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Showing posts from October, 2026

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...
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