Category: Housing Finance

9th Real Estate & Construction Industry Leadership Awards 2026 Celebrates Sector Excellence in Mumbai

October 15, 2026

Mumbai, India: Realty Quarter, a premier real estate media, publication, and event management company, successfully hosted its 9th Real Estate & Construction Industry Leadership Awards 2026. Founded by industry veteran Mr. Pawan Chauhan, the annual flagship event celebrated nine years of publication and 17 years of the company’s national and international footprint in organizing property […]

9th Real Estate & Construction Industry Leadership Awards 2026 Celebrates Sector Excellence in Mumbaimore

Mumbai’s N. M. Joshi Marg BDD Chawl Redevelopment: 684 Homes Targeted by December

September 18, 2026

Mumbai, September 18, 2026: The redevelopment of the N. M. Joshi Marg BDD Chawl has entered a key delivery phase, with 342 rehabilitation homes receiving Occupation Certificates (OCs) and another 684 homes targeted for completion and handover by December 2026. The first phase comprises 1,241 rehabilitation homes across seven buildings. Two buildings, accounting for 342 […]

Mumbai’s N. M. Joshi Marg BDD Chawl Redevelopment: 684 Homes Targeted by Decembermore

PMAY-U 2.0 Approvals Take Urban Housing Sanctions to 18.77 Lakh

September 14, 2026

New Delhi: The Centre has approved a fresh set of urban housing proposals under the Pradhan Mantri Awas Yojana-Urban 2.0, taking the total number of houses sanctioned under the scheme to 18.77 lakh. The latest round covers more than 29,000 houses. (Source for figures: Ministry of Housing and Urban Affairs/PIB, September 11, 2026.) The approvals […]

PMAY-U 2.0 Approvals Take Urban Housing Sanctions to 18.77 Lakhmore

Blackstone plans REIT stake sale

August 31, 2026

Mumbai: Blackstone has proposed selling up to 25.03% of its stake in Knowledge Realty Trust through an offer for sale, with the transaction valued at about ₹11,988 crore ($1.26 billion) at the floor price of ₹108 per unit. The offer comprises a 16.69% base offer and an additional 8.34% stake in case of oversubscription. Blackstone […]

Blackstone plans REIT stake salemore

Supreme Court’s Interim Order Reshapes Mumbai’s Cluster Redevelopment Debate

August 3, 2026

A Legal Pause with Citywide Implications When a redevelopment project spanning 132 acres in two of Mumbai’s most valuable neighbourhoods reaches the Supreme Court, its impact extends far beyond the societies directly involved. The outcome has the potential to shape the legal interpretation of redevelopment rights, influence future urban renewal policies, and redefine the implementation […]

Supreme Court’s Interim Order Reshapes Mumbai’s Cluster Redevelopment Debatemore

BMC Eyes Mulund Land for Dharavi Redevelopment

July 29, 2026

Mumbai’s ambitious Dharavi Redevelopment Project (DRP) has moved a step closer to securing crucial infrastructure support, with the Brihanmumbai Municipal Corporation (BMC) proposing to lease 15 acres of reclaimed land at the Mulund dumping ground. The land is intended to facilitate construction-related activities for one of the country’s largest urban redevelopment initiatives while also generating […]

BMC Eyes Mulund Land for Dharavi Redevelopmentmore

Centre Reorganises Housing Ministry to Strengthen Urban Governance & Housing Policy

India’s urban governance framework has entered a new phase with the Centre reorganising the Ministry of Housing and Urban Affairs (MoHUA) into two dedicated departments. The restructuring is aimed at creating a sharper administrative framework by separating the governance of the National Capital Region from nationwide housing and urban development programmes. The move is expected […]

Centre Reorganises Housing Ministry to Strengthen Urban Governance & Housing Policymore

Slum Redevelopment Gains Momentum

July 27, 2026

Mumbai’s slum redevelopment programme has entered a defining phase, with ongoing projects now covering more land than has been redeveloped over the past three decades. The scale of activity reflects the government’s renewed focus on accelerating urban renewal, expanding affordable housing and improving living conditions for lakhs of families across the city. According to the […]

Slum Redevelopment Gains Momentummore

Rental Rights Under Scrutiny

India’s rapidly evolving rental housing market continues to expose the gap between legal rights and on-ground practices. A recent dispute involving an alleged forfeiture of a ₹55,000 security deposit after a landlord discovered a tenant was living with her unmarried partner has once again brought rental agreements, tenant privacy and deposit protection into sharp focus. […]

Rental Rights Under Scrutinymore

ITAT Clarifies Tax Treatment of Redevelopment Agreements

July 23, 2026

In a significant ruling for Mumbai’s redevelopment sector, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the mere execution and registration of a redevelopment agreement does not amount to the receipt of immovable property and, therefore, cannot trigger taxation under anti-abuse provisions of the Income Tax Act. The decision comes […]

ITAT Clarifies Tax Treatment of Redevelopment Agreementsmore