real estate news
India's Housing Market Rebounds: Mid-Segment Homes and Builder Floors Gain Traction
India’s housing market is showing a strong resurgence, driven by improved affordability, steady prices, and rising income stability. The Housing Sentiment Index (HSI) for July–September 2025 has rebounded to 142, up from 138 in the previous quarter, indicating growing homebuyer confidence.
Real Estate
Delhi Consumer Commission Upholds Homebuyer Rights, Orders Flat Possession and Fines Builder
The Delhi State Consumer Disputes Redressal Commission has ruled in favor of homebuyers, ordering E-Homes Infrastructure Pvt. Ltd. to hand over possession of a flat and pay compensation for mental agony and litigation costs. This landmark decision reinforces the principles of transparency and fairness in real estate transactions.
Real Estate
Noida Authority to Review Builder Compliance and Real Estate Projects in October Meeting
The Noida Authority will convene on October 3 to review more than 20 proposals, including a unified policy for allotments, payment schedules, and builder compliance. The board will also assess real estate project delivery status and discuss other key issues.
Real Estate Mumbai
Builder Firm Faces Legal Action After 32-Year Delay in Thane Housing Project
A long-standing property dispute has led to the registration of a cheating case against a builder firm at Mulund police station, involving a payment of Rs 2.89 lakh made in 1993 for a flat in a never-completed housing project in Thane.
Real Estate
Supreme Court Orders Builder to Pay 18% Interest for Delayed Possession: A Win for Homebuyers
The Supreme Court of India has delivered a landmark ruling in favor of homebuyers, directing a developer to refund a homebuyer’s money with 18 percent simple interest per annum, doubling the compensation from what was earlier granted by the consumer commission. This decision sends a strong message to the real estate sector about the importance of equitable treatment in builder-buyer agreements.
Real Estate
Supreme Court Greenlights CBI to Register Six More Cases Against Banks and Builders for Homebuyer Fraud
The Supreme Court has allowed the CBI to register six more cases against banks and real estate developers for defrauding homebuyers across multiple cities, including Mumbai, Bengaluru, Kolkata, Mohali, and Prayagraj.
Real Estate Mumbai
Economic Offences Wing Charges Builder for 13 Crore Fraud in Mumbai
The Economic Offences Wing (EOW) in Mumbai has filed a chargesheet against builder Lalit Jain for tampering with property documents and defrauding a Nagpur-based businessman of Rs 12.50 crore.
Real Estate
Income Tax Raids Pune Builders and Real Estate Broker for Suspected Financial Irregularities
The Income Tax Department conducted surprise raids on prominent builders and a real estate broker in Pune, uncovering suspected financial discrepancies in land transactions.
real estate news
Income Tax Raids Pune Builders and Real Estate Broker Over Suspected Financial Irregularities
The Income Tax Department has conducted surprise raids on several prominent builders and a real estate broker in Pune and Pimpri Chinchwad, uncovering suspected financial discrepancies in land purchase transactions.
Real Estate Maharashtra
Real Estate Director in Thane Arrested for Fraudulent Permits Scam
Thane’s real estate director, Umrao Singh Prithviraj Ostwal, has been arrested for defrauding buyers with fake construction permits. Thirteen criminal cases are linked to him, affecting numerous unsuspecting property purchasers.
real estate news
Real Estate Director Arrested for Fraudulent Permits in Thane
Thane's real estate director, Umrao Singh Prithviraj Ostwal, has been arrested for defrauding buyers with fake construction permits. 13 criminal cases are linked to him in Thane.
real estate news
Maharashtra Real Estate Scandal: Director Arrested for Massive Fraud
A prominent real estate director in Thane, Maharashtra, has been arrested for orchestrating a large-scale fraud involving the sale of apartments built with forged permits.
Real Estate Mumbai
Mumbai Real Estate Scandal: Builder Cheats Trader of ₹37.90 Lakh in Bogus Investment
Dadar Police have booked a Borivali-based builder for defrauding a share market trader of ₹37.90 lakh in a bogus real estate project.
real estate news
Mumbai Builder Booked for ₹37.90 Lakh Real Estate Investment Scam
The Dadar Police have registered a case against a Borivali-based builder for cheating a share market trader of ₹37.90 lakh in a fraudulent real estate investment scheme.
real estate news
Top 5 Builders Dominate ₹52,842 Crore Housing Sales in Q1 FY26
India's 28 listed real estate companies have collectively sold properties worth nearly ₹53,000 crore in the April-June quarter, with Prestige Estates and DLF leading the charge.
real estate news
Beware of 'No EMI till Possession' Schemes: Reddit User Warns Homebuyers
A Reddit user has warned Indian homebuyers about the pitfalls of 'No EMI till possession' schemes, cautioning that these can trap buyers into paying EMIs for homes they may never receive.
Real Estate Mumbai
Mumbai's Redevelopment Boom: Higher FSI Schemes Bring Windfalls for Builders
Mumbai's redevelopment market is booming thanks to higher FSI schemes, offering lucrative opportunities for builders and increased space for residents. However, concerns over population density and infrastructure load remain.
Real Estate Pune
ITAT Significantly Reduces Tax Demand on Real Estate Firm, Rejects 'On-Money' Extrapolation
The Income Tax Appellate Tribunal (ITAT), Pune Bench, has significantly reduced the tax demand on Meenamani Ganga Builder LLP, a real estate firm, by rejecting the Income Tax Department's claims of 'on-money' receipts without concrete evidence. The tribunal also dismissed the department's attempt to extrapolate the alleged unaccounted income to other transactions.
Real Estate Mumbai
Mumbai Residents Raise Red Flags Over Managing Committee-Builder Nexus in Redevelopment Deals
Mumbai's real estate industry is booming, but the role of managing committees in housing societies has come under scrutiny. Residents are concerned about potential conflicts of interest and underhand deals between committee members and builders.
real estate news
CBI Registers 22 FIRs Against Builders in NCR for Housing Scam
The Central Bureau of Investigation (CBI) has registered 22 FIRs against various builders in the National Capital Region (NCR) and unknown functionaries of financial institutions, following the Supreme Court's directive to investigate the alleged cheating and defrauding of homebuyers.