Meera Soni, 35, a doctor, owns a two-storey building in Pune. She uses the ground floor as her clinic and lives on the upper floor. The total value of the property, excluding the land value, is ₹80 lakh. Since half of the property is used for professional purposes, she can claim depreciation on that portion […]
The Mumbai real estate market is expected to record approximately 11,200 property registrations in October 2025, a 14% decline compared to 13,200 units during the same period last year. Additionally, stamp duty collections reached ₹1,004 crore, a 17% decline compared to ₹1,205 crore during the same period last year, according to Maharashtra IGR data. Mumbai […]
Bengaluru-based real estate developer Shriram Properties Limited (SPL) on October 30 announced that it has entered into a Joint Development Agreement (JDA) to develop a 0.7 million sq ft mixed-use project near Pune Bengaluru-based real estate developer Shriram Properties Limited (SPL) on October 30 announced that it has entered into a Joint Development Agreement (JDA) […]
Two decades ago, when most middle-class families in Delhi-NCR were investing in gold or modest flats, one family made an unconventional move, purchasing three bighas of farmland in Noida for ₹6 lakh. Nearly 20 years later, that land and its reinvestments are now worth over ₹5 crore. A user on Reddit shared how his parents’ […]
Driven by the desire for space and privacy, Bengaluru buyers are swapping high-rises for villaments, luxury homes that offer the feel of a villa with the convenience of an apartment. NoBroker data shows demand jumped 37% in Q3 2025, far outpacing the 13% rise in regular apartment demand. “The spike is driven primarily by end-users […]
Elon Musk’s satellite internet venture, Starlink Satellite Communications Private Limited, has leased a 1,294 sq ft office space in Mumbai’s Chandivali area for five years, at a total rent of ₹2.33 crore, according to property registration documents accessed by Propstack. The space has been leased in the same building where Bollywood actor Hrithik Roshan and […]
The Pune real estate market registered 13,557 property transactions in September 2025, representing a 23% increase from 11,056 in the same month last year. According to Maharashtra IGR data, stamp duty collections rose 3% year-over-year to ₹523 crore in September 2025, up from ₹508 crore in the same month a year ago. On a month-on-month […]
The Bombay High Court recently intervened to stop the division of a 620 sq ft apartment into two units in a suburban Mumbai housing society, agreeing with the society’s claim that the split was carried out ‘illegally’. The interim order was issued after the housing society approached the court, alleging that one of its members […]
Real estate developers from associations including CREDAI-MCHI, NAREDCO, BDA, and PEATA met with Brihanmumbai Municipal Corporation (BMC) Chief Bhushan Gagrani on October 24 to discuss key sector challenges and proposed a rationalised premium payment plan under a 10:10:80 structure. Among the key recommendations made during the interaction was a call to rationalise the premium payment […]
As redevelopment gains pace across Mumbai, some developers on small land parcels are offering apartments without dedicated parking. Experts note this is not necessarily a shortfall, as the Mumbai Civic Body often relaxes parking requirements for redevelopment on smaller plots. However, they advise buyers to consider apartments with parking, even if they do not currently […]
