News

Navi Mumbai Plots Now Eligible for Freehold Conversion

Real Estate Mumbai

Navi Mumbai Plots Now Eligible for Freehold Conversion

The City and Industrial Development Corporation (CIDCO) has introduced a new policy allowing Navi Mumbai plots to be converted to freehold. This move eliminates transfer fees for subsequent property transfers, enhancing housing rights and property ownership in the region.

July 17, 2025
Read Article
CIDCO Introduces Freehold Conversion for Navi Mumbai Plots

Real Estate

CIDCO Introduces Freehold Conversion for Navi Mumbai Plots

CIDCO, the City and Industrial Development Corporation, has announced a groundbreaking policy allowing the conversion of leasehold plots to freehold in Navi Mumbai. This move is expected to boost the real estate sector and provide property owners with greater rights and security.

July 14, 2025
Read Article
Mumbai Real Estate: Weighing the Risks of Leasehold vs Freehold Apartments

Real Estate

Mumbai Real Estate: Weighing the Risks of Leasehold vs Freehold Apartments

As Mumbai's luxury real estate market expands, the debate over leasehold versus freehold properties intensifies. Legal experts advise homebuyers to carefully review lease deeds to avoid future complications.

July 10, 2025
Read Article
New GST notices on leasehold land transfers raise real estate concerns

Real Estate Maharashtra

New GST notices on leasehold land transfers raise real estate concerns

New GST notices on leasehold land transfers have raised concerns in the real estate sector.

September 6, 2024
Read Article
GST Notices on Leasehold Land Transfers Raise Real Estate Concerns

Real Estate Mumbai

GST Notices on Leasehold Land Transfers Raise Real Estate Concerns

New GST notices on leasehold land transfers are causing concerns in the real estate sector. The notices have been issued by the tax authorities, and they are seeking clarification on the tax implications of such transfers.

September 4, 2024
Read Article
Maharashtra Offers Reduced Rates for Leasehold to Freehold Conversion for Housing Societies

Real Estate Maharashtra

Maharashtra Offers Reduced Rates for Leasehold to Freehold Conversion for Housing Societies

The Maharashtra government has reinstated benefits for converting leasehold plots to freehold, offering landowners a chance to secure ownership more affordably.

August 6, 2024
Read Article