real estate news
Brigade Enterprises Expands in Chennai with ₹1,000 Crore Joint Development Agreement
Brigade Enterprises has signed a joint development agreement for a 6.6-acre land parcel in West Chennai, marking a significant expansion in one of its key markets. The project, with an estimated gross development value of ₹1,000 crore, is set to launch in 2026.
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
Bombay High Court Ruling on JDAs: A Boon for Real Estate Developers and Homebuyers
The Bombay High Court's decision that GST will apply only at the property transfer stage in joint development agreements (JDAs) is expected to ease financial burdens, enhance project viability, and provide greater pricing predictability for homebuyers.
Real Estate Mumbai
Bombay High Court Exempts Real Estate Developers from GST in Joint Development Agreements
The Bombay High Court’s Goa bench has ruled that no goods and services tax (GST) is payable on construction services under a joint development agreement (JDA) once the developer becomes the owner of the property through conveyance. This ruling provides much-needed clarity for developers in land-constrained markets.
Real Estate Mumbai
Sunteck Realty Signs Rs 12-Billion Joint Development Agreement for Mira Road Project
Sunteck Realty has signed a Joint Development Agreement (JDA) for a Rs 12-billion residential project on Mira Road, marking a significant milestone in Mumbai's real estate development.
Real Estate Mumbai
Sunteck Realty Signs JDA for Luxury Project in Mira Road, Mumbai
Sunteck Realty has inked a joint development agreement for a 3.5-acre land parcel in Mira Road, near Mumbai, aiming to create a premium lifestyle destination with robust infrastructure and connectivity.
Real Estate Mumbai
Sunteck Realty Unveils ₹1,200 Crore GDV JDA Project on Mira Road, Mumbai
Sunteck Realty Ltd (SRL) announces a joint development agreement (JDA) for a 3.5-acre project on Mira Road, near Mumbai, with a development potential of 5.5 lakh sq ft and an estimated GDV of ₹1,200 crore.
Real Estate Mumbai
Sunteck Realty Partners to Develop Rs 1,200 Crore Housing Project in Mira Road, Mumbai
Sunteck Realty, a prominent real estate developer, has entered into a joint development agreement to build a 3.5-acre housing project with an estimated value of Rs 1,200 crore in Mira Road, Mumbai. This marks the company's second major project in the region.
real estate news
Top Land Deals in 2025: Godrej Properties to Adani Realty
India's real estate sector saw significant land transactions in 2025, with major players like Godrej Properties, Adani Realty, and Lam Research making high-value deals. These transactions span various sectors including manufacturing, logistics, and digital infrastructure.
Real Estate
Embassy Developments Signs Joint Development Agreement for Premium Residential Project in Bengaluru
Embassy Developments, a leading real estate developer in India, has entered into a joint development agreement for a 17.9-acre plot in Whitefield, Bengaluru. The project, expected to have a gross development value of Rs 1,600 crore, will feature approximately 1.6 million square feet of saleable area with around 1,000 apartments.
Real Estate Pune
Macrotech Developers Secures Rs 165.3 Crore JDA for Pune Plot
Macrotech Developers, a leading real estate developer, has secured a Rs 165.3 crore Joint Development Agreement (JDA) for a plot in Pune. This strategic move is expected to bolster the company's presence in one of India's fastest-growing cities.
Real Estate Mumbai
Raymond Expands Real Estate Footprint with Mahim Project Deal
Raymond, in a strategic move, has signed a Joint Development Agreement for a prestigious residential project in the prime location of Mahim West, Mumbai.
Real Estate Pune
Kolte Patil Developers Sees 4% Gain After Pune Residential Project Pact Worth ₹4000 Crore
Real estate player Kolte-Patil Developers Ltd announced the signing of a joint development agreement for a residential project in Pune, valued at ₹4000 crore. The news has boosted the company's shares, leading to a 4% gain in the market.
real estate news
Mahindra Lifespaces inks Joint Development Pact for 37-Acre Plot in Bhandup, Mumbai
Mahindra Lifespaces, a prominent player in the real estate sector, has signed a joint development agreement for a 37-acre land parcel in Bhandup, Mumbai. This strategic move is expected to boost the company's residential and commercial projects in the reg
Real Estate Mumbai
Mahindra Lifespaces Signs Joint Development Agreement for Mumbai Real Estate Project
Mahindra Lifespaces, a prominent listed real estate developer, has entered into a joint development agreement for a significant land parcel in Mumbai's Bhandup area. The agreement highlights the development potential of 3.6 million square feet, marking a
Real Estate Pune
Shriram Properties Stock Soars 7% After Acquiring 6-Acre Land in Pune
Shares of Shriram Properties, a prominent South India-based real estate developer, jumped nearly 7% after the company signed a Joint Development Agreement (JDA) for a 6-acre land parcel in Pune. The project has a revenue potential of Rs. 700-750 crore.
Real Estate Pune
Shriram Properties JDA for Pune's Prime 6-Acre Land Parcel
Shriram Properties Limited, a prominent player in the residential real estate market, has entered into a Joint Development Agreement (JDA) for a prime 6-acre land parcel in Pune. This strategic move is expected to bolster their portfolio and enhance their
Real Estate Pune
Shriram Properties Boldly Expands into Pune with New Joint Development Agreement
Shriram Properties Limited (SPL), a prominent residential real estate developer, has ventured into Pune with a new Joint Development Agreement for a 6-acre plot. This strategic move underscores SPL's commitment to expanding its footprint in key Indian cit
real estate news
GST Framework for Real Estate Sector Remains Unchanged Amid Ongoing Discussions
The Group of Ministers (GoM) of the GST Council convenes in Goa to review tax structure affecting the real estate sector, focusing on joint development agreements (JDAs) and affordable housing.
Real Estate
GST Relief for Real Estate Sector: GoM Remains Unconvinced
The Group of Ministers (GoM) of the Goods and Services Tax (GST) Council is not in favor of providing relief to the real estate sector with regard to tax incidence on collaborative ventures between developers and land owners.