A dispute over a plot of land in Agripada, Mumbai, between a real estate and a pharmaceutical company led to a violent clash, resulting in the arrest of 41 individuals.
Property DisputeAgripadaSecurity GuardsReal EstatePharmaceutical CompanyReal Estate NewsMay 18, 2025
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The City and Industrial Development Corporation (CIDCO) has significantly hiked property transfer fees, a move that is expected to have a substantial impact on the real estate market in Navi Mumbai. This decision will likely lead to increased costs for property buyers and developers.
The government is considering options to address concerns of stakeholders in the real estate sector, including a possible grandfathering clause, to alleviate the impact of the long-term capital gains (LTCG) tax.
Mumbai Real Estate: Ayushmann Khurrana and his wife have decided to rent out their 2200 sq ft luxury apartment in Imperial Heights Tower CHS Ltd, located in Goregaon West, for ₹90,000 per month.
The I-T department has provided clarity on the acquisition cost of real estate properties purchased before 2001 for LTCG calculations, which is now taxed at 12.5%.
In a significant move, the Maharashtra government has decided to shut down the LBT (Local Body Tax) Department, a decision that has been widely welcomed by trade associations. This move is expected to streamline tax collection processes and reduce adminis
Mumbai and Bengaluru are leading the way in India's robust office market, which is expected to drive further REIT listings beyond 2025.