Real Estate
Justice Khata Clamps Down on Frivolous Estate Claims, Upholding Judicial Integrity
In a significant ruling, the Bombay High Court, led by Justice Kamal Khata, has dismissed a Chamber Summons filed by applicants seeking intervention in a testamentary dispute. The Court imposed exemplary costs of ₹25,00,000, emphasizing the need for efficient estate management and deterring frivolous litigation.
Real Estate Mumbai
Court Clamps Down on Frivolous Litigation: Justice Khata Imposes Costs for Estate Misuse
The Bombay High Court, in a significant ruling, dismissed a Chamber Summons filed by applicants seeking intervention in a testamentary dispute. The court imposed a hefty cost of ₹25,00,000 for misusing judicial proceedings and tampering with sealed premises.
Real Estate Maharashtra
Stability Ahead: India's Real Estate Market Poised for Balanced Growth Post 2024 Surge
Following a 21% price surge in 2024, India's real estate market is set for a period of stable growth, driven by sustained demand and rising input costs. Key cities are expected to see continued development and investment.
Real Estate
Affordable Housing in Peripheral Areas to Benefit from GST Rate Cuts, Experts Say
The recent GST cuts for ancillary industries have raised hopes that developers may eventually pass on cost savings to homebuyers, particularly in affordable housing projects in peripheral areas.
Real Estate
GSA Rehires Hundreds of Federal Employees Laid Off by DOGE
The General Services Administration (GSA) is reversing course and rehiring hundreds of federal employees who were laid off as part of Elon Musk’s cost-cutting measures, addressing the agency's understaffing and operational challenges.
real estate news
Why GST Cuts Won't Immediately Lower Home Prices
The new Goods and Services Tax (GST) regime has raised hopes for affordable housing, but experts warn that homebuyers may need to wait several months before seeing any real price benefits. The complexity of the real estate industry and the fact that land costs are not covered by GST make the impact less straightforward.
real estate news
Developers Eye Festival Season and GST Cuts to Revive Housing Sales
Real estate developers are optimistic about the festive season and recent GST cuts, hoping these factors will rejuvenate the housing market and drive demand.
Real Estate
New GST Regime: Cheaper Homes May Take Months to Materialize
The new Goods and Services Tax (GST) regime has brought hopes of more affordable housing. However, experts caution that homebuyers may need to wait several months before they see any real price reductions.
Real Estate
Will Buying a House Get Cheaper with GST Rate Cuts Taking Effect on Navratri 2025?
The GST Council’s decision to cut tax rates on key construction materials like cement, granite, and marble is expected to lower project costs for developers and provide some relief to homebuyers from September 22, 2025.
Real Estate
GST 2.0 Reforms: Cutting Construction Costs and Boosting Indian Real Estate from September 22
The Indian government's Next-Gen GST Reforms, effective from September 22, 2025, aim to simplify the tax framework and significantly boost the real estate sector by reducing construction costs and enhancing project viability.
real estate news
GST 2.0 Reforms from September 22 to Cut Construction Costs and Boost Indian Real Estate
The Indian government's Next-Gen GST Reforms, set to be implemented from September 22, 2025, aim to simplify the tax framework and significantly boost the real estate market. By reducing GST on construction materials, these reforms are expected to make housing more affordable and enhance market stability.
real estate news
Punjab RERA Orders Zirakpur Developer to Pay ₹1.25 Lakh Compensation
The Punjab Real Estate Regulatory Authority (RERA) has directed Gunjan Land Developers in Zirakpur to pay ₹1.25 lakh as compensation and litigation costs to two homebuyers from Amritsar. The developer failed to deliver possession of a flat and did not refund the full amount despite a settlement agreement.
Real Estate Mumbai
Homebuyers Await GST Benefits as Real Estate Sector Seeks Clarity
Homebuyers may have to wait to benefit from reduced GST rates on construction materials, as real estate industry leaders await clarity from cement manufacturers. The potential cost reductions could be significant, but the impact is expected to be felt only in October.
Real Estate
GST 2.0 Reforms to Reduce Construction Costs and Boost Housing Demand from Sept 22
The Indian government's 'Next-Gen GST Reforms' aim to simplify the tax structure and are expected to provide a significant boost to the residential, retail, and office real estate sectors by reducing construction costs and improving project viability.
real estate news
Selling Homes to Fund Education: A Risky Proposition
In today's market, the traditional strategy of using real estate to fund higher education carries significant risks. Property values have stagnated, while education costs continue to soar.
Real Estate Pune
India's Office and Workspace Real Estate Gains Momentum from GST Cuts on Construction Materials
The Indian office and workspace market is experiencing robust growth, driven by demand from Global Capability Centres, IT services, and flexible workspaces. Recent GST cuts on construction materials are expected to further boost this sector, making new projects more attractive and affordable.
real estate news
India's Office and Workspace Real Estate Gains from GST Cuts on Construction
Bengaluru, NCR, Hyderabad, and Pune lead the expansion of India's office and workspace market, driven by demand from GCCs, IT services, and flexible workspaces. Recent GST cuts on construction materials are expected to boost the sector further.
Real Estate Mumbai
India's 6 Most Expensive Cities to Live In 2025 – Where Does Your City Rank?
Real estate prices in premium areas like Malabar Hill, Bandra, and South Mumbai exceed ₹1,00,000 per sq. ft. Rentals for mid-sized apartments often run into several lakhs per month, making these cities some of the most expensive in India.
Real Estate
India's 6 Most Expensive Cities to Live In (2025) – Where Does Your City Rank?
Real estate prices in premium areas like Malabar Hill, Bandra, and South Mumbai exceed ₹1,00,000 per sq. ft. Rentals for mid-sized apartments in these cities are soaring, making them some of the most expensive places to live in India.
real estate news
India's Real Estate Boom: How Rising Home Prices Are Affecting the Lower Middle Class
Rising home prices in India's major cities are outpacing income growth, pushing many lower middle-class families out of the property market and into the rental sector.