India: Real Estate

Welcome to the latest edition of Fox & Mandal's newsletter highlighting recent developments in India's corporate & commercial laws. In this edition, we examine key aspects of various legal and regulatory changes in the Corporate, Capital Markets, Insolvency, Competition and Real Estate sectors and their impact on the business ecosystem in the country.

Urban housing in Mumbai has long been plagued by the complex challenge of slum rehabilitation, where competing interests of landowners, slum dwellers, and developers often collide.

Encroachments on public roads and pedestrian pathways have become one of the most persistent urban governance challenges in India.

The government had first released the draft of the Model Tenancy Act in 2019. Two years after announcing the draft Act, Union Cabinet finally approved the Model Tenancy Act with a focus on boosting rental housing and reducing litigation.

The Registration (Karnataka Amendment) Act, 2025 (Karnataka Act No. 42 of 2025), notified on 28 July 2025...

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has been at the forefront of real estate reform, progressively enforcing compliance mechanisms that aim to bring greater transparency, accountability, and fairness to the sector.

In June 2019, the RBI introduced the Prudential Framework for Resolution of Stressed Assets but excluded project loans from this.

The Indian legal framework governing the real estate sector is shaped by two prominent enactments: one being the Real Estate (Regulation and Development) Act, 2016 ("RERA") and the Competition Act, 2002 ("Competition Act").

The Hon'ble Maharashtra Real Estate Appellate Tribunal (MREAT) vide order dated 2 June 2025 in the case of D. N. Nagar Shivneri CHS Ltd. v. Various Allottees held that a cooperative housing...