Residents of Worli Koliwada in Mumbai are protesting after the Slum Rehabilitation Authority (SRA) issued notices to initiate termination of the current developer, who is handling major redevelopment projects on nearly six acres of prime land. These notices have sparked anger among residents, citing that they put long-awaited housing projects at risk. Mumbai redevelopment news: […]
India’s Real Estate Investment Trust (REIT) sector has reached a gross asset value of about ₹2.3 lakh crore, crossing Hong Kong’s REIT market in market capitalisation, a report by Anarock said. The equity market capitalisation of the country’s listed REITs now stands at around ₹1.66 lakh crore, it said. India’s REIT sector has reached a […]
The Maharashtra Real Estate Regulatory Authority (MahaRERA) stayed in focus through 2025 with a series of buyer-centric interventions. The year marked the first full calendar year under Chairman Manoj Saunik, who assumed office in September 2024. MahaRERA update: The Maharashtra Real Estate Regulatory Authority stayed in focus through 2025 with a series of homebuyer-centric interventions. […]
Mumbai next month with a revenue potential of about ₹3,000 crore, a top company official said. Keystone Realtors plans to launch ₹3K cr worth ultra luxury housing project in Mumbai next month, Boman Irani, Chairman and Managing Director of the company said. Mumbai-based Keystone Realtors, which sells properties under Rustomjee brand, is one of the […]
Surat-based Amit Rastogi booked an under-construction flat for ₹85 lakh. The developer levied GST at 5% on each installment, increasing the overall cost of the property. Since the value exceeded ₹50 lakh, Amit was also required to deduct 1% TDS on every payment and deposit it using Form 26QB. Before buying a property, homebuyers should […]
Riya Ghosh, 32, inherited a flat from her father in 2022, which he had originally bought in 2005 for ₹25 lakh. She sold the property in 2025 for ₹1.2 crore. Under the amended law, she now has to compute her long-term capital gains in two ways and pay tax on the lower amount. In the […]
Hyderabad’s real estate market recorded a 25% YoY increase in property registrations in November 2025, with 6923 homes worth ₹4904 crore registered during the month, according to Inspector General of Registration (IGR) data accessed by Knight Frank India. Hyderabad real estate: Demand for premium housing remains strong, with registrations for homes above ₹1 crore surging […]
Union Home Minister Amit Shah, on December 19, said that the Real Estate (Regulation and Development) Act (RERA) has helped streamline the real estate sector, while also safeguarding the interests of homebuyers. Union Home Minister Amit Shah said on December 19 that RERA has helped streamline the real estate sector while safeguarding the interests of […]
Real estate industry body, the Confederation of Real Estate Developers’ Associations of India, has urged the government to revisit the definition of affordable housing and extend tax incentives to developers in the Union Budget 2026. It said the existing price cap of ₹45 lakh is no longer realistic and should either be scrapped or raised […]
India’s flexible workspace segment is projected to grow to $9–10 billion by 2028, nearly tripling from the current $3–4 billion, driven largely by the rapid expansion of Global Capability Centres (GCCs), according to a joint report by Smartworks Coworking Spaces and UnearthIQ. India’s flex workspace market is set to reach $9–10 billion by 2028, nearly […]
