Makrand Narwekar of the BJP, the richest candidate contesting the 2026 BMC polls from south Mumbai, is an active real estate investor who has been steadily acquiring land parcels in Alibaug, a second-home destination near Mumbai. BMC Election 2026: Makrand Narwekar of the BJP, the richest candidate contesting the 2026 BMC polls from south Mumbai, […]
India’s richest civic body, the Brihanmumbai Municipal Corporation (BMC), is set to go to the polls on January 15, along with several other municipal corporations across Maharashtra. For Mumbai’s real estate developers, however, the spotlight is on January 16, when the results are announced. Experts say that the city’s property market may see a surge […]
Rohit Nag, 34, based in Kolkata, has a home loan of ₹40 lakh. As the financial year-end approached, he wanted to maximise his tax benefits under Sections 80C and 24(b). He made a partial prepayment of ₹2 lakh, calculated to fully utilise the remaining interest deduction under Section 24(b), allowing him to claim the maximum […]
Bengaluru-based Prestige Group announced that its company, Canopy Living LLP, a joint venture between Prestige Estates Projects Limited and Arihant Foundations and Housing Limited, has signed an Agreement to Sell for the purchase of a land parcel measuring 16.381 acres located in Padi, Chennai. Chennai real estate update: Bengaluru-based Prestige Group announced that its company, […]
India’s Real Estate Investment Trust (REIT) market remains at a nascent stage, with REITs accounting for only 19% of the country’s listed real estate value, compared to a global average of 57%. While this gap highlights India’s relative under-penetration, it also signals substantial headroom for long-term growth as the market matures and diversifies, according to […]
Mumbai-based Windsor Realty has concluded a ₹283 crore office acquisition in Santacruz, close to the Bandra-Kurla Complex (BKC), as part of a move to consolidate ownership under a single entity. The transaction comprises nine office units with a total carpet area of 42,340 sq ft and was carried out through an internal deal involving three […]
The Enforcement Directorate on Jan 9 filed a chargesheet against a promoter of Gurugram-based realty firm and some others as part of a money laundering probe into an alleged fraud with homebuyers under the Pradhan Mantri Awas Yojana (PMAY). The ED has filed a chargesheet against a promoter of Gurugram-based realty firm and others as […]
Mumbai’s housing market closed 2025 on a steady note, recording a 1% year-on-year rise in sales to 97,188 units, with momentum strengthening in the second half as transactions grew 3% YoY to 50,153 units, according to a report by Knight Frank India. Mumbai real estate update: The city’s housing market closed 2025 on a steady […]
Salman Khan’s brother-in-law and Bollywood actor-producer Atul Agnihotri is entering real estate development, with his firm Shivansai Homemaker Infra LLP set to redevelop an old Bandra building in Mumbai, according to property registration documents accessed by Liases Foras. Mumbai redevelopment news: Bollywood actor and producer Atul Agnihotri, Salman Khan’s brother-in-law, has ventured into real estate […]
New Delhi, Jan 8 (PTI) The Special Window for Affordable and Mid-Income Housing, a government-backed stress fund, has successfully completed over 61,000 homes in stalled projects till December 15. SWAMIH fund has successfully completed over 61,000 homes in stalled projects till December 15, the finance ministry said in a statement. (Photo for representational purposes only) […]
