Real Estate
Raymond Realty Launches New Subsidiary to Boost Real Estate Projects
Raymond Realty has announced the formation of a wholly owned subsidiary, Chembur Realty Limited (CRL), to explore new real estate projects, particularly focused on redevelopment. This strategic move aims to expand the company's portfolio and mitigate project-specific risks.
Real Estate
Bombay High Court Issues Warning on Misuse of Public Land in 33-Acre SRA Redevelopment
The Bombay High Court has raised concerns over the potential misuse of public land in a 33-acre SRA redevelopment project in Cuffe Parade, Mumbai, emphasizing the need for transparency and constitutional compliance.
Real Estate
Noida Authority to Review Builder Compliance and Real Estate Projects in October Meeting
The Noida Authority will convene on October 3 to review more than 20 proposals, including a unified policy for allotments, payment schedules, and builder compliance. The board will also assess real estate project delivery status and discuss other key issues.
real estate news
Income Tax Department Targets Tax Evasion in Joint Development Agreements
The Income Tax Department is launching a drive to target individuals who entered into joint development agreements but failed to pay the requisite capital gains tax. The campaign aims to encourage compliance and reduce tax evasion in real estate transactions.
Real Estate
Navigating RERA: 10 Essential Rules for Real Estate Developers in India
The Real Estate (Regulation and Development) Act, 2016 (RERA) has revolutionized India's real estate sector by introducing stringent legal safeguards and compliance requirements for developers. This article outlines 10 pivotal RERA rules that developers must adhere to for legal compliance and market credibility.
Real Estate
GSTN Introduces Key Changes in Invoice Management System for October 2025
The Goods and Services Tax Network (GSTN) has announced significant changes in the Invoice Management System (IMS) to simplify the taxation process and reduce compliance burdens for businesses. These changes will be effective from the October 2025 tax period.
real estate news
Buying a Home with Your Spouse? Ensure Documents Reflect Joint Contributions for Tax Compliance
When buying a home with your spouse, it's crucial to ensure that all documents reflect both spouses' contributions to avoid tax disputes and ensure legal protection.
Real Estate
Buying a Home with Your Spouse? Ensure Documents Reflect Both Contributions
When purchasing a home with your spouse, it's crucial to ensure that all documents reflect both spouses' contributions to avoid tax disputes and legal issues. Here’s how to do it right.
Real Estate
Goa Real Estate Regulatory Authority Orders Firm to Refund Rs 5 Lakh Booking Amount
The Goa Real Estate Regulatory Authority (GRERA) has directed a real estate firm to refund Rs 5 lakh booking amount to complainants within 30 days. The firm is also required to pay 10.85% interest and Rs 2 lakh in costs.
real estate news
Goa Real Estate Firm Ordered to Refund Rs 5 Lakh Booking Amount to Complainants
The Goa Real Estate Regulatory Authority (GRERA) has directed a real estate firm to refund Rs 5 lakh to complainants within 30 days, along with interest and costs, after the firm failed to honor its promise.
Real Estate Mumbai
Real Estate Investment: 8 Major Challenges and How to Safeguard Your Returns
Real estate investment requires not just spotting opportunities but also anticipating obstacles. This article explores eight of the most pressing challenges in real estate investment, along with concrete strategies to safeguard your returns.
real estate news
Unified RERA Portal: A Game-Changer for India’s Real Estate Market
The Ministry of Housing and Urban Affairs has launched a unified Real Estate Regulatory Authority (Rera) portal, integrating data from all states and union territories. This initiative aims to enhance transparency, accountability, and efficiency in the real estate sector, boosting investor confidence and protecting homebuyers.
Real Estate Mumbai
Mumbai's Willingdon Society Residents Face Rs 35 Crore Penalty for Irregular Construction
Residents of the Willingdon View Cooperative Housing Society in Tardeo, Mumbai, have been ordered to pay a substantial penalty of Rs 35 crore to the Brihanmumbai Municipal Corporation (BMC) to regularize their building. This move underscores the civic administration's commitment to enforcing planning norms and addressing irregular construction.
real estate news
GST Reduction on Cement: A Game-Changer for the Real Estate Sector
The Confederation of Real Estate Developers' Associations of India (CREDAI) has praised the government's decision to reduce the GST rate on cement from 28% to 18%, predicting a significant boost in the real estate sector.
Real Estate
GST 2.0: A Game-Changer for the Real Estate Sector
The introduction of GST 2.0 aims to reduce construction costs and simplify tax compliance, benefiting both homebuyers and developers in the real estate market.
real estate news
Building Trust Through Compliance: How RERA is Reshaping India's Real Estate Market
The Real Estate (Regulation and Development) Act, 2016 (RERA) has transformed India's housing market by enforcing transparency, escrow norms, and statutory disclosures, making the industry more reliable and customer-focused.
real estate news
NRI Guide: 6 Essential Factors to Consider Before Investing in Indian Real Estate
Non-Resident Indians (NRIs) must carefully evaluate key factors such as purpose, costs, property management, and tax implications before investing in real estate back home. Stamp duty can range from 4–10% of the property's market value, and other expenses like registration fees and brokerage must also be factored in.
Real Estate
Income Tax Act, 2025: Key Changes for Taxpayers, Businesses, and Property Owners
The Income Tax Act, 2025 brings significant changes for individual taxpayers, businesses, and property owners. It aims to simplify tax compliance, enhance transparency, and promote digitalization in the tax ecosystem.
Real Estate
GST 2.0 to Transform the Real Estate Sector with Simplified Compliance and Lower Costs
The introduction of GST 2.0, with its simplified two-slab structure, is expected to reduce input costs, streamline compliance, and boost the real estate sector by making housing more affordable and accessible.
Real Estate Maharashtra
MahaRERA Takes Strong Action: Suspends 4,812 Housing Projects, Freezes Developer Accounts
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended 4,812 housing projects and frozen developer accounts due to non-compliance with regulations. Property registration departments have been instructed to block sales until compliance is achieved.