real estate news
Supreme Court Temporarily Halts GST Demand on Real Estate Projects
The Supreme Court has paused a GST tax demand on a real estate project, providing relief to developers and raising questions about the taxation of joint development agreements (JDAs). This decision could have significant implications for future city projects and housing costs.
Real Estate Mumbai
Supreme Court Stays GST Demand on Real Estate Joint Development Agreements
The Supreme Court has granted a temporary stay on GST demands related to joint development agreements (JDAs) in real estate, potentially reshaping the landscape for developers and landowners.
Real Estate
Supreme Court Grants Stay on GST Demand for Real Estate Joint Development Agreements
The Supreme Court has temporarily halted a Goods and Services Tax (GST) demand on a real estate project under a joint development agreement (JDA), a decision that could have significant implications for the real estate industry.
Real Estate Pune
Shriram Properties Launches Rs 700 Crore Housing Project in Hinjewadi, Pune
Shriram Properties has signed a Joint Development Agreement (JDA) to develop a 0.7 million square feet premium residential project in Hinjewadi, Pune, marking their second venture in the city.
Real Estate Pune
Shriram Properties Expands Pune Real Estate Market with ₹700 Crore Joint Development
Shriram Properties Limited (SPL) has announced a significant expansion in Pune's real estate market with a ₹700 crore Joint Development Agreement for a premium residential project in Hinjewadi. This marks the company's second venture in the city, aligning with its strategy for geographical diversification and capital-efficient growth.
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
K Raheja to Redevelop Mumbai's Iconic Famous Studios for ₹650 Crore
Famous Studios, a landmark property in South Mumbai that has been a hub for India's film, television, and advertising shoots since 1946, is set to change hands through a transaction valued at around ₹650 crore, as K Raheja Corp finalizes a joint development pact.
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 Expands in Mumbai with Joint Development of 3.5 Acres
Sunteck Realty, a prominent player in the real estate sector, has entered into a joint development agreement for a 3.5-acre land parcel in Mira Road, Mumbai. The project is expected to generate a significant sale component and add to the company's growing footprint in the city.
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
Mittal and HoABL Join Forces for Rs 20 Billion Housing Project in Naigaon
Mittal Builders and House of Abhinandan Lodha (HoABL) have announced a joint venture to develop a Rs 20 billion housing project in Naigaon, a key area in the Mumbai Metropolitan Region. This ambitious project aims to deliver over 4,600 apartments and 30 lakh sq ft of high-street retail space.
Real Estate
Puravankara Signs Joint Development Agreement for 5.5-Acre Project in East Bengaluru
Puravankara Group has entered into a Joint Development Agreement (JDA) for a 5.5-acre land parcel in Balagere, East Bengaluru, with a Gross Development Value (GDV) exceeding ₹1,000 crore. The project is expected to offer a saleable area of 0.83 million sq ft.
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 news
Raymond Realty's Strategic Expansion: A New Chapter in the Real Estate Market
Raymond Realty is set to list on stock exchanges following its demerger from Raymond Ltd, with plans to launch six new projects in the Mumbai Metropolitan Region and expand into the Pune residential market through joint development agreements.