HC appoints to third party to look into SRA projects by Darshan Developers

Published on: Dec 26, 2025 06:02 am IST The court noted that despite selling flats and commercial units, the developer’s proprietors showed almost no funds in their bank accounts Quick Read MUMBAI: The Bombay High Court on Wednesday appointed a court receiver, a third neutral third party, to oversee the slum rehabilitation projects being carried […]

Real estate developers bullish on 2026, bet on end-user demand to boost sales and lift prices

The real estate sector is upbeat about 2026, with nearly two-thirds of developers across India optimistic about the residential segment and expecting demand to grow by more than 5% in CY’26. This sentiment suggests that growth in the coming year will be driven largely by end-user demand rather than speculative activity, a As many as […]

Budget 2026: CREDAI calls for higher affordable housing cap, tax relief for real estate developers

Real estate industry body, the Confederation of Real Estate Developers’ Associations of India, has urged the government to revisit the definition of affordable housing and extend tax incentives to developers in the Union Budget 2026. It said the existing price cap of ₹45 lakh is no longer realistic and should either be scrapped or raised […]

Smartworld Developers enters Noida, plans ₹3,000-crore mixed-use project

Gurugram-based Smartworld Developers has announced its foray into Noida with the acquisition of a roughly 6-acre land parcel in Sector 98, where it plans to launch a mixed-use development comprising branded residences, high-street retail and serviced homes. The land, located along the Noida Expressway, was secured through an auction for ₹414 crore, and the project’s […]

Maharashtra Tribunal blames developer’s ‘greed’ for Panvel project delay and orders interest compensation to the buyer

The Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s Sanvo Resorts Pvt Ltd to pay interest to a homebuyer for the delayed possession of an apartment in its Marathon Nextzone project in Panvel, near the upcoming Navi Mumbai International Airport (NMIA). Delayed possession: Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s […]

Tribeca Developers launches new vertical focused on plotted developments, branded villas and hospitality

Tribeca Developers, India’s licensed partner of the Trump Organization, on December 3 announced the launch of Tribeca Estates, a new business vertical focused on premium plotted developments, branded villas, and hospitality-led real estate. The company said five deals are currently under negotiation, covering more than 300 acres along the Mumbai–Pune corridor. Tribeca Developers has announced […]

MahaRERA update: New guidelines issued to ensure homebuyers are compensated within 60 days by the developers

The Maharashtra Real Estate Regulatory Authority (MahaRERA) announced on November 22 that it has formulated a Standard Operating Procedure (SOP) to expedite the recovery of compensation from developers in a time-bound manner for aggrieved homebuyers. The compensation is recovered from the developer due to various defaults. MahaRERA update: The real estate regulator has said that […]

Karnataka RERA allows homebuyers’ association to take over stalled project in Belagavi after the developer’s demise

In a relief to homebuyers of a stalled real estate project in Belagavi, the Karnataka RERA has allowed the housing association of Abhinandan Residency to take over and complete the delayed project. The project is 40% completed, but has remained stalled for over a year. In a relief for Belagavi homebuyers, Karnataka RERA has allowed […]