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.
real estate news
Raymond Group Targets Doubling Real Estate Revenue in 5 Years
Raymond Group, a leading conglomerate, aims to double the topline of its real estate business to Rs 4,000 crore over the next five years, driven by strategic demergers and new projects.
Real Estate
Key ITAT Rulings on Real Estate Joint Development: A Comprehensive Analysis
A detailed look at the ITAT (Income Tax Appellate Tribunal) rulings that define the parameters of cooperation between landowners and developers in real estate joint development projects.
Real Estate Mumbai
SAM Legal Advises Sobo Estate on Strategic Joint Development Partnership with Macrotech
Sobo Estate Private Limited, a prominent real estate developer based in Mumbai, has entered into a strategic partnership with Macrotech Developers to develop a premium township project in Alibaug. SAM Legal, a leading law firm, has provided comprehensive legal advice to Sobo Estate on this joint development venture.
Real Estate Pune
SAM Legal Advises on Sobo Estate's Joint Development with Macrotech for Alibaug Township Project
Macrotech Developers Limited, formerly known as the Lodha Group, has entered into a joint development agreement with Sobo Estate for the Alibaug Township Project. SAM Legal Services provided comprehensive legal advice and support for the project, ensuring a smooth and legally sound partnership.
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.