Category: Housing Finance

Maharashtra Cuts Stamp Duty on Housing Society Lease Agreements

July 18, 2026

In a major relief for cooperative housing societies in Mumbai, the Maharashtra government has announced a substantial reduction in stamp duty for the registration of 99-year lease agreements executed on government-owned land. The move is expected to benefit thousands of societies that have faced financial and procedural hurdles in completing lease registrations over the years. […]

Maharashtra Cuts Stamp Duty on Housing Society Lease Agreementsmore

Shrenik Ghodawat - Managing Director - Sanjay Ghodawat Group

Sanjay Ghodawat Group Partners with Nordstar Estates; Targets ₹5,000 Crore GDV Through New Real Estate Platform ‘NEVORA’

New Delhi/Mumbai, July 2026: Sanjay Ghodawat Group (SGG), a diversified conglomerate, has partnered with Nordstar Estates (Nordstar) to launch “NEVORA”, a next-generation institutional real estate development platform, marking its strategic expansion into India’s real estate sector. The joint venture will focus on developing residential and commercial projects across Mumbai and Bengaluru and their respective micro-markets […]

Sanjay Ghodawat Group Partners with Nordstar Estates; Targets ₹5,000 Crore GDV Through New Real Estate Platform ‘NEVORA’more

ITAT Ruling Brings Tax Clarity to Redevelopment Rights Transfers

July 17, 2026

A recent ruling by the Mumbai Income Tax Appellate Tribunal (ITAT) has provided significant clarity for property owners participating in redevelopment projects. The tribunal has held that compensation received from the transfer of redevelopment rights should be treated as ‘capital gains’ and not as ‘income from other sources’, potentially impacting thousands of redevelopment agreements across […]

ITAT Ruling Brings Tax Clarity to Redevelopment Rights Transfersmore

Mumbai’s Office Market Gains Momentum

July 15, 2026

Mumbai’s commercial real-estate market witnessed robust growth in the first half of 2026, with gross office leasing rising 33% year-on-year to 7.3 million sq ft, according to a report by Knight Frank India. The strong performance places the city among the country’s leading office destinations, driven by rising demand from global capability centres (GCCs), BFSI […]

Mumbai’s Office Market Gains Momentummore

Banke Capital Secures Exclusive Mandate for Dubai’s Grade A Samana Business Hub

July 10, 2026

Mumbai, July 2026: Banke Capital has secured the exclusive master agency rights for Samana Business Hub, a landmark Grade-A commercial development in Dubai, adding heft to its position as a leading cross-border real estate advisory and distribution firm. The mandate expands the company’s portfolio of exclusive international assignments while identifying India as one of the […]

Banke Capital Secures Exclusive Mandate for Dubai’s Grade A Samana Business Hubmore

IIM Bangalore–CRE Matrix GCC Rental Index Q1 CY’26: Hyderabad Emerges as India’s Highest-Priced GCC Office Market

June 28, 2026

Mumbai, 26th June 2026: The IIMB–CRE Matrix GCC Commercial Property Rental Index (GCC-CPRI) for Q1 CY’26 highlights the continued strength of India’s GCC-led office market, with leading office destinations recording healthy rental premiums and sustained occupier demand across the country’s expanding GCC ecosystem. The Pan-India GCC CPRI stood at 165 in Q1 CY’26 (Base: Q1 […]

IIM Bangalore–CRE Matrix GCC Rental Index Q1 CY’26: Hyderabad Emerges as India’s Highest-Priced GCC Office Marketmore

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