Category: Housing Finance

ITAT Upholds Family Property Funding, Says Absence of Gift Deed Alone Cannot Trigger Tax Addition

June 4, 2026

In a significant ruling with implications for family-funded property transactions across India, the Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has held that the absence of a formal gift deed, by itself, cannot justify treating a property purchase as an unexplained investment when the source of funds is clearly established. The decision comes at a […]

ITAT Upholds Family Property Funding, Says Absence of Gift Deed Alone Cannot Trigger Tax Additionmore

Development Bank of Japan Makes Landmark Entry into India’s Real Estate Sector Through HDFC Capital Fund

June 1, 2026

Mumbai: In a significant boost to India’s residential real estate market, the Development Bank of Japan (DBJ) has made its maiden real estate investment in the country by committing capital to HDFC Capital’s H-DREAM Fund, a platform focused on affordable and mid-income housing development. The investment marks a major milestone in DBJ’s global investment strategy […]

Development Bank of Japan Makes Landmark Entry into India’s Real Estate Sector Through HDFC Capital Fundmore

Can Homebuyers Claim Brokerage Refund After Cancelling a Flat Booking?

May 19, 2026

The ruling highlights a growing reality in India’s housing market — cancellation disputes are no longer limited to builders alone, but increasingly involve brokerage accountability and transaction transparency. The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified an important issue impacting homebuyers and real estate agents across the state — whether brokerage paid during a […]

Can Homebuyers Claim Brokerage Refund After Cancelling a Flat Booking?more

500 Unsafe Buildings, One Clear Message: Accountability Has Arrived

April 29, 2026

In a decisive move that shifts the conversation from negligence to accountability, the civic administration in Navi Mumbai has identified 500 buildings as unsafe, triggering immediate evacuation notices. The action follows a detailed, department-wise structural survey and aligns with directives issued by the high court—marking a stronger enforcement phase in urban safety governance. The buildings […]

500 Unsafe Buildings, One Clear Message: Accountability Has Arrivedmore

Bigger rehab homes proposed for Dharavi, but clarity still awaited

April 26, 2026

Mumbai’s redevelopment narrative is entering a more ambitious phase, with the state proposing a significant increase in rehabilitation housing sizes under the Dharavi Redevelopment Project (DRP). The revised framework offers eligible residents homes ranging from 500 sq ft to 754 sq ft carpet area, marking a notable jump from the earlier 400 sq ft provision […]

Bigger rehab homes proposed for Dharavi, but clarity still awaitedmore

MahaRERA’s 10,000+ Approvals Signal Scale — But Also a System Under Watch

April 23, 2026

Maharashtra’s real estate ecosystem is entering a phase where regulatory momentum is no longer just about approvals—it is about discipline, timelines, and credibility. In FY 2025–26, the Maharashtra Real Estate Regulatory Authority (MahaRERA) cleared 10,379 housing projects, covering fresh registrations, corrections, and timeline extensions. The scale of this activity reflects not just sectoral demand, but […]

MahaRERA’s 10,000+ Approvals Signal Scale — But Also a System Under Watchmore

Mumbai plans structured push for affordable rental housing

April 14, 2026

Mumbai’s rising rental demand is set to be addressed through a more structured and regulated framework, as the state government moves toward a system-driven approach to affordable housing. Under the leadership of Devendra Fadnavis, authorities have been directed to establish a comprehensive mechanism that simplifies rental access while ensuring accountability across stakeholders. A key element […]

Mumbai plans structured push for affordable rental housingmore

AI to Reshape Mumbai’s Realty Approvals

April 11, 2026

Mumbai is preparing for a significant transformation in its real estate approval ecosystem, as the Municipal Corporation of Greater Mumbai (MCGM) moves toward deploying an advanced AI-driven system. The initiative is designed to simplify, accelerate, and bring greater transparency to a process that has historically been complex and time-consuming. At its core, this shift […]

AI to Reshape Mumbai’s Realty Approvalsmore

Property Tax Surge Drives Mumbai’s Revenue Growth

April 5, 2026

Mumbai’s property tax collections have reached a new high in FY26, with certain wards clearly leading the trend. The K-East ward, covering Andheri East, has emerged as the top contributor, reflecting both strong compliance and effective recovery measures. The Brihanmumbai Municipal Corporation (BMC) recorded its highest-ever property tax collection of Rs 7,610.9 crore, surpassing expectations […]

Property Tax Surge Drives Mumbai’s Revenue Growthmore

RERA Disputes: Withdrawal Is Conditional, Not Guaranteed

April 3, 2026

When law is tested by real-world challenges, discretion becomes the real authority. In a key observation, the Bombay High Court has clarified that buyers and developers cannot be treated equally when it comes to financial disputes under RERA. The court stated that allowing a buyer to withdraw money deposited by a builder during an appeal […]

RERA Disputes: Withdrawal Is Conditional, Not Guaranteedmore