Day’s Recap is unavailable for this topic and date. Feel free to go through our curated list of stories below.
Other Developments
A curated list of other prominent stories from this day.
11:43 PMEconomic Times Realty
Mumbai: Builder arrested for alleged land-grabbing fraud in Dahisar
Summary
Mumbai Police arrested Vile Parle-based builder Kalpesh Kanubhai Shah over an alleged Dahisar land-grab that used forged powers of attorney and fake bank accounts to take control of a prime parcel. The case surfaced after the Bombay High Court flagged document inconsistencies, and Shah remains in custody as investigators probe the multi-crore transaction trail.
Why it matters
The arrest raises the cost of weak title practices and can slow transactions and financing for land parcels where documentation and POA transfers are vulnerable to challenge.
Haryana RERA directs BPTP to refund maintenance charges to allottee with 11% interest
Summary
Haryana RERA's Gurugram bench ordered BPTP to refund Rs 1.16 lakh collected as maintenance charges before possession for a unit in Park Spacio, Sector 37D, Gurugram. It also awarded Rs 1 lakh compensation and Rs 50,000 in litigation costs.
Why it matters
It tightens enforcement on pre possession charges and raises the financial downside for builders that front load maintenance payments.
Beyond Squarefeet Strengthens Leasing Leadership with CA Himesh Vasani’s Appointment Mumbai, July 03, 2026: Beyond Squarefeet, one of India’s leading shopping mall advisory & Management firm, today announced the appointment of CA Himesh Vasani as Assistant Vice President – Leasing, reinforcing its commitment to strengthening its leadership team as it continues to expand its Mall advisory and leasing portfolio across the country. A qualified Chartered Accountant, Himesh brings over 28 years of professional experience, including an illustrious 19-year tenure with Reliance Retail, where he played a pivotal role in one of India’s largest retail expansion journeys. During his tenure, he contributed to scaling the retail network to more than 18,000 stores across multiple formats while leading key real estate acquisition, commercial, and process optimisation initiatives. Himesh is recognised for combining commercial insight with strategic execution across complex real estate projects. Throughout his career, he has led large-scale acquisition initiatives, negotiated high-value commercial transactions, and worked closely with developers, retailers, and cross-functional teams to support the expansion of retail infrastructure across India. His expertise in commercial strategy, stakeholder management, and operational excellence has consistently enabled the successful execution of complex real estate and expansion projects. In his new role at Beyond Squarefeet, Himesh will add to the leasing strategies across the company’s growing portfolio, working closely with retailers & developers to accelerate expansion goals and create long-term value for clients. His expertise in commercial negotiations, market assessment, financial evaluation, due diligence, and relationship management will further enhance Beyond Squarefeet’s ability to deliver strategic, value-driven leasing solutions. Commenting on the appointment, Susil S. Dungarwal, Chief Mall Mechanic®, Beyond Squarefeet, said: “We are delighted to welcome Himesh to Beyond Squarefeet. His extensive experience in real estate acquisitions, commercial negotiations, and retail expansion makes him a valuable addition to our team. His ability to combine commercial expertise with strategic thinking will be instrumental as we continue to build future-ready Shopping Malls and create long-term value for our developer and retail partners. We are confident that his leadership will further strengthen our leasing capabilities and support the next phase of our growth journey.” Expressing his enthusiasm on joining the Shopping Mall Specialists, CA Himesh Vasani said: “Beyond Squarefeet has built a strong reputation for delivering innovative retail-realestate solutions and creating value for developers and brands alike. I am excited to join the organisation at such an exciting phase of growth and look forward to working with the talented team to deliver impactful leasing solutions, build lasting client relationships, and contribute meaningfully to the company’s long-term vision.” The appointment reflects Beyond Squarefeet’s continued investment in experienced leadership as the company expands its presence across India’s evolving retail real estate landscape. With increasing demand for organised retail, mixed-use developments, and experiential shopping destinations, Beyond Squarefeet remains committed to delivering strategic advisory and leasing solutions that create sustainable value for developers, investors, and retail brands.
Summary
Beyond Squarefeet appointed CA Himesh Vasani as Assistant Vice President, Leasing, tapping his 28 years of experience including 19 years at Reliance Retail focused on acquisitions, commercial negotiations, and network expansion. He will lead leasing strategy and execution across the firm’s growing mall advisory and leasing portfolio, working with retailers and developers.
Why it matters
As India’s mall and mixed-use pipeline grows, advisory firms that can execute leasing at scale become a critical gatekeeper for project viability and retailer expansion.