on NSE, BSE, KFin Technologies

real estate news

Sri Lotus Developers IPO Allotment: How to Check Status Online on NSE, BSE, KFin Technologies

Learn how to check the status of your Sri Lotus Developers IPO allotment online through NSE, BSE, and KFin Technologies. This guide provides step-by-step instructions to ensure a smooth process.

August 4, 2025
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MahaRERA Orders Developer to Allot New Flat to Homebuyer After Reselling Booked Units

Real Estate Maharashtra

MahaRERA Orders Developer to Allot New Flat to Homebuyer After Reselling Booked Units

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled in favor of complainant Rajendra Jain, ordering the developer to allot another flat of similar specifications and execute a registered agreement for sale after the originally booked units were resold.

July 23, 2025
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Mumbai Court Denies Anticipatory Bail to Real Estate Developer and Son in Flat Allotment Fraud Case

Real Estate

Mumbai Court Denies Anticipatory Bail to Real Estate Developer and Son in Flat Allotment Fraud Case

The Mumbai Sessions Court has denied anticipatory bail to Ashok Jethwa and his son Mihir, real estate developers from Triveni Developers Ltd, in a case involving the alleged failure to deliver flats or refund payments.

July 14, 2025
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Man Infraconstruction Ltd to Issue 29.66 Lakh Equity Shares: Key Details

Real Estate

Man Infraconstruction Ltd to Issue 29.66 Lakh Equity Shares: Key Details

Man Infraconstruction Ltd, a leading Mumbai-based infrastructure and real estate company, will be in the spotlight following the announcement of a preferential allotment of 29.66 lakh equity shares through the conversion of warrants.

July 14, 2025
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MMRDA Allocates 2.1-Acre Land in Mumbai’s BKC to Schloss Bangalore for Rs 1,302 Crore

Real Estate Mumbai

MMRDA Allocates 2.1-Acre Land in Mumbai’s BKC to Schloss Bangalore for Rs 1,302 Crore

The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated a prime 2.1-acre land parcel in the Bandra-Kurla Complex (BKC) to Schloss Bangalore, a company backed by Brookfield Asset Management, for Rs 1,302 crore. The land will be used for a mixed-use project, including a 250-key luxury hotel.

June 3, 2025
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Raymond Realty Demerger: 4 Key Things Shareholders Need to Know About the 1:1 Allotment

Real Estate Mumbai

Raymond Realty Demerger: 4 Key Things Shareholders Need to Know About the 1:1 Allotment

Raymond’s real estate arm, Raymond Realty Limited, has emerged as a standalone listed company. Here are the essential points shareholders should be aware of regarding the 1:1 allotment of shares.

May 12, 2025
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Cidco Revokes Allotment of 16 Navi Mumbai Plots Worth Rs 2000 Crore Due to Construction Delays

Real Estate Mumbai

Cidco Revokes Allotment of 16 Navi Mumbai Plots Worth Rs 2000 Crore Due to Construction Delays

Cidco, the City and Industrial Development Corporation, has revoked the allotment of 16 plots in Navi Mumbai valued at Rs 2000 crore due to significant delays in construction and non-payment of dues. The decision comes after repeated notices issued to the defaulting plot holders.

April 10, 2025
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CIDCO Cancels Allotment of 16 Navi Mumbai Plots Worth ₹2000 Crore: 5 Key Reasons

Real Estate

CIDCO Cancels Allotment of 16 Navi Mumbai Plots Worth ₹2000 Crore: 5 Key Reasons

Mumbai Real Estate Update: The CIDCO, the special planning authority for Navi Mumbai, has cancelled the allotment of 16 plots due to alleged irregularities and legal issues. This decision has significant implications for the real estate market in Navi Mumbai, affecting both developers and potential buyers.

April 9, 2025
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CIDCO Revokes Allotment of 16 Navi Mumbai Plots Worth ₹2000 Crore: 5 Key Reasons

Real Estate Mumbai

CIDCO Revokes Allotment of 16 Navi Mumbai Plots Worth ₹2000 Crore: 5 Key Reasons

Mumbai Real Estate Update: The CIDCO, the special planning authority for Navi Mumbai, has cancelled the allotment of 16 plots due to several critical issues, impacting the real estate market significantly.

April 9, 2025
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Mumbai: MHADA Begins Tenement Allotment Process for Eligible Residents

Real Estate Mumbai

Mumbai: MHADA Begins Tenement Allotment Process for Eligible Residents

Mumbai: MHADA is set to begin the tenement allotment process for eligible residents. Applications are now open and must be submitted by January 31.

January 16, 2025
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NTPC Green Energy IPO Allotment Today: Latest GMP, Steps to Check Status Online, and More

Real Estate Mumbai

NTPC Green Energy IPO Allotment Today: Latest GMP, Steps to Check Status Online, and More

Applicants of the NTPC Green Energy IPO are eagerly awaiting the share allotment announcement, expected today, November 25, 2024. The IPO received strong investor interest and is set to debut on the stock market on Wednesday, November 27, 2024.

November 25, 2024
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Sebi Grants Exemptions to InvITs and REITs from Lock-in and Allotment Restrictions

Real Estate

Sebi Grants Exemptions to InvITs and REITs from Lock-in and Allotment Restrictions

The Securities and Exchange Board of India (Sebi) has decided to exempt Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) from certain lock-in and allotment restrictions, which is expected to enhance their liquidity and a

November 13, 2024
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Waaree Energies IPO: Allotment Status, GMP, and Listing Date Details

Real Estate Mumbai

Waaree Energies IPO: Allotment Status, GMP, and Listing Date Details

Mumbai-based Waaree Energies, a leading solar PV module manufacturer, saw an overwhelming response to its IPO. The company is slated to finalize the basis of allotment on October 24, 2023. Here's how you can check your IPO application status and all other

October 24, 2024
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