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RBI Repo Rate Hiked to 5.50%: Impact on Home Loan EMIs and Property Prices

The Reserve Bank of India (RBI) increased its repo rate by 0.25 percentage points, from 5.25% to 5.50%, on 7 October 2026 . This decision could affect home loan borrowers and people planning to purchase a property. Will Your Home Loan EMI Increase? Borrowers with floating-rate home loans linked to the repo rate may face higher interest rates when their lenders pass on the increase. Depending on the loan terms, this could mean higher EMIs or a longer repayment tenure. The impact and timing will vary between lenders and borrowers. Will Property Prices Rise? Higher borrowing costs may increase developers’ financing expenses and put pressure on construction costs. Some developers may pass these costs on to buyers, while others may absorb them or reduce discounts. However, property prices also depend on demand, construction expenses, competition and unsold inventory. A repo rate hike does not automatically mean every property will become more expensive. What Should Homebuyers Do? If you are...

Sirf Maintenance Bill Dene Se Terrace Aapka Nahi Ho Jata

  Sirf Maintenance Bill Dene Se Terrace Aapka Nahi Ho Jata Kya agar Society kai saalon tak aapke flat ya commercial unit ke saath terrace area ka maintenance charge leti rahi hai, to kya us terrace par aapka ownership right establish ho jata hai? Maharashtra State Co-operative Appellate Court ke ek important judgment ne iska jawab “No” diya hai. Appeal No. 8 of 2026 , decided on 1 October 2026 , mein Abdul Kader Abdul Latif & M/s Sopariwala Exports vs. Shah and Nahar Industrial Premises Co-operative Society Ltd. matter mein terrace ownership ka dispute tha. Case mein kya hua? Dispute Unit No. 616 , approximately 1,670 sq. ft. , aur uske adjoining 2,360 sq. ft. terrace ko lekar tha. Appellants ka kehna tha ki terrace unki unit ke saath purchase kiya gaya tha aur unke paas us par exclusive rights hain. Unhone apne claim ke support mein agreements aur ek important point ke roop mein Society ke purane maintenance bills ka reference diya. Society ne kai saalon tak terrace area ko...

Homebuyers Ke Liye Important Lesson: Sirf Advocates ke Bharose na rahe

  Homebuyers Ke Liye Important Lesson: MREAT Ne Diya Case Continue Karne Ka Ek Aur Chance Kabhi-kabhi ek legal case mein ek hearing miss hona ya advocate se proper communication na hona homebuyer ke liye badi problem create kar sakta hai. Lekin ek recent MREAT order mein homebuyers ko apna case aage pursue karne ka ek aur mauka mila. Yeh matter Vijendrasingh & Anr. vs. Macrotech Developers Ltd. se related hai. Homebuyers ka appeal Maharashtra Real Estate Appellate Tribunal (MREAT) mein pending tha. Lekin November 22 aur December 6, 2024 ki hearings mein na homebuyers aur na hi unke advocate present hue. Iske baad 15 January 2025 ko appeal "want of prosecution" ke basis par dismiss kar diya gaya. Homebuyers ke according, unke advocate ne unhe hearing dates aur case ki current status ke baare mein inform nahi kiya tha. Unhe dismissal ke baare mein 17 January 2025 ko pata chala. Iske baad unhone doosre advocate se contact kiya aur case ko restore karne ke liye application...

Resale - Society Transfer charges limit

  Society Ne Resale Flat Transfer Ke Time ₹25,000 Se Zyada Liye? Mumbai Cooperative Court Ka Important Order Agar aapne resale flat kharida hai aur housing society ne transfer ke time ₹25,000 se zyada amount liya hai, toh Mumbai Cooperative Court ka ek important order aapke liye relevant ho sakta hai. Co-operative Court No. 3, Mumbai ne Dispute No. CC/III/463/2022 mein 22 September 2026 ko order pass karte hue kaha ki government-prescribed transfer premium ki limit ko kisi doosre naam se additional amount lekar bypass nahi kiya ja sakta. Kandivali ke RNA Regency Park ka case Yeh matter RNA Regency Park Tower CHS Ltd., Kandivali West se related tha. Members Jignesh Khiraiya aur Kusum K. Khiraiya ne March 2017 mein Society mein Flat No. 1302 purchase kiya tha. Flat transfer ke waqt Society ne: ₹25,000 transfer premium liya; aur ₹75,000 "non-refundable car parking deposit" ke naam par liya. ₹75,000 ka parking deposit Society ke 10 June 2012 ke Special General Body Resolu...

MS Compound Mumbra: Ghar Kharidne Se Pehle Papers Check Karna Kyun Zaroori Hai?

  Ghar kharidna har family ke liye ek bahut bada decision hota hai. Saalon ki savings laga kar log apna ghar kharidte hain. Lekin kya sirf agreement, electricity bill ya property tax bharne se property legally safe ho jaati hai? Mumbra ke MS Compound se saamne aayi ek recent situation humein isi important baat par sochne par majboor karti hai. Journalist Shradha Rai ne apne video mein MS Compound ke Bilal Chawl mein rehne wale kuch families se baat ki. Residents ne apni problems aur property kharidte waqt unhe diye gaye documents ke baare mein bataya. Unke mutabik, unhone apni savings laga kar rooms kharide the, lekin ab land ownership aur demolition ko lekar serious dispute ka saamna kar rahe hain. Video mein ek bahut important point saamne aata hai — sirf papers hona aur property ka legally clear hona, dono alag cheezein hain. Kai baar buyers ko lagta hai ki agar: Agreement bana hua hai, Electricity meter laga hua hai, Electricity bills aa rahe hain, Property tax bhar rahe hain...

MahaRERA Orders ₹38 Lakh Refund From Both Old and New Developers in Mumbai Redevelopment Case

  A recent MahaRERA order has highlighted an important issue for homebuyers in redevelopment projects: what happens to a buyer’s refund claim when the original developer is removed and a new developer takes over the project? In a significant order dated 1 September 2026 , the Maharashtra Real Estate Regulatory Authority (MahaRERA), Mumbai, directed both the outgoing promoter and the incoming developer of a Mumbai redevelopment project to jointly and severally refund ₹38 lakh , along with applicable interest, to three homebuyers. The case concerns Kam Ganesh Co-operative Housing Society Ltd. , registered under MahaRERA as P51900008403 . The order was passed by Shri Ravindra Deshpande, Member II , following a hearing held on 17 February 2026. The Case at a Glance Particular Details MahaRERA Complaint No. CC006000000303575 Project Kam Ganesh Co-operative Housing Society Ltd. MahaRERA Registration P51900008403 Complainants Deepak Kanhaiyalal Shimpi, Vandana Deepak Shimpi & Nikhil ...

सिर्फ Commercial Electricity Meter होने से Property Commercial हो जाती है?

  सिर्फ Commercial Electricity Meter होने से Property Commercial नहीं हो जाती: Bombay High Court का अहम फैसला क्या किसी property पर commercial electricity meter लगा होना और commercial tariff के हिसाब से बिजली का बिल भरना ही यह साबित करने के लिए पर्याप्त है कि वह property residential नहीं बल्कि commercial है? Bombay High Court के एक हालिया फैसले ने इस सवाल पर महत्वपूर्ण स्पष्टता दी है। Court ने माना कि केवल electricity connection के प्रकार के आधार पर किसी property के उपयोग या उसके legal status को commercial घोषित नहीं किया जा सकता। क्या था पूरा मामला? यह मामला एक SRA redevelopment project से जुड़ा था। संबंधित व्यक्ति का दावा था कि सरकारी रिकॉर्ड में उसकी property को residential बताया गया है, जबकि वास्तव में वहां commercial activity होती थी। अपने दावे के समर्थन में उसने पुराने electricity bills पेश किए, जिनमें commercial category का connection और commercial दरों पर भुगतान दिखाई दे रहा था। Electricity provider की ओर से भी यह पुष्टि की गई कि संबंधित meter commercial category का था। ...
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