Joint tax filing for couples? ICAI’s Budget vision proposes reshaping home loan, rental tax math

The Institute of Chartered Accountants of India (ICAI) has proposed introducing a joint taxation system for spouses, under which married couples could file a single income tax return by combining their incomes and applying revised tax slabs. Under such a regime, rental income from property would be taxed at the household level rather than being […]

Nearly half of India’s wealthy expect luxury housing market to moderate in FY27

Demand for luxury residential real estate is expected to moderate in 2026–27, with nearly 56 per cent of HNIs and UHNIs anticipating a a cooling market in FY27. According to a survey by India Sotheby’s International Realty, equities remain the top investment choice, favoured by 67 per cent of respondents, followed closely by physical real […]

Rakesh Roshan sells a 1.09-hectare Pune land parcel for ₹15 crore| Entertainment News

Bollywood actor Hrithik Roshan’s father, Rakesh Roshan, has sold a 1.09-hectare plot in Pune district for ₹15 crore, registration documents accessed by CRE Matrix, a real estate data analytics firm, showed. Hrithik Roshan’s father, Rakesh Roshan, has sold a 1.09-hectare plot in Pune district for ₹15 crore. (File) The Deed of Conveyance between Rakesh Roshan […]

Budget 2026 real estate expectations: Credai urges government to launch National Mission on Rental Housing

Ahead of Budget 2026, the Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged the government to launch a national rental housing mission, proposing tax incentives for both developers and tenants. In its Budget wishlist, the association has also reiterated its demand to revise the area norms and the ₹45 lakh price cap […]

Vanishing balconies in Delhi-NCR, Bengaluru: Here’s why urban homes are forced to shrink open spaces

As buildings touch the skies, apartment sizes shrink, and towers get packed so tightly that a neighbour just a few feet away can peer straight into your living room, the once-simple pleasure of stepping out for a quiet cup of tea on the balcony is steadily losing its charm. Worsening air quality, particularly in NCR […]

Mumbai’s 140-year-old Capitol Cinema building gets new owner, set for heritage-compliant restoration

The heritage structure housing the 140-year-old Capitol Cinema, located opposite Chhatrapati Shivaji Maharaj Terminus (CSMT), has a new owner and is set to undergo repairs and renovation in accordance with heritage conservation norms. Inorbit, owned by the K Raheja Group, has acquired Nadir Company Private Limited, the leaseholder of the iconic Mumbai property, according to […]

Brookfield-backed firm renews bank guarantee to stay in race for IL&FS office premise

New Delhi, Jan 23 (PTI) Brookfield-backed Chronos Properties has renewed a ₹148 crore bank guarantee to stay in the race for acquiring the flagship Bandra Kurla Complex property of Infrastructure Leasing and Financial Services (IL&FS). Brookfield-backed firm renews bank guarantee to stay in race for IL&FS office premise (Photo for representational purposes only) (Unsplash) In […]

Can real estate investors without registered sale agreements seek RERA relief for delayed possession?

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has dismissed multiple complaints against a stalled project near Mumbai, holding that investors relying on investment documents cannot seek relief under the Real Estate (Regulation and Development) Act, 2016, in the absence of a duly executed and registered agreement for sale. Mumbai real estate update: MahaRERA has dismissed […]