News

ITAT Rules: Interior and Utility Costs Count as Acquisition Cost for Residential Property

Real Estate

ITAT Rules: Interior and Utility Costs Count as Acquisition Cost for Residential Property

The Income Tax Appellate Tribunal (ITAT) in Chennai has ruled that expenses on interior works and essential utility connections can be included in the cost of acquisition of a new residential property, qualifying for exemption under Section 54 of the Income Tax Act, 1961.

August 29, 2025
Read Article
Kalpataru Pre-Sales Surge by 41% to Rs 4,531 Crore in FY25

Real Estate Mumbai

Kalpataru Pre-Sales Surge by 41% to Rs 4,531 Crore in FY25

Mumbai-based real estate developer Kalpataru Ltd. reported a 41% increase in pre-sales to Rs 4,531 crore in FY25, driven by robust demand for residential properties. The company launched seven new projects and signed deals for redevelopment projects, contributing to its net profit of Rs 21.62 crore.

July 20, 2025
Read Article
Gurgaon Real Estate: Prices Surging but Stability Expected

real estate news

Gurgaon Real Estate: Prices Surging but Stability Expected

Gurgaon's residential real estate market has seen a significant surge in prices over the last two years. However, experts predict that the market will stabilize in the near future, making it a crucial time for potential buyers to consider their options.

July 18, 2025
Read Article
Pune's Residential Real Estate Market Faces Sticker Shock and Consolidation

real estate news

Pune's Residential Real Estate Market Faces Sticker Shock and Consolidation

Pune's residential real estate market is experiencing a consolidation phase due to rising prices and increasing home sizes, leading to a 45% deterioration in affordability. Sales and new launches have also seen a decline.

July 10, 2025
Read Article
Rising Prices and Political Tensions Drag Down Housing Sales in Major Indian Cities

Real Estate Pune

Rising Prices and Political Tensions Drag Down Housing Sales in Major Indian Cities

Residential property sales in India's top seven markets declined by 20% year-on-year in April-June 2025, primarily due to soaring prices and political tensions.

June 26, 2025
Read Article
DLF to Launch Luxury Housing Project in Mumbai Worth Rs 2,500 Crore

real estate news

DLF to Launch Luxury Housing Project in Mumbai Worth Rs 2,500 Crore

India’s largest real estate firm, DLF Ltd, is set to enter the Mumbai housing market with a luxury project worth Rs 2,500 crore, launching in the next two weeks.

June 22, 2025
Read Article
K Raheja Corp: A Strategic Focus on Residential Property Growth

real estate news

K Raheja Corp: A Strategic Focus on Residential Property Growth

Mumbai-based real estate developer K Raheja Corp is aggressively expanding its residential property portfolio, aiming to be a leader in every segment from premium to ultra-luxury.

June 15, 2025
Read Article
Mumbai Real Estate: Property Registrations Drop 4% in May 2025, Stamp Duty Collections Rise 3%

Real Estate

Mumbai Real Estate: Property Registrations Drop 4% in May 2025, Stamp Duty Collections Rise 3%

Mumbai's real estate market experienced a 4% decline in property registrations in May 2025, with 11,565 properties registered compared to 12,000 in the same period last year. Despite this, stamp duty collections saw a 3% increase.

June 1, 2025
Read Article
Mumbai's Luxury Real Estate Market Sees Second-Costliest Deal at Rs 2.83L per Sq Ft

Real Estate

Mumbai's Luxury Real Estate Market Sees Second-Costliest Deal at Rs 2.83L per Sq Ft

Leena Gandhi Tewari, chairperson of USV, has sealed the second-most expensive residential deal in Mumbai, purchasing two duplex apartments for Rs 639 crore. The rate of Rs 2.83 lakh per sq ft highlights the growing interest of ultra-high-net-worth individuals (UHNIs) in luxury real estate.

May 29, 2025
Read Article
Why NRIs Should Invest in Residential Property in Bangalore Now

Real Estate

Why NRIs Should Invest in Residential Property in Bangalore Now

Bangalore's real estate market has shown consistent growth, making it an attractive investment for NRIs. Discover why now is the right time to buy residential property in Bangalore.

May 27, 2025
Read Article
Mumbai Property Registrations Surge 8% to Nearly 53,000 Units in Jan-Apr: Anarock Report

Real Estate Mumbai

Mumbai Property Registrations Surge 8% to Nearly 53,000 Units in Jan-Apr: Anarock Report

Despite global economic headwinds and geopolitical uncertainties, Mumbai's real estate market has shown remarkable resilience, with property registrations jumping 8% to nearly 53,000 units in the first four months of 2023, according to Anarock's latest report.

May 1, 2025
Read Article
Understanding GST on Rent for Residential and Commercial Properties

Real Estate

Understanding GST on Rent for Residential and Commercial Properties

Discover how GST applies to both residential and commercial property rentals, and how it impacts landlords and tenants in India. Learn about the rates and key considerations for property leases.

April 25, 2025
Read Article
Delhi-NCR's Property Prices Soar by 98% Over Five Years: Here’s How Much They’ve Risen

real estate news

Delhi-NCR's Property Prices Soar by 98% Over Five Years: Here’s How Much They’ve Risen

A recent report by ANAROCK Research reveals that the residential real estate market in Delhi-NCR has witnessed a remarkable 98% increase in property prices over the last five years. Discover the key factors driving this surge and how it affects buyers and investors in the region.

April 24, 2025
Read Article
Mumbai Real Estate: Western Suburbs Emerge as Top Investment Zones

Real Estate

Mumbai Real Estate: Western Suburbs Emerge as Top Investment Zones

The focus of Mumbai's real estate market is shifting towards the western suburbs, driven by strategic developments and infrastructure improvements. This move is expected to boost residential, commercial, and retail sectors significantly.

April 23, 2025
Read Article
Kolte-Patil and Blackstone Join Forces to Boost Residential Real Estate in India

Real Estate Mumbai

Kolte-Patil and Blackstone Join Forces to Boost Residential Real Estate in India

Kolte-Patil Developers Limited (KPDL), one of India's leading real estate developers, has partnered with Blackstone Real Estate to drive residential property growth in key cities like Mumbai and Bengaluru. This strategic alliance will see Blackstone Real

March 17, 2025
Read Article
Discover Your Dream Home: What ₹8.7 Crore Buys You in Delhi and Mumbai

Real Estate

Discover Your Dream Home: What ₹8.7 Crore Buys You in Delhi and Mumbai

Explore the real estate landscape in Delhi and Mumbai to see what kind of home you can get for ₹8.7 crore. From luxurious apartments to spacious houses, find out what this budget can offer you in 2024.

March 6, 2025
Read Article
Prime Property for $1 Million: How Much Can You Really Buy in Mumbai?

Real Estate

Prime Property for $1 Million: How Much Can You Really Buy in Mumbai?

A recent report by property consulting firm Knight Frank reveals that $1 million can buy only 99 square meters of prime residential real estate in Mumbai. This stark figure highlights the premium prices of real estate in one of India's most populous citie

March 5, 2025
Read Article
India's Residential Property Prices Surge: Growing Demand and Luxury Housing Trends

Real Estate Mumbai

India's Residential Property Prices Surge: Growing Demand and Luxury Housing Trends

Residential property prices in India's top cities saw a significant 10% YoY increase in Q4 2024, driven by strong demand and positive market sentiment. The luxury and ultra-luxury segments are particularly strong, pushing prices upwards.

February 25, 2025
Read Article
Nifty Realty Surges as India’s Residential Real Estate Market Improves in Q3

Real Estate

Nifty Realty Surges as India’s Residential Real Estate Market Improves in Q3

India’s residential real estate sector is displaying encouraging signs of recovery, thanks to robust pre-sales growth from leading developers and a gradual uptick in demand. This positive trend is reflected in the Nifty Realty Index, which has seen a sign

February 19, 2025
Read Article
Bengaluru Real Estate: Key Insights for Home Buyers

real estate news

Bengaluru Real Estate: Key Insights for Home Buyers

Bengaluru's real estate market is witnessing a mix of opportunities and challenges. From affordable plots to high-end apartments, the city offers a diverse range of options for buyers. If you are planning to buy a residential property in Bengaluru, here a

January 28, 2025
Read Article